Content: Indicators: [iC2R]LuckyStarPivot.ex4, [iC2R]LuckyStarVF.ex4, [iC2R]LuckyStarZZ.ex4, Templates: @luckystar-bars.tpl, @luckystar-candles.tpl
Lucky Stars is a trend-momentum intraday system based on Lucky Star VF indicator.
This trading system is also equipped with an automatic pilot for the trade.
Time Frame 5 min, 15 min, 30 min.
Currency pairs majors or with low spreads.
Meta Trader Indicators:
Lucky Star ZZ dist 1= 4, dist 2= 12.
Lucky Star pivot.
Exponential moving average 32 period.
Exponential moving average 6 period.
Lucky Star VF based on the following indicators:
MACD: Signal EMA 4, Fast EMA 16, Slow EMA 32,
MA trend 96,
Lucky Stars trading rules:
EMA 6 above EMA 32.
green thin bar with star weak buy signal.
green bar with star strong buy signal.
EMA 6 below EMA 32.
red thin bar with star weak sell signal.
red bar with star strong sell signal.
Exit position more options:
Exit at the pivot levels, with predetermined profit target. Place initial stop loss at the previous swing.