Center Of Gravity Forex Trading System

0
1064

Center Of Gravity Forex Trading System

The center of gravity is a forex trading system that uses the Center of Gravity (COG) indicator to determine price overbought or oversold status. This works best on a 1-hour timeframe or higher. This method is suitable to all currency pairs.

MT4 Indicators:

  • CoG
  • MA cross OC

Long Entry:

  1. When the price has moved below the BOTTOM GREEN line of the Center of Gravity indicator.
  2. The bar has closed and the arrow blue of MA OC must appear.

Short Entry:

  1. Wait for the price to move above the TOP GREEN line of the Center of Gravity indicator.
  2. The bar has closed and the red arrow of MA OC to appear.

Stop Loss:

  • Fixed stop loss or a trailing stop.
  • You can also move the stops manually each and every time a new support or resistance level develops.

Profit Target:

  • Fixed take profit level, you can calculate this based on the risk:reward ratio based on your stop loss level.

Recommended MT4 Broker

  • Free $50 To Start Trading Instantly! (Withdrawable Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

Recommended broker

>> Claim Your $50 Bonus Here <<

Click here below to download:

Save

Save



Get Download Access

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.

LEAVE A REPLY

Please enter your comment!
Please enter your name here