Trading system “Entropy” is based on the principle of following the market. Suitable for all currency pairs. Optimal timeframes H1 and H4. Regulated brokers will ensure the security of the investment. There are two indicators in the system. One is the famous Bill Williams Alligator. The alligator indicator consists of three moving averages with periods of 5, 8 and 13. Under certain conditions, this indicator shows the direction of movement quite accurately. But on the flat market and on small timeframes it often gives false signals. In the “Entropy” system this drawback is eliminated by the fact that alligator signals are confirmed by the “Entropy Math forex indicator”. This indicator, created by Alexander Pak, determines the strength of the market movement.The “Entropy Math” indicator is displayed in the lower window of the Metatrader terminal. On the chart, the green line shows an increase in growth above the level of 0.001 and an increase in decline below the level of -0.001.The main condition for buying occurs when the price rises above the “Alligator” indicator.Rules for opening a purchase:1. The green line of Alligator’s Lip should cross the blue line of Alligator’s Jaw2. The red Alligator’s Teeth line must cross the blue Alligator’s Jaw line3. The “Entropy Math” indicator line should be in the zone above the level of 0.001
This picture shows an example of opening a Buy position after the red line crossed the blue line and the “Entropy Math” indicator is above 0.001. The stop-loss is set below the local minimum and the take-profit is at the same distance in points.The main condition for selling occurs when the price falls below the “Alligator” indicator.Rules for opening a sale:1. The green line of Alligator’s Lip should cross the blue line of Alligator’s Jaw2. The red Alligator’s Teeth line should cross the blue Alligator’s Jaw line3. The “Entropy Math” indicator line should be in the zone below the level – 0.001
Here you can see the sell after the red line crossed the blue line and the “Entropy Math” indicator is below 0.001. The stop-loss is set above the local maximum, and the take-profit is set at the same distance in points.You can download the “Entropy Math” indicator and the system template using the link below.Download files