Description
KISS Indicator for volatility indexes
OPEN INDICATORS FOLDER
3.DOUBLE CLICK KISS 2.0 and owami’s filter
4.DOUBLE CLICK DAILY OPEN AND HIGH AND LOW .
5.RIGHT CLICK KISS 2.0.TPL >>>> > COPY
6.OPEN MT5 TERMINAL
7. CLICK FILE>>OPEN DATA FOLDER>>MQL5>>profiles>>TEMPLATES
8.RIGHT CLICK>>PASTE KISS 2.0 TPL IN THE FOLDER
9.CLOSE ALL OPEN WINDOWS INCLUDING MT5 TERMINAL
10.RESTART MT5
12. RIGHT CLICK ON ANY CHART>>TEMPLATES>>SELECT KISS 2.0….SETUP COMPLETE.
TRADING RULES: TIME FRAME 15MIN(favourite)/5MIN
1.MAKE SURE YOU ONLY TRADE THE DIRECTION OF THE ARROW.
GREEN=BUY RED=SELL
-Entry rules
1.when the arrow appears, wait for the candle to close.
2.check owami’s filter for conformation
3.enter when candle closes above/below the Red moving average.
4.set ur stop at the most recent swing high or low +-200pips.
5.tp set 2x/3x/4x stop loss
Exit and RE-entry options
1.wait for take profit to be hit.
2.trailing your stop loss.
3.when Owami’s filter cross opposite direction.
4.when candle closes above/below red moving average opposite to your trade direction.
5.when Owami’s filter cross again in the direction of the arrow,and/or candles closes below/above the moving
average in the direction of the arrows, you can enter again.
2.do not open many trades on a single vix pair.3.ALWAYS REFRESH YOUR CHART, RIGHT CLICK ON CHART>>REFRESH
4.DAILY OPEN IS MARKED BY A BLUE DOTTED LINE,=MARKET IS BULLISH WHEN PRICE IS TRADING ABOVE DAILY
OPEN LINE.)
MARKET IS BEARISH WHEN PRICE IS TRADING BELOW DAILY OPEN LINE
5.HIGH/LOWS ARE MARKED BY BLUE SOLID LINES, THESE ARE IMPORTANT LEVELS, (SUPPORT AND RESISTANCE)
PRICE HAS A TENDENCT OF REVERSING THOSE LEVELS.I USE THEM FOR TP TARGETS.
6. THIS INDICATOR WORKS ON ANY PAIR.
7.WE HAVE TESTED THE SYSTEM FOR OVER 2 MONTHS, WITH AN ACCURACY OF 80%, AND 100% ON SOME DAY
