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Content: Indicators: Radar Signal.mq4, Radar Signal Mod.mq4, Daily_Open.ex4 (Unlocked-Source Code), Template: radar signal trading system.tpl, NO MANUAL.
Radar Signal Trading System
The Radar Signal Trading System is a swing trading strategy designed for the forex market. It is a highly reliable system that has demonstrated outstanding performance in the past, using a combination of several technical indicators to filter out market noise and provide clear buy and sell signals.
Key Features of Radar Signal Trading System
Clear Buy & Sell Signals: The system generates precise buy and sell signals based on the alignment of multiple technical indicators, making it easy to make trading decisions.
Predetermined Target Levels: One of its standout features is the automatic generation of take-profit and stop-loss levels, eliminating the confusion traders often face when setting their exit points.
Reliable Performance: The system filters market noise by using a combination of indicators that show higher probability trade setups when they align.
Radar Signal Trading System Overview
| Time Frame | Currency Pairs | Number of Indicators | Rating |
|---|---|---|---|
| M15, H1, H4, Daily | All forex pairs | 3 | 9.8/10 |
Radar Signal Components
Radar Signal Indicator:
Indicators Used: ADX, RSI, CCI, OSMAR, ATR.
Market Conditions:
Bullish: Blue bars indicate a bullish market.
Bearish: Red bars indicate a bearish market.
Action: Buy when the indicators show blue bars (bullish), and sell when the indicators show red bars (bearish).
Daily Open Indicator:
Similar to a moving average indicator.
Generates buy and sell signals along with target levels.
It is the primary indicator of the system.
StochHistogram:
Fluctuates between positive and negative territory.
Buy Conditions: Look for buy opportunities when the histogram is in the positive territory.
Sell Conditions: Look for sell opportunities when the histogram is in the negative territory.
Buy Parameters for Radar Signal Trading System
Trend: Ensure the market you are trading is uptrending.
Daily Open Indicator: Should show “Buy Entry”.
Radar Signal Indicator: The majority of indicators should be blue (bullish).
StochHistogram: The histogram should be in the positive territory.
Trade Setup:
Long Position: Open the long position when all the above conditions are met.
Stop Loss: Set just below the most recent swing low.
Target Level: Set to the blue horizontal target level.
Sell Parameters for Radar Signal Trading System
Trend: Ensure the market you are trading is downtrending.
Daily Open Indicator: Should show “Sell Entry”.
Radar Signal Indicator: The majority of indicators should be red (bearish).
StochHistogram: The histogram should be in the negative territory.
Trade Setup:
Short Position: Open the short position when all the above conditions are met.
Stop Loss: Set just above the most recent swing high.
Target Level: Set to the blue horizontal target level.
The Radar Signal Trading System is a well-structured swing trading tool that leverages a combination of reliable indicators to help you make confident decisions in the forex market. Whether you’re looking for buy or sell setups, this system provides clear guidance and predetermined targets for each trade, making it an excellent tool for traders looking to simplify their decision-making process.