MetaTrader

SKYDART system trading opening a position

1. Watch the bar chart 30M
2. When the signal approaches, switch to 15M and carefully open the position
3. Next return to 30M

• FX Sniper’s lines cross

• CCI raises above zero and the dot on line LSMA is green

• Waddah Attar – the green line of the histogram crosses the yellow signal line from below, the yellow line is above the blue broken line; even better if the yellow line is rising.

Closing a position

• FX Sniper’s lines cross and generate a "sell" signal, or both FX Sniper’s lines cross CCI-34.

• The green line of the histogram hids underneath the yellow signal line

The "sell" signal

• everything is reversed compared to the "buy" signal. But Waddah Attar – the red line of the histogram crosses the yellow signal line, the yellow line is above the blue broken line; even better if the yellow line is rising

Reversal or aggressive buy/sell signal

• The signal occurs when after a significant activity there is a sudden reversal

• FX Sniper’s lines cross each other, or both lines cross CCI34 without crossing each other and generate a "buy" signal

• The green or red histogram Waddah Attar HIDES BENEATH the gold signal line – observe the first bar (candle) at which the histogram will hide beneath the signal line and change colour.

• The colour of LSMA dot is consistent with the position being opened (green for long, red for short).

Any question ? how to position the stop loss ? how to position the take profit. These things depend on individual risk acceptance thresholds and individual greed. Happy nice trading with SKYDART system trading.