Rubicon
Indicator appeared quite recently and very quickly became popular among many
traders. And all because this indicator and strategy based
on it show very good results in forex trading.
Its name
derives from the Rubicon indicator analogy with the known expression
"cross the Rubicon", which means to risk everything in order to
achieve the great goal, take some irrevocable decision. In turn, this
expression has its roots in the distant past, when Julius Caesar took a
difficult decision for myself to go with his army Rubicon river in the Apennine
peninsula, at the risk of completely losing power in case of failure in the
war.
Rubicon
Indicator is not difficult to analyze the signal to enter the market, as these
same signals it displays arrows on the chart. In addition to the chart you will
see a large number of additional indicators and a variety of filters, which
makes it still very easy to use even for beginners.
Rubicon
indicator is universal and can be used on any timeframe and currency pairs.
Arrow indicator can not be redrawn. But there is one minor drawback - you can not
test it on history, since his previous arrows disappear after crossing the
moving average price EMA116 red. This is done in order not to distract from the
actual trader signals in real time.
Characteristics
of indicator Rubicon
- Platform: Metatrader4
- Time: Round the clock
- Currency Pairs: Any
- Timeframe: Any
As you can see in the picture above, the indicator Rubicon plotted moving average EMA116 red and fast moving blue and cyan, green line - Levels for pending orders, and the numbers in the boxes - the recommended levels for Stop Loss and Take Profit.
Rubicon
indicator signals to enter a trade
Once the
price and fast moving cross the red moving average EMA116 preparing for a
possible entry into the market. If the price is above EMA116 only consider
buying if lower - only sale.
When the
horizontal green line exhibiting a pending order (Buy Stop or Sell Stop) at its
level. When the price breaks through the green line and will warrant an arrow
will appear in the boxes and numbers.
Set stop loss on the indicator, and take profit in three times more stop loss. Yes, in fielding take profit we do not listen recommendations indicator, since the ratio of 1:1 (about issues such attitude indicator) is small and does not give an opportunity to compensate for loss in case of failure. But, Take Profit Stop Loss equal to three will allow our profits to grow. But such a Take Profit should stand for the first four orders after passing through price EMA116. For following the 4th Signal Take Profit = Stop Loss.
Example Buy:
Example
Sell:
As you can
see, the indicator Rubicon self sufficient and can be used in the trade as a
whole strategy that does not require additional indicators and filters.
rubicon_indicator .rar