XARD Price Zone Trading is a trend-momentum trading system.
The strategy based on Moving Average “Price Zone”, ADX, MACD and RSI oscillator.
- Time Frame: H1 or higher
- Currency Pairs: All Major Pairs
- Price Zone indicator
- MACD Oscillator
- ADX Histo
- Period open line
- RSI T3 candles
- ADX Histo
- Price signal indicator
- RSI candle blue color and above the green color Price Zone indicator
- Period open line aqua color
- Price signal bullish (the white line above the crimson line)
- ADX Histo blue color and above 23
- MACD above zero level and above the signal-line
- RSI candle red color and below the brawn color Price Zone indicator
- Period open line magenta color
- Price signal bearish (the white line below the crimson line)
- ADX Histo magenta color and above 23
- MACD below zero level and below the signal-line
One of the strategies that we can use with this MetaTrader template is to trade off (or as close to) the Daily Open Line shown on the H1 chart.
The Dashed lines shown on the 1hr chart are 50 pips away from each other and the open line (ideal for target line and exit lines should price retreat back over these lines).
On H4 chart this Open line becomes Weekly and on the Daily chart the Open line becomes Monthly.