Oracle Forex Trading System
The oracle forex trading system is a comprehensive method for traders and is based on oracle move, strength, and direction. This is good for a 4-hour timeframe and is applicable to all currency pairs.
Metatrader Indicators:
- Oracle Move
- Oracle Strength
- Oracle Direction
- ATR(21).
Buy Entry:
- The Blue Line cuts above the Red Line of the Oracle Move Indicator.
- The oracle strength Indicator is blue.
- The oracle direction shows both up arrows (blue color).
Sell Entry:
- The Blue Line cuts below the Red Line of the Oracle Move Indicator.
- The oracle strength Indicator is red.
- The oracle direction shows both DOWN arrows (red color).
Stop Loss:
- The stop loss value will be derived from the ATR(21) indicator.
- Stoploss = 0.85 x ATR.
Exit Position:
- Use take profit level equals or 2 times of stop loss level.
- Exit when there are 3 (three) indicators showing a reversal signal.
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