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In the SpaghettiFX indicator we have 4 elements:

Red Line (Fast MAs)
is the spread of the red MAs. If the red line is below the 0 line, then the red MAs are pointing down (short). Vice versa if they are above the 0 line that they are long.
Blue Line (Slow MAs)
same as above but for the blue MAs. If the blue line is below the 0 line, then the blue MAs are pointing down (short). Vice versa if they are above the 0 line that they are long.
Light Gray Histo (Spread)
shows you the gap between the two sets of MAs. The wider the stronger and more stable the trend is. This can also be used as a trend indicator. Above 0 we are bullish, below 0 we are bearish.
Dark Gray Histo (Amplitude)
shows you the total spread of the two sets. From the fastest MAs to the slowest one.

With the SpaghettiFX indicator you’ll have the chance to understand what the two main actors of the market (long and short term traders) are doing and how they relate to each other. Do they agree or not?

But to make things even easier, we developed a real trading system around this indicator and developed an additional indicator that is incredibly easy to read and gives very good entry/exit signals that can’t be misunderstood.

By “reading” the SpaghettiFX Indicator, Signals is able to divide the market into 4 conditions:

Strong Blue – Strong Bullish
Blue – bullish
Red – bearish
Strong Red – Strong Bearish

And based on it there are a few ways that you can trade with it.

On EURUSD for example, on H4, a bold red histogram in the bottom window is often the precursor of a bearish move of +200 pips. Likewise a bold blue histogram often anticipates a +200 pips bullish move.

Attached Files

• SpaghettiFX.rar (299.3 KB)

(SHARE) SpaghettiFX