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THV Cobra with Tudor Girl’s Sinc S[ectrum Cycle Trading System
This strategy will be more effective on a 5 minute chart. You can use this in any pair but GBPUSD is much recommended to this system. Trade only between 3 pm to 10 pm.
Forex Indicators:
- TudorGirl’s Sinc Spectrum Cycle (TGSSC).ex4;
- THV Coral.ex4;
- THV MTF TrixHisto.ex4.
For LONG entry:
- TGSSC must cross zero line.
- Upward (buy), downward (sell);
- THV MTF TrixHisto color. Lime (buy), red (sell);
- PA must cross Ichimoku Cloud.
For SHORT entry:
- TGSSC crossing zero line.
- Upward (buy), downward (sell);
- THV MTF TrixHisto color. Lime (buy), red (sell);
- PA must cross Ichimoku Cloud.
Safety must be observed in this system and below are the rules to observe:
- PA above THV Coral -buy only
- PA below THV Coral -sell only
Don’t open position in the middle of the trend and wait for retracement.
You can make your own rule in exiting your position.
Take profit at 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD.
Set stop loss at 3 pips above or below the cobra
Important reminder: Do not trade 15 or 30 minute after the news.
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