Simple trading system based on Rubicon indicator

The Rubicon indicator appeared in 2011. It’s paid and made by American specialists. But lately, this indicator has spread in Runet. It is notable for the fact that the whole trading strategy is based on it. It is very convenient for beginners, because there is no need to study a lot of indicators and oscillators, to search for support and resistance levels, to determine the levels of stop loss and take profit. The Rubicon indicator successfully works on all timeframes and all currency pairs. But from the experience of working with it, it is determined that the most optimal is the range of timeframes from M15 to H4, and the best results on the M30 and H1. Small timeframes have a lot of false signals, and large signals are rareThis is how the indicator looks on the chart. The main rule is to buy above the red line, sell below the red line. The price position is indicated by blue and blue lines. The signal for sale here is the appearance of a green horizontal line. The Sellstop order is set at the level of this line. Correspondingly, we set a Buystop order at a buy signal. After the price of this line is crossed, a yellow arrow appears. After the order triggers, set the stop loss and take profit, specified by the indicator. It should be noted that the system produces a Stop Loss equal to Take Profit. However, in order to increase the overall profitability of takeprofit, it is better to do 2-3 times more stop loss, especially when these values are smallExample of buy signals. There’s five lucky signals here, and the sixth one’s got a Stop Loss. That’s why we have to be careful in such cases. After three or four signals in one direction, the probability of turning around increases. This figure also confirms the view that more takeprofit should be placed. In this example, you could take a profit several times or several times more at once. In the case of flute, it is better to use standard takeprofit, as the range of motion is small and can be a lot of false signals.Download indicator