The Rubicon indicator is one of the new custom indicators for traders, which has become quite popular due to good results and the construction of an almost complete trading strategy. Especially for novice traders, Rubicon Indicator has become an indispensable assistant in currency trading on the Forex market.
Title Rubicon was taken from the expression - "to cross the Rubicon", it's the same as making an important irreversible decision, risking the last one to achieve the goal. In fact, Julius Caesar crossed the river Rubicon on the Apennine Peninsula during his next military campaign, which would have failed if the great ruler had not decided to cross the Rubicon.
Visually, the Rubicon indicator gives trading signals to a novice trader using sound alerts from arrows, which is quite convenient. Also, Rubicon Indicator is equipped with additional filters and information panels, on the basis of which the trader receives the necessary information.
See Fig. 1. in the application
As you can see from the example, the Rubicon indicator draws an exponential moving average with a period of 116 (red color of the line) and fast moving averages (blue and cyan colors of the lines) on the chart. The green lines on the chart show the zones for placing pending orders, and the numbers show price levels where best place orders Stop-loss and Take-Profit.
Basic indicator settings Rubicon:
See Fig. 2. in the app
· Target Label Size - location of the price label for take profit.
· Stop Label Size - the location of the price label for the stop loss.
· Arrow Size - arrow size settings.
· Audio Alert - the ability to activate the sound signal.
Using the Rubicon indicator, you can trade on any currency pairs ah, around the clock, and on any timeframe.
Rules for trading with the indicator Rubicons are simple:
1. We are looking for an entry to buy a currency pair when fast moving averages cross EMA 116 from the bottom up.
2. We are looking for an entry to sell the currency pair if fast moving averages cross EMA 116 from top to bottom.
For lazy traders, the Rubicon indicator even draws a green line for placing pending orders ( BUY STOP and SELL STOP ) when the main signal to enter the position appears. Besides, Rubicon Indicator draws price levels of orders Stop-loss and Take-Profit after a trading position is opened.
See Fig. 3. in the app
It turns out that the Rubicon indicator thinks for the trader, who can only follow its signals and run to cash out the money earned at an ATM.
However, it is important to consider that the Rubicon indicator places a Take Profit order at the distance of the Stop Loss order value, which makes any trading strategy vulnerable, with a minimum positive mathematical expectation.
As you know, the optimal ratio of Take Profit and Stop Loss orders is 3:1. Therefore, we strongly recommend that you do not take into account the basic recommendations of the Rubicon indicator on the size of the Take Profit order, but place it yourself, based on: the size of the stop multiplied by 3.
Also, you need to understand that a new trend begins at the first intersection of fast moving averages with slow moving averages, after exiting the consolidation zone. Further, new moving average crossovers may provide little upside potential. Therefore, experienced traders who successfully use the Rubicon indicator advise to reduce the stop-to-take ratio by 1:1 for further entries or adding to the trend, which is, by default, in the indicator settings.
Benefits of the Rubicon indicator:
· Self-sufficiency and convenience of the received trading signals for entering the market;
· Good profitability when trading on higher timeframes: H1, H4, D1;
· Universality of use on any financial instruments.
Disadvantages of the Rubicon indicator:
· A lot of false entry signals when flat. This problem can be solved either by moving the position to breakeven, or by using additional indicators that would cut off signals from the flat.
· Entry with pending orders is also not always productive, because on a breakdown, a trader loses about 10-20% of the price movement potential as opposed to entry on a rollback in the market.
· Working with only moving average crossovers has a negative mathematical expectation of a series of successful trades, which is very difficult to correct.
Thus, we got acquainted with the principles of the indicator Rubicon . Also, we have considered the main advantages and disadvantages of the trading signals of this indicator. Perhaps one of you will Rubicon indicator to your development.
This trading strategy named after Rubicon indicator, all because it serves as the main component of this strategy and moreover, it draws profit and stop levels.
Market: Forex;
Currency pairs: various;
Timeframe: M15 - M30;
Forex indicators: Rubicon Indicator;
Strategy: trendy;
Protective orders: StopLoss, TakeProfit, Tralling Stop.
Rubicon Indicator consists of three. Main moving with period 116, Exponetional type. Buy orders will be opened if the market is above the EMA(116), and sell orders if the market is below the EMA(116).
Also Rubicon Indicator draws an arrow at the time of entry, profit and stop levels, and the level at which to enter the market. The yellow price indicates the TakeProfit level, the orange price indicates the StopLoss level.
The only disadvantage of this indicator is that you cannot view its history. Therefore, you have to look closely at it in real time. But according to numerous reviews of traders, the indicator deserves attention.
Indicator Settings
-TargetLabelSize– increase/decrease the size of the price label for take profit.
-StopLabelSize– increase/decrease the size of the stop loss price label.
— ArrowSize– increase/decrease the size of the arrow.
— AudioAlert– enable/disable notification with sound.
As mentioned above, the indicator takes on all the functions and is actually an independent strategy. Therefore, everything will be quite simple.
1. Install the indicator on the chart. Time interval M15 or M30.
2. Place a pending order instead of the green line: a BuyStop order if the market is above the EMA(116), and an order if the market is below the EMA(116).
At the moment of entry, the indicator draws a yellow arrow. If the market rolled back after the entry, but did not reach the Stop, it draws an orange arrow at the time of the re-breakout of the high.
3. If we take the standard parameters of the indicator. Then we set it at the level of the Yellow price label and StopLoss at the level of the Orange price label.
You can use the upgraded stop and profit parameters. As one of the options, we calculate the stop level in points and multiply by 3. The result in points will be the Take Profit level. With this approach, one profitable trade will cover three losing ones.
Since the indicator is based on moving averages, it is best to choose trending pairs accordingly.
During testing, the Rubicon indicator showed enough good trade. This indicator showed more profitable trades than losing trades. This fact alone allows us to consider this indicator reliable. With a normal approach, without violating the rules for opening orders, the Rubicon indicator will allow you to increase your personal trading account by an order of magnitude.
Here we will show the rules for entering the market to buy and sell on the signals of the Rubicon indicator. We also note that for a better understanding of the essence of the signals that this assistant issues, you need to have at least initial knowledge in the field of placing pending orders. However, if they are not at all, read below where they should be displayed.
Every day new Forex indicators for traders appear on the Internet. In addition, work is constantly being done to improve advisors, trading plans and trading methods.
In spite of a large number of trading indicators, not everyone can be called reliable and profitable in terms of trading. But there are really high-quality tools for trading on the stock exchange. Just one of these is the Rubicon indicator. After its release, thousands of traders fell in love with it. Why is he good? First of all, the fact that it can be used on any currency pair and on almost all timeframes. It turns out that the Rubicon Forex indicator is a ready-made trading system, moreover, profitable.
When potentially profitable signals appear, in addition to visual indicators, there are sound alerts. Thus, it is difficult to miss a potentially profitable signal to enter the market.
It is worth noting that the Forex Rubicon indicator has certain settings and filters that can be adjusted to a particular timeframe and currency pair.
Figure 1. Rubicon indicator in MT4.
As you probably already understood, the Rubicon indicator perfectly predicts the further direction of the price. Full trading is available due to reliable indicators and sound alert.
Trading is possible on all assets and almost any time frame. You can trade around the clock on weekdays. That is why the Rubicon trading system is considered universal. That is why you should definitely download the Rubicon indicator today in order to have time to test it on a demo account and earn money on a real one as soon as possible. Oh, and don't forget to get free training on this trading system.
The Rubicon indicator has 3 moving average indicators:
We figured out that the Rubicon system is based on three moving averages: a red EMA and two fast moving averages (blue and green). The Rubicon indicator is also equipped with green horizontal lines. They show where to place pending orders. In addition to these tools, there are yellow and orange rectangles with prices inside. You should pay attention to them when you need to place stop orders take profit and stop loss.
Figure 2. Parameters of the Rubicon indicator.
When a trader downloads the Rubicon indicator and uploads it to his trading terminal, after restarting MT4 it will appear in the window "Navigator" . We drag it with the mouse to the selected currency pair, after which a window with settings will appear that allows you to make some adjustments to its work.
Main settings items:
Consider buying: the red moving average EMA 116 should be crossed not only by the price, but also by the other two EMAs (blue and green). Also, the Japanese candle should preferably close above the red line EMA 116. This should be confirmed by a yellow arrow and a sound alert. Appears separately horizontal line Green colour. A pending Buy Stop order should be placed on its border. In addition, yellow and orange rectangles with numbers inside them should appear. You need to set stop loss and Take Profit at their levels.
Now let's consider selling: selling is allowed only when certain conditions are met. The price broke down the red EMA along with two moving averages, the Japanese candlestick fixed under the red moving average. A green horizontal mark should appear in the form of a line, on which you need to set a pending Sell Stop type. As soon as the price reaches this value, a sell order will be opened. Orange and yellow rectangles with numbers inside will also appear. These price levels indicate the placement of Stop Loss and Take Profit.
Note that you will need to experiment with the settings of the aforementioned stop orders, because in the standard settings they are equal to one. In other words, the potential loss is equal to the potential profit. If you ignore these settings, then over time it will lead the trader to a loss.
There are such moments in the market that it is sometimes better to set a take profit equal in size to three stop loss values, sometimes it would be more correct to set a take profit to an equivalent stop loss distance. It is necessary to test these moments, because each currency pair is traded differently and the trader does not yet know how the Rubicon indicator will behave on higher timeframes.
Some professional Forex traders recommend using a trailing stop. Also, do not forget about the existing rules of money management, do not trade against the trend. Given these points, the effectiveness of trading on the Rubicon indicator will definitely increase.
Among the positives:
To negative sides should include:
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Good results during testing were shown by the Rubicon indicator. In particular, this indicator showed more profitable trades than unprofitable ones. And this already says a lot. If you follow all the recommendations for entries, then the Rubicon indicator will be able to significantly increase the initial capital.
This guide will cover the rules for constructing the Rubicon indicator, as well as how to enter the market using its signals. To trade on this one, you need knowledge regarding the principles of building an EMA and pending orders. Even if you are a beginner and you do not yet have such knowledge, this article will help fill this gap.
Traders and programmers daily create new indicators for trading on the Forex market, improve trading methods, write and develop trading plans.
To date, Forex market participants have created thousands of various indicators that increase efficiency. profitable trading. Not every indicator can be considered reliable, but there are some that can be used daily in trading. The Rubicon indicator belongs to such tools. After its appearance on the Internet, it became quite popular, thousands of traders fell in love with it. I like it, first of all, because it has a simple mechanism of work, adaptation to all time periods and trading tactics. More reliably speaking, the Rubicon Forex indicator is a real one, with which you can achieve good results.
As soon as the Rubicon indicator is set, the main indicators will immediately begin to be recalculated at the price of the traded pair, based on the postulates.
In addition, when potential entry points are detected, visual indicators are shown in the terminal, accompanied by sound alerts. This is convenient because it allows you to be aware of when it is profitable to open.
In the Forex Rubicon market, the indicator has its own filters and settings that allow you to optimize it as much as possible for profitable trading.
Figure 1. The Rubicon indicator on the chart.
The Rubicon indicator does an excellent job of predicting the direction of price movement. Built-in alerts in conjunction with this indicator make it possible to conduct full-fledged trading.
You can trade on any currency, because the strategy is universal and shows entry signals, relying on price patterns. Time intervals or also any can be used. You can trade at any time of the day or night on weekdays. In other words, this is a full-fledged universal trading system. Now it is clear why you need to download the Rubicon indicator now, after the training has been completed.
This indicator is a set of three:
The main EMA is red, and the other two moving averages are blue and cyan. In addition, the Rubicon indicator has green horizontal lines in its set. Pending orders should be placed at their levels. There are also rectangles with orange and yellow numeric values. They are necessary for benchmarks for placing stop-loss and take-profit orders.
Figure 2. Parameters of the Rubicon indicator.
As soon as the Rubicon indicator is downloaded and installed in the MT 4.5 terminal, you need to drag it from the Navigator window to . A window with its parameters should open, which will allow you to adjust the work.
Let's take a look at each setting:
To be able to buy, you must the main red line has been crossed by price and fast moving averages. That is, the red line 116 must be broken from the bottom up by the price with consolidation. This should be reported by a sound alert, and an arrow indicator. In addition, a horizontal green line should appear. It is on this green line that a BUY Stop type delay should be set.
Price marks in yellow and orange indicate the levels of placement of take profit and stop loss.
Selling should be considered when the price, together with fast moving averages, will cross the red line of EMA 116 from top to bottom and consolidate. Next, a green horizontal line will appear. At its level, you need to set a pending Sell Stop order, upon reaching which an order will be opened. In addition, orange and yellow rectangles with numbers inside them should appear. These are the price levels at which Take Profit and Stop Loss should be set.
The important point is the setting. Initially, their coefficient is equal to one. That is, the possible loss is equal to the potential profit.. This will sooner or later lead to a negative zone.
In some cases, the take profit level must be set to the stop loss distance multiplied by 3, in others, the number of insignificant take profits covers the possible stop losses with a head. On different pairs and timeframes, trading takes place in different ways, so traders who use the Rubicon indicator in trading I would like to test it well. Those who are more experienced are advised to try to hold positions by moving the stop loss closer to the price. Such measures will increase profits.
When the trade is opened, put the take profit at the stop loss x3 mark. or don't install it at all. As soon as the price reaches a distance equal to the stop loss, we move the stop loss to the entry point. Even if the price does not go in our direction, we will not lose anything, but we will not earn anything either.
Do not forget about the rules of risk management and money management. Then trading on the Rubicon indicator will bring a good profit.
The advantages include:
The disadvantages include:
Rubicon Indicator, in fact, is a whole trading system. It is often difficult for beginners to deal with strategies where you need to follow a lot of indicators, switch to different timeframes, build some levels, etc. The solution called for in such cases is a very simple trading strategy, the heart of which is the Rubicon Indicator. The Rubicon indicator does not have any specific recommendations for choosing currency pairs, so all more or less volatile pairs can be used. In addition, despite the fact that there are relative preferences for choosing a time chart, namely, the strategy of this indicator was optimized mainly for fifteen-minute and thirty-minute intervals, but you can trade absolutely on any time frame ... Since movings are used in the basis and the strategy involves trading in the direction of a going trend, it would be logical to use it on trending pairs. Despite the fact that the indicator does not save history, and you have to look closely at it only in real time, many traders, including professional ones, have been liking it for a very long time.
The Rubicon indicator operates on the basis of three moving averages. The main line is a moving average with a period of 116 (moving - EMA 116). Rubicon gives signals to buy and sell only on the current trend, but the entry is meant to break the level. The indicator draws these take and stop levels, levels for entry and exit...
The main advantage indicator Rubicon 2 is that during the optimal entry, it draws the corresponding arrow, as well as all the necessary stop loss and take profit levels. If you do not change anything in the indicator settings, then the yellow price indicates a take profit, and the orange price indicates the stop loss level.
According to the assurances of the creators, this indicator is based on Price Action (price action). This indicator can be used as a good filter for a trading system. The Rubicon 2 trading system generates signals on bay and sell, showing on the chart the level of stop loss (red), take profit (green), and also shows a green line where you need to place a pending order.
