THV 3 Forex Trading System
The THV 3 is a forex trading system that works on a 1-minute or 5-minute timeframe and is suitable in all major pairs. This strategy is based on the THV 3 indicator.
MT4 Indicators:
- THV 3 sdx
- THV 3 HA
- THV 3 market hours
- THV 3 atr pips
- THV 3 coral
Long Entry:
- Condition, above Coral only long;
- Price crosses cloud – both Trix indicator crosses each other and has the same color.
Best and most secure trend confirmation is a cross of the fast Trix indicator on the zero level.
Short Entry:
- Condition, below Coral only Short;
- Price Below cloud – both Trix indicator crosses each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix indicator on the zero level.
Exit Position:
Faster Trix changes color and/or touch of a known good resistance/support level.
Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 – 20 – 50 – -80) or a black cat that cross your screen
Stop Loss:
Please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.
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