Trend Strength Forex Trading System
The trend strength is a forex trading system that is based on the trend momentum and trend strength indicators. The method is suitable in a 4-hour or daily timeframe and can be used to any currency pairs.
MT4 Indicators:
- Awesome,
- Trend Momentum
- Trend Strength
Long Entry:
- The Awesome Oscillator is Blue.
- The Trend Momentum is Blue.
- The Trend Strength is Blue and above the 16 level.
Short Entry:
- The Awesome Oscillator is Red.
- The Trend Momentum is Red.
- The Trend Strength is Red and above the 16 level.
Exit Position:
Allow the trade to run until 2 indicators are showing a reverse signal.
Stop loss:
Use stop loss around 50-100 pips and do not risk more that 10% of your available balance.
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