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#571 High Accuracy Forex Kumo Booky KST Advanced Analysis


High Accuracy Forex Booky KST Advanced Analysis – The KST RSI oscillator as developed originally by Martin J. Pring is well known and highly regarded in Stock Trading but not quite so within the Forex community.

Trading NOTES

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It is unique in how it calculates with an uncanny ability to identify dominant cycles.

  • Time Frame: M30 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, and GBPJPY

 

MetaTrader Trading Indicators
  • Brooky KST “RSI” Advanced Analysis
  • Ichimoku Kinko Hyo
  • Commodity Channel Index

 

How to install “Kumo Booky KST Advanced Analysis System

  • Download “TraderVersity.Com-KumoKST” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-KumoKST.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-KumoKST” trading  system and strategy
  • You will see “Booky KST Advanced Analysis System” is available on your Chart

 

BUY Rules


  • Brooky KST “RSI” Advanced Analysis:
    • The histogram > the red line
    • The histogram and the red line above level 0
  • Ichimoku Kinko Hyo: The price upward above the Kumo and the Tenkan-Sen line
  • Commodity Channel Index: above the level 50

 

SELL Rules

  • Brooky KST “RSI” Advanced Analysis:
    • The histogram < the red line
    • The histogram and the red line below level 0
  • Ichimoku Kinko Hyo: The price down below the Kumo and the Tenkan-Sen line
  • Commodity Channel Index: below the level  -50

 

Trading NOTES

This “Forex Booky KST Trading System” is a good tool to produce trade-able opportunities. It is highly advised to read this manual before trading.

You should always follow the rules provided in this manual and use CCI indicator as a confirmation of the rules,
and never trade against the rules.

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