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crimsonhail

Alligator-Rainbow, Velocity trend continuation

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British Pound / Japanese Yen (FX:GBPJPY)  
crimsonhail Updated   
FX:GBPJPY   British Pound / Japanese Yen
Technical Indicators Bill Williams Indicators Oscillators
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indicator billwilliams oscillator
The Alligator offsets all changed to zero, colors changed to match a common "rainbow" strategy and the MACD is set extra long for confirmation/filtration. Once these two show the trend stochastic is used for entry-exit points with additional filtration provided by Heiken Ashi. Happy trading.
Comment:
Also this MACD is multi-time frame and set to the next, higher interval so 30 minutes.

(Additional Alligator-Rainbow settings) Especially if you prefer higher time frames and these tight settings do not work for you, I have seen similar strategies which use 20/13/8 or you can try original rainbow at 26/14/6. Note that as you change the TM you will have to accordingly change the MACD settings and/or interval for better filtration.
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