Forex system based on 3 custom indicators [Test]
Most traders build their system Forex based on standard indicators (if you decide on this type of strategy) that are available on the given trading platform. However, hardly anyone reaches for less popular solutions, and they are the ones that open a series of subsequent gates in trading.
In this test, we will try to check the potential and possibilities offered by non-standard tools that can be added and used in trading on the MetaTrader 4 platform. The test will consist in using three new indicators and our strategy will be built solely on the basis of it.
Forex system with 3 (custom) indicators
In our system we will use the following three indicators, which we have previously reviewed in the pages
- Multi trend signal,
- CCI and CCI Divergence (in one window),
- 3D Oscillator.
In our test, we assume that the basic condition to be met to enter the game will be a signal generated from at least two of the indicators set. In addition, we will support each other with trend lines and support and resistance levels. We will focus on the combined CCI and CCI Divergence and 3D Oscilator. Multi Trend Signal will be an indicator "Supporting" whole. In the spectrum of our interests will be primarily currency pairs, stock indexes and the most popular raw materials.
Test parameters:
- Real account (broker IC Markets) with a balance of USD 1000,
- We start on June 15, 2020,
- The duration of the test will be 5 weeks,
- Summaries will take place once a week.