Oracle Forex Trading System

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Oracle Forex Trading System

The oracle forex trading system is a comprehensive method for traders and is based on oracle move, strength, and direction. This is good for a 4-hour timeframe and is applicable to all currency pairs.

Metatrader Indicators:

  • Oracle Move
  • Oracle Strength
  • Oracle Direction
  • ATR(21).

Buy Entry:

  1. The Blue Line cuts above the Red Line of the Oracle Move Indicator.
  2. The oracle strength Indicator is blue.
  3. The oracle direction shows both up arrows (blue color).

Sell Entry:

  • The Blue Line cuts below the Red Line of the Oracle Move Indicator.
  • The oracle strength Indicator is red.
  • The oracle direction shows both DOWN arrows (red color).

Stop Loss:

  • The stop loss value will be derived from the ATR(21) indicator.
  • Stoploss = 0.85 x ATR.

Exit Position:

  • Use take profit level equals or 2 times of stop loss level.
  • Exit when there are 3 (three) indicators showing a reversal signal.

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