SPORE Manual Trading System / M15
SPORE Manual Trading System designed for manual trading on any currency pair, preferably a highly volatile one. Recommended timeframe - М15.
SPORE Manual Trading System Indicators
- SPORE 2
- SPORE12
- SPORE55
- ABHA CENTER TIMING SIGNAL AVG
SPORE indicator 2 - is an analogue of the Moving Averages (Moving Average), is used as a resistance/support level. With the help of this indicator TakeProfit and StopLoss are set.
SPORE12 indicator is represented by histograms of three colors: gray, blue and red. We get a buy signal when the blue histogram appears above the gray histogram, and a sell signal when the red histogram appears above the gray histogram.
ABHA CENTER TIMING SIGNAL AVG indicator in the trading system is superimposed on the SPORE12 indicator, for visual convenience. The indicator signals are interpreted as follows: when there is a vertical bar upwards - a sell signal, a vertical bar downwards - a sell signal. signal to buy. If the upper bar is colored red and the lower bar is colored blue, it strengthens the signal.
SPORE55 indicator - analog of the SPORE1 indicator, for visual control of the current price state, when it is "inside" the gray histogram of the SPORE12 indicator.
Basic Rules of the SPORE Manual Trading System
The main signal to open a position is given by the SPORE12 indicator.
Purchase: the blue histogram indicator SPORE12 appears above the gray histogram from above, if there is a vertical bar on the "spike" of the histogram. The indicator ABHA CENTER TIMING SIGNAL AVG is directed downward, if it is colored in green - the probability of a successful price movement after the entry is very high.
Sale: The red SPORE12 indicator histogram appears above the gray histogram, if there is a vertical bar on the "spike" of the histogram. Indicator ABHA CENTER TIMING SIGNAL AVG is directed upward, if it is colored in red - the probability of a successful price movement after the entry is very high.
If after entering the market the color histogram does not tend to hide in the gray area for more than 5-10 bars, close a positioneven with a slight minus and wait for the next signal, because such a situation on the indicator SPORE12/ABHA can be interpreted as a potential reversal zone.