Trend Forex Trading System
The trend is a forex trading strategy that is based on fx trend indicators. This is suitable in a 15-minute timeframe or higher and works in all currency pairs.
MT4 Indicators:
- Fx Trend
- Fx Trend1
Entry:
FX Trend should be used mainly to confirm the signals of the FX Trend1 and FX Teend2.
Draw the Flat area on FX Trend with two horizontal line at 0,0018 and -0,0018.
Signals are confirmed using the color of the indicator:
- If the FX Trend is green, take only LONG trades. (FXTrend>0.0018)
- If the FX Trend is red, take only SHORT trades. (FX Trend<0.0018)
Exit Position:
- When appears arrow in opposite direction.
- Place Stop loss on low or higher of the bars.
- Profit Target in a ratio of 3-1 if stop loss is 30 pips the profit target is 30X3=90 pips.
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