Originaly posted by Bogdan G.
This is a pure trend following strategy and it is known this type of strategy has a high success rate. It is not exactly what I would trade, but some traders (especially beginners) will find it great for trend recognition. The original strategy can be found at http://forex-strategies-revealed.com...ainbow-madness
and if you follow the link, you will see there’s also a second, more complex version of the strategy but I consider it would just overcomplicate things and confusion would set in…if it didn’t already (hope not). So thanks to the guys who coded the indicators and good luck if you need it.