Complex trading system 1. Rainbow MadnessSubmitted by Azim. Hello everyone. I just found a strategy that should be easy for anyone here. Trader. 10. 0 for sharing and thanks to Edward the team too for leading us to the path to become a real trader. Custom Candle Indicator Mt4 Trend' title='Custom Candle Indicator Mt4 Trend' />Share your opinion on indicators, signals and strategies released by the FXCodeBase. Your feedback is the only. Free Scalping Indicator The Free Scalping Indicator is a special set of trading indicators builtinone designed to be used in conjunction with each other to identify. Alright lets get startedDTimeframe 3. Pairs GBPJPY, GBPUSD, EURUSD RecommendedRAINBOW MADNESS V1. Just take a look at these examples. Wifi Adapter For Directv Dvr. All these trades were profitable. But you can not see 7. And 8. Trade profit area. I just can say it was hit. Just so you believe me there is another pic. If you would take some trades after trade 8. Your profit would still get hit as you can see last move down. If we take a look at these examples we can say that we go long if price is above RAINBOW and short if price is below RAINBOW. We can also say that we go long or short if rainbow colors are in right order. Take a look at pic again and youll understand. We want for price to find support somewhere in rainbow NOT somewhere on other side of rainbow. So first of all what we need Rainbow MMA0. Rainbow MMA0. 7Rainbow MMA0. Binary option online binary option 24option binary options reviews 2017 how to win at binary options trading binary options vantage fx binary options free live charts. For those who dont use Meta. Trader MMA0. 6MMA0. MMA0. 86. 8 EMA5. EMA3. 5 EMA6. 5 EMA4. EMA3. 3 EMA6. 2 EMA4. EMA3. 1 EMA5. 9 EMA4. Custom Candle Indicator Mt4 Free' title='Custom Candle Indicator Mt4 Free' />EMA2. EMA5. 6 EMA3. EMA2. EMA5. 3 EMA3. EMA2. EMAWe have to add 2 EMAs as well 1. EMA close. 12 EMA open. Make your rainbows in different colors. In my chart 0. 6 is green, 0. So stoploss and take profit. Its easy to place stoploss. Real art is to place take profit right. Ford Laser Workshop Manual there. I use FIB levels as TP. If you like you can add 5. EMA, 8. 9 SMA, 1. SMA, 2. 00 SMA, 3. EMA and use them as profit areas. Also you can use big numbers. So FIB levelsMAsBig numbers1. EMA crossEtc. I place my stoploss at previous highlow. If SL is very small and there is very high possibility it is going to get hit, place it at next highlow. So SL and TP examples. WHITE SL and BLUE TPAnd rules Long Rainbow 0. Short Rainbow 0. Next is the improved version. RAINBOW MADNESS V2. What we need for RAINBOW MADNESS v. MACDHeiken Ashi Smoothed. Many MAs. Trigger MAs. Stoch. And a trend. SETTINGS MACD 9 1. Heiken Ashi Smoothed 2 1. MAs If you use Meta. Trader than all you need is 0. Rainbows. If you dont you have to put these on your chart MMA0. MMA0. 7MMA0. 86. 8 EMA5. EMA3. 5 EMA6. 5 EMA4. EMA3. 3 EMA6. 2 EMA4. EMA3. 1 EMA5. 9 EMA4. EMA2. 9 EMA5. 6 EMA3. EMA2. 7 EMA5. 3 EMA3. EMA2. 5 EMAEvery set of MAs should be in different color. Just so it would be easier for you. Trigger EMAs 1. EMA open 6 EMA closeYou can use other set of trigger EMAs if you want to. Like 5 EMA open 5 EMA close etc. But you should know that every MAs set has problems. Find one that works for you or use 1. Stoch If you want you can use usual stoch but it takes some room so I like to use stoch alert. Stoch 8. 3. 3. Overbought 7. Oversold 2. 5If you want to use usual stoch than put it on your chart with stoch alert just so you could understand why usual stoch gives many more signals. Why we need all these indicators Cuz everyone of them improves other. Like trigger MAs. They give many false signals but Stoch helps to escape them. And sometimes stoch gives false signals and MAs help. Heiken Ashi candles work together with Rainbow. MACD I have added 2 levels to MACD 4. The are between them is called Silent Zone. When MACD is somewhere in this channel we dont take any trades. When MACD candle ends abovebelow this channel we can start to think yes or no. Why do I need this stupid channel you ask See example. Everything is showing that price is going down RED Heiken Ashi, Rainbow, stoch, Trigger MAs and MACD but MACD is still in the Silent Zone We would enter trade on next candle after blue line if this would be right tradeSo no trades while macd IS IN SILENT ZONE. Next 4 canles stochWith this I mean that we enter trade only on next 4 candles after stoch makes a cross. If everything gives a signal later we dont take the trade. One thing about stoch alert. Stoch makes cross AFTER arrow candle ends. Thats when we start to watch if we can take the trade. So anyway 4 candles. In this case we can enter trade only on sixth candle. Much too late. So anyway rules for entry LONG MACD is above 0 and out of Silent Zone and previous candle is green. Stoch has made a cross. Arrow on my chart. REMEMBER stoch has made a cross after arrow candle. So first candle when we can enter trade is candle after arrow candleRainbow is in right order. If you dont know what is right order see Rainbow Madness V1. Price bounces off somewhere in rainbow. Previous heiken ashi candle is blue. Trigger MAs has made cross. REMEMBER 4 candles SHORT MACD is below 0 and out of Silent Zone and previous candle is red. Stoch has made a cross. Arrow on my chart. REMEMBER stoch has made a cross after arrow candle. So first candle when we can enter trade is candle after arrow candleRainbow is in right order. If you dont know what is right order see Rainbow Madness V1. Price bounces off somewhere in rainbow. Previous heiken ashi candle is red. Trigger MAs has made cross. REMEMBER 4 candles I believe that examples will help you understand much better. And now Take Profit and Stop Loss. Thats up to you. Im just going to make a list and you can chose or if you want do it how you like it. SL previous highlowround number areasstrong sr level. Some indicator like bbands stop v. TP Fibo levels. R R 1 1. SR levels. Some indicator. Price action. Etc. Downloads Rainbow. MMA0. 6. mq. 4Rainbow. MMA0. 7. mq. 4Rainbow. Mozilla Firefox Zip Format there. MMA0. 8. mq. 4rainbowtemplate. HeikenAshiSmoothed. StochasticCrossAlert. Those files are the explanation and indicators. What I want to discuss is on Rainbow Madness V2 as I hardly understand some of them. HAPPY TRADING Azim.