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Price: $5.00
Indicators: #4X 3 Semafor Alert.ex4, BetterVolume 1.4.mq4, BetterVolume ChartBars part1 1.4.mq4, BetterVolume ChartBars part2 1.4.mq4, CCI.mq4, Kaufman_Bands.mq4, Magnified Market Price.mq4, MM%23%20LabelLevels.mq4, MTF_Waddah_Attar_ExplosionSA.mq4, StochasticBars.mq4 (Unlocked), Template: zenki.tpl, NO MANUAL.
Zenki Trading System Overview
Zenki is a trend-following trading system designed for the forex market. When its rules are followed precisely, Zenki delivers accurate signals about 90% of the time. The system provides a wealth of technical information on the chart to help you make precise decisions about when to enter and exit trades. It uses six technical indicators in the main chart window and four additional indicators in separate windows. A buy or sell signal is generated only when all these indicators agree.
Key Indicators in Zenki
Kaufman Bands
This indicator features a moving average dotted with colored points. Blue dots signal bullish conditions, while red dots indicate bearish trends. Watch for price crossing over the Kaufman Bands—crossing above is a buy signal, crossing below is a sell signal.
Better Volume
The Better Volume indicator shows volume strength with blue and red histograms. Enter trades during periods of high volume for better reliability.
Commodity Channel Index (CCI)
CCI oscillates between positive and negative zones. For buy signals, the CCI should be in positive territory; for sell signals, it should be negative.
Waddah Attar Explosion
This indicator uses blue and red histograms to show market momentum. Blue bars mean bullish momentum, red bars indicate bearish momentum.
While Zenki includes other indicators, these four are the most important and sufficient when used properly.
Buying Conditions Using Zenki
Price crosses above the Kaufman Bands
Better Volume indicator shows high volume
CCI is in the positive zone
Waddah Attar Explosion histogram is blue
Action: Enter a long position as soon as these conditions are met.
Stop Loss: Place just below the recent swing low.
Take Profit: Exit the trade when price crosses below the Kaufman Bands.
Selling Conditions Using Zenki
Price crosses below the Kaufman Bands
Better Volume indicator shows high volume
CCI is in the negative zone
Waddah Attar Explosion histogram is red
Action: Enter a short position as soon as these conditions are met.
Stop Loss: Place just above the recent swing high.
Take Profit: Exit the trade when price crosses above the Kaufman Bands.