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Nasdaq, ger30 or Sp500

Here is some note I gather from reading about the indicator.
Radar Signal trading system is a forex strategy trend following breakout. It's based on the radar signal indicator.

Time Frame 30 min or 60 min .

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF/ GPB/JPY, EUR/ JPY, US/NZ, and exotic currency pairs.

Metal: Gold and Silver.

Indices: S&P 500, Dax, FTSE.

MT4 Indicators:

Radar Signal,

Daily Open,

Stochastic histogram ( 14, 3,3,).


Rules for Radar Signal Trading System

Long Entry

Radar signal indicator indicates a pending buy order.

Place order, if Stochastic histogram is green and the price is above the daily open line.


Short Entry

Radar signal indicator indicates a pending sell order.

Place order, if Stochastic histogram is red and the price is below the daily open line.

Exit position

At the profit target indicate by radar signal indicator or fast profit target that depends by currency pairs. Initial stop loss 30-40 pips.
 

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