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Forex Tenkan-Sen Ichimoku Buzzer Line Trading with Essam RSI Filter


Forex Price Action – “Tenkan-Sen Ichimoku Buzzer Line Trading with Essam RSI Filter“. The Tenkan-Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.

Along with the 26-period moving average, Kijun-Sen, it is one of two moving average lines displayed in the chart.

In this trading system we use the best combination of Tenkan-Sen and Buzzer line to analyze market trend.

  • Time Frame: M30 or higher
  • Currency Pairs: Any

 

MetaTrader Trading Indicators
  • Tenkan-Sen Ichimoku Kinko Hyo
  • Buzzer Line
  • Essam
  • Relative Strength Index

 

BUY Rules

Trading NOTES

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  • Buzzer Line lime color and above the Tenkan-Sen line
  • Blue color Essam histogram above 0 level
  • Relative Strength Index line above 50 level

 

SELL Rules

 

  • Buzzer Line red color and below the Tenkan-Sen line
  • Red color Essam histogram above 0 level
  • Relative Strength Index line below 50 level

 

Trading NOTES
  • In this system, the Tenkan-Sen line is used in combination with the Buzzer line to create predictions of future momentum.
  • A BUY signal is created when the blue color Buzzer line moves above the Tenkan-sen line, while a SELL signal is created when the red color Buzzer line moves  below the Tenkan-Sen line.
  • Use a demo account or a small live account first to practice this trading system

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