Alert 3MAs Signal
This indicator is based on 3 MAs. The best TF is D1, minimum is H4. You can trade with smaller TF but it is not recommended.
All prices displayed are Bid prices. We trade following the trend break out (Sell Stop or Buy Stop). So we set entry price 10 more basic points after Entry line and set stop loss 10 more bps behind Stop Loss line.
We've been using this indicator for almost 3 years, for all pairs. Most pairs have won, just some pairs have lost.
Sometimes we hit stop loss once or twice with limit risk, but if the signal is still on and if the price is going back Entry we jumped in again.