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Here I spread a system powerful enough . You can try it and make it better. Carefully study this system. Diagram picture explained it all.
Spider Band (SB) can be use to any currency and time frame.
The rules is to follow the band movement. Yes the movement show the trend as well the high and low of the price.
1) Buy when the price touch the lowest SB line and Sell when the price touch the highest SB line.
Thank You
Rawmaterial inc.
Last edited by Ruzlan99; 04-17-2009 at 04:27 AM.
Reason: del SB range pix
Basic Winning Tips:
1.Trade when all the indicators show it clear signal for long or short.
2.Do not trade when stress.
3.Best opportunity is time after news.
Thanks
Rawmaterial Inc.
Last edited by Ruzlan99; 03-27-2009 at 02:32 AM.
Reason: spelling correction
dear Ruzlan99,
I am little bit confused about the brown color MA........What's it parameter and what type of MA??????
Please mention and it would be better if you could set up all the indicators in your templates.........
Thanx and regards........
It's the 34EMA .A breakout line for spider Band system.I advise that you observe the SB lines first without any other indicators .Just the SB lines.To get more picture on future price movements Spider Band lines formed from previous price movement,so you have to look back(at previous min,hour or day) using SB line study and get the picture. hope you can understand my explanation.History will always repeat.Herewith i attached the complete SPIDER BAND SYSTEM for you.
Thanks .
Ruzlan99
Rawmaterial Inc.
Last edited by Ruzlan99; 03-27-2009 at 02:24 AM.
Reason: correction
Dear Ruzlan,
Its a nice system.I am interested with it.I am observing it from last night after opening of your thread.
When the candle crosses the base line 34EMA with other indicators in right position we shall take entry.The SB lines here works as direction of the price action.
Thanx and regards Ruzlan
Could you post the rules to this system? I see the chart examples, but some set rules would be nice. Why all of the Moving Averages at various distances away from your center? Do you trade when the pair has moved a certain distance away from center, and the indicators shown suggest a reversal?
Each timeframe had its own S.Band parameters., you can use the S.Band in any way u felt match to you.
Its not for 1 min TF only . If you are a long term trader try to look at S.Band 30min or 4 hours and so on..ok..
If u watch S.Band closely you will see the price movement is along the Spider Band ( S.B range) that is formed automatically.(U can also add or modify the SB line ).No matter what time frame you use S.B serve as an excellent guide to determining support resistant revesal oversold overbought and even price prediction. For instance, when price go to the highest line of SB it will go back down to the lowest S.Band of that timeframe.
I attach latest s.band tpl.
Please leave a comments to better the spider band.
Regards
Ruzlan99
Last edited by Ruzlan99; 03-18-2009 at 02:04 PM.
Reason: correct a few words