Can anyone program a metatrader indicator to go with this system that seems tobe working for people very well.

Forex Trader 2009.06.08 22:04

I know that the lowest time frame is 1 minute. But apparently someone has figured out how to program this into an indicator. Except I cant get him to respond to my request for it. Here is the description of the system below. I would appreciate any help.

Thanks

This system is simple and has been developed by me with 1 year of testing and trying to win in the forex market.

RULES:

1. Open a 5 SEC chart of a pair of currencies with the minimum spread available for you (EUR/USD 0.9 spread) **DON'T touch other pairs**

2. Wait for a formation of a "almost flat line" for about 4 minutes
(flat line means the price doesn't move more than 2 pips up and down for 4 minutes)

3. The signal for buy/sell is triggered by a SUDDEN (WITHIN 5 SECS. ) 4+ pip BREAKOUT that I call the "Virus"

4. Set STOP-LOSS and TAKE-PROFIT on equal parts of the position. (ABOUT 7 PIPS for earch)

5. Repeat and lets make money together

New comment