Rubicon indicator appeared quite recently and very quickly gained popularity among many traders. And all because this one and based on it show very good results in Forex trading.
Your name Rubicon indicator received because of the analogy with the well-known expression "to cross the Rubicon", which means to risk everything for the sake of achieving a great goal, to make some kind of irrevocable decision. In turn, this expression is rooted in the distant past, when Julius Caesar made a difficult decision for himself to cross the Rubicon River on the Apennine Peninsula with his army, risking completely losing power in case of failure in the war.
Rubicon indicator it is not difficult to analyze signals for entering the market, since it displays these very signals on the chart with arrows, so beloved by many novice traders. In addition, you will not see a large number of additional indicators and various filters on the chart, which makes it very easy to use even for beginners.
The Rubicon indicator is universal and can be used on any timeframes and currency pairs. Indicator arrows are not redrawn. But there is one minor drawback - you will not be able to test it on history, since its previous arrows disappear after the price crosses the red EMA116 moving average. This is done in order not to distract the trader from the actual signals in real time.
Copy folders MQL4 and templates from the archive Rubicon-Indicator.rar(you can download) to a folder Your_ Metatrader4 / File / Open data directory. Restart your terminal. Now install the indicator on your currency pair chart using the template − right click/Template/Load Template/Rubicon_Indicator_temp and you will see a similar picture, as in the figure below (the image is clickable):
As you can see in the picture above, the Rubicon indicator plots a moving average on the chart. EMA116 red and fast moving averages blue and light blue, green lines - levels for placing pending orders, and the numbers in the rectangles - recommended levels for Stop Loss and Take Profit.
As soon as the price and fast moving averages cross the red moving average EMA116, we are preparing for a possible entry into the market. If the price is above EMA116, we consider only purchases, if it is lower, only sales.
When a horizontal green line appears, place a pending order ( buy stop or Sell Stop) at its level. When the price breaks the green line and an order is opened, an arrow and numbers in rectangles will appear.
We expose stop loss by indicator, and take profit three times the stop loss. Yes, when placing take profit, we do not listen to the recommendations of the indicator, since the ratio of 1:1 (approximately such a ratio is given by the indicator) is small and does not make it possible to compensate for the loss in case of failure. And here, Take Profit equal to three Stop Loss will allow our profit to grow. But such Take Profit should be set for the first four orders after the price passes through EMA116. For the following signals after the 4th Take Profit = Stop Loss.
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 application
· 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, 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 the trading position is opened.
See Fig. 3. in the application
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 potential for price movement. 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.
Advantages 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.
Indicator name - Leprecon (Rubicon);
Author-developer - unknown;
Year of appearance - 2011
The Leprecon indicator (Rubicon) is a trend indicator, designed for trading on all Forex trading platforms and performs especially well in the presence of a pronounced trend. If the market is flat, it has a tendency to false entry signals and requires additional filtering. It is set in a standard way on the price chart of any trading instrument. It can be used on any timeframes without restrictions. Working timeframes recommended by the author are from M5 to daily.
The main variable functionality is shown in Figure 2 and is available to the trader to change the visual part of the settings. Working variables, on the basis of which the indicator parameters are calculated, have been closed for a long time. This indicator has a predecessor - version 1, which lacks sound alerts and alerts, but the principle of operation is identical in both versions.
Leprecon indicator (Rubicon) is built on the basis of moving averages, Gann lines and a smoothed Zigzag. It is obvious that the ATP values, Pivot levels and Fibonacci grid elements are present in the calculations. Moving averages — ЕМА with a period of 116 (red line), ЕМА with a period of 11 (blue line), SMA with a period of 2 and a shift of 5 (blue line).
Thus, this indicator contains the characteristics of a full-fledged trading system and can be considered by a trader as an opportunity to trade based on one indicator.
Signals of the Leprecon (Rubicon) indicator for opening sell positions are mirrored.
a) arrows and green lines-levels are not redrawn;
b) the main trend indicator is the red line. When the price crosses it, the previous levels and arrows are removed automatically.
The Leprecon indicator (Rubicon) is a quality product. May be part of the system. Local conflicts with individual dynamic indicators are noticed.
You can download the Leprecon (Rubicon) indicator from the link below.
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, it was loved by thousands of traders. 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, since 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. You need to test these moments, because each currency pair trades differently and how the Rubicon indicator will behave on higher timeframes, the trader does not yet know.
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 aspects should include:
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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.
