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FREE DOWNLOAD RMO Ichimoku Trend Monitor Forex Binary Options Trading System. This is a very easy and high accuracy Ichimoku Kinko Hyo trading system. This Ichimoku trading strategy is applicable for every trading instrument and timeframe.
Ichimoku Kinko Hyo was designed to be a chart in which you can see the balance of the market, at a glance. It is a trend following indicator, with a built-in support a resistance measurement.
The indicator is basically made up of four components, which are Moving Averages:
The default settings for the indicator are 9, 26, 52. This is what an Ichimoku chart looks like:
When do we actually enter trades with this indicator?…
The entry consists of three parts.
This can be hard to imagine with so many lines, so to simplify, in this trading system we only use Ichi360 Monitor Indicator as Ichimoku trend monitor tool. This is what an Ichi360 Monitor Indicator looks like:
Very simple and easy to understand isn’t it?…
The Ichimoku indicator is a way to complex. I believe that there are simpler ways to trade. However, since many traders seem to use it successfully, it can be a viable option to explore.
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In my opinion, RMO Ichimoku Trend Monitor Forex Binary Options Trading System is an easy and simple way to trade with Ichimoku Kinko Hyo. Remember to trade safe and test out any idea thoroughly before actually trading it.
RMO Ichimoku Trend Monitor Trading Rules
ForexWOT RMO Ichimoku Trend Monitor is a trend- momentum strategy. RMO is a Metastock indicator but here we have a modified version by Madlen with arrow.
RMO indicator is a gauge to market direction. It is displayed as a histogram. As a bullish “BUY” sign, we will look for the point at which the histogram shows movement crossing the oscillator’s zero level line going upwards. If it should go down and cross the line going down, that would be our “SELL” sign, or a “short-sell” sign.
MetaTrader Trading Indicators
SELL Rules
EXIT Rules
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