Triangle coordinates for 2019.11.05 00:41:37
If your trading platform is MQL4 Use these coordinates with our free indicator to draw the fan
Date1=2019.11.04 00:00:00 Price1=1.11650
Date2=2019.11.04 23:30:00 Price2=1.11502
Date3=2019.11.04 23:30:00 Price3=1.11246
If your trading platform is not MQL4 Use these Trendlines coordinates to draw the fan
Coordinates of Trendline 1 Point A (DateA=2019.11.04 00:00:00 PriceA=1.11650
Coordinates of Trendline 1 Point B (DateB=2019.11.04 23:30:00 PriceB=1.11246
Coordinates of Trendline 2 Point A (DateA=2019.11.04 00:00:00 PriceA=1.11650
Coordinates of Trendline 2 Point B (DateB=2019.11.04 23:30:00 PriceB=1.11310
Coordinates of Trendline 3 Point A (DateA=2019.11.04 00:00:00 PriceA=1.11650
Coordinates of Trendline 3 Point B (DateB=2019.11.04 23:30:00 PriceB=1.11374
Coordinates of Trendline 4 Point A (DateA=2019.11.04 00:00:00 PriceA=1.11650
Coordinates of Trendline 4 Point B (DateB=2019.11.04 23:30:00 PriceB=1.11438
Coordinates of Trendline 5 Point A (DateA=2019.11.04 00:00:00 PriceA=1.11650
Coordinates of Trendline 5 Point B (DateB=2019.11.04 23:30:00 PriceB=1.11502
How to use the Bermuda Triangle
Basically you just wait to see the 20 and 50 EMA crossing over or
getting too close to each other while price getting out of the fan
This strategy can be used for long range trading
Set the time frame to M30 Draw the trend lines
1 Set your 20 and 50 EMA and wait for price to exit the fan
2 From the upper side with 20 and 50 EMA crossing or fanning it is a buy
3 From the lower side with 20 and 50 EMA crossing or fanning it is a sell
4 Do not trade when price inside the fan
