PamaGrangrid Oscillator is a forex trading system. PamaGrangrid oscillator is a very simple forex trading system. You can use this forex trading system to trade in time frames like 15 minute, 30 minute, 60 minute, 4hour, and daily. PamaGrangrid Oscillator helps you to trade for short term swings rather than holding for long term. There is only one indicator used in this forex trading system. PamaGrangrid oscillator is too simple when you look but it is a powerful trading system. If you are disciplined and follow the rules of the system strictly you can generate nice profits from this trading system.
Once you deviate from the rules of the trading system, you will lose. When the PamaGangrid Oscillator is correctly installed in your trading platform, your chart should look like this:
You can see blue and red arrows in the main chart window. When you see blue arrow, it’s a buy signal and when you see a red arrow it’s a sell signal.
- PamaGanngrid oscillator
This indicator consists of oscillator which has red and green line above and below it. You should be buying only when there is green line and you should be selling only when there is red line.
Buying Conditions Using PamaGangrid Oscillator.
- A blue arrow should appear below the market.
- A green line should appear in the PamaGangrid oscillator
- 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 you see a red arrow above the market.
Selling Conditions Using PamaGangrid Oscillator.
- A red arrow should appear above the market.
- A red line should appear in the PamaGangrid oscillator
- 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 you see a blue arrow below the market.
Download Free Forex Pama Grangrid Strategy
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