• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Daily Forecast
  • Tradingview Tools
  • Courses
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Ozymandias Intraday Trading

February 18, 2016 by Dominic Walsh Leave a Comment

Ozymandias Intraday Trading is a forex trading system designed to trade on intraday time frames like 5 minutes, 15 minutes, etc. The Ozymandias Intraday Trading is really simple. This forex trading system consists of really few technical indicators which makes the job of trading easier for the beginner traders. The system is mainly based on pivot levels and the confirmation is given by the BullsEye indicator which is located at the bottom of the chart. The system is designed for short term trading so the traders should look only for short term opportunities while trading with Ozymandias Intraday Trading system. The basic concept of using pivot levels is that the market is assumed to be in an up trend when the market is above the Pivot level and vice versa.

So, we will be buying only when the market is above the pivot level and selling only when the market is below the pivot level. When Ozymandias Intraday Trading is correctly installed on your metatrader 4, your chart should look like this:

Ozymandias Intraday Trading

  • Pivot Levels

There are various pivot levels in the main chart. However, the daily pivot level still remains same for a day. Other levels can be taken as potential support and resistance levels. When the market is above the pivot level you can look to buy when the potential resistance level is broken. Similarly, in a down trend market, when the potential support is broken, you can look to short.

  • BullsEye

BullsEye indicator is a custom made technical indicator which consists of red and green bars. Green bars indicate the bullish pressure in the market and the red bars indicate the bearish pressure in the market.

Ozymandias Intraday Tradingalso shows the different market sessions which is an important factor for the intraday traders. On the top left, there are also information like spread, range, and the opening time of the candles.

Buying Conditions Using Ozymandias Intraday Trading System.

Ozymandias Intraday Trading System

  • Price should be above the daily pivot level.
  • BullsEye indicator should have green bars.
  • Place your long position as soon as above conditions are met.
  • Place your stop loss just below the recent swing low.
  • Take your profit when the BullsEye indicator turns red.

Selling Conditions Using Ozymandias Intraday Trading System.

Ozymandias Intraday Trading System

  • Price should be below the daily pivot level.
  • BullsEye indicator should form red bars.
  • Place your short position as soon as above conditions are met.
  • Place your stop loss just above the recent swing high.
  • Take your profit when the BullsEye indicator turns green.

Open demo account to test this system.

Download Free Forex Ozymandias Intraday Trading Strategy

Download Free Ozymandias Intraday Trading Strategy

Filed Under: Free Metatrader Systems Tagged With: bar indicator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • February 2023 (1)
  • January 2023 (6)
  • December 2022 (7)
  • November 2022 (19)
  • October 2022 (20)
  • September 2022 (27)
  • August 2022 (13)
  • July 2022 (4)
  • June 2022 (2)
  • May 2022 (2)
  • April 2022 (3)
  • March 2022 (5)
  • February 2022 (3)
  • January 2022 (5)
  • December 2021 (1)
  • November 2021 (3)
  • October 2021 (3)
  • September 2021 (2)
  • August 2021 (1)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (6)
  • April 2020 (7)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (11)
  • August 2018 (5)
  • July 2018 (6)
  • June 2018 (3)
  • May 2018 (6)
  • April 2018 (2)
  • March 2018 (9)
  • February 2018 (8)
  • January 2018 (10)
  • December 2017 (10)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (29)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Daily Forecast
  • Tradingview Tools
  • Courses
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2023 Forexobroker

Copyright © 2023 · Magazine Pro Theme on Genesis Framework · WordPress · Log in