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Withe Tiger Forex Trading System
The withe tiger is a forex trading strategy that uses a 4-hours and daily timeframe and works best in all currency pairs. This method is based on SFCS5 indicators.
MT4 Indicators:
- SFCS5 Indicator
- SFCC5 Indicator
BUY RULES:
- SFCS5 Indicator turns color from RED to GREEN and confirmed SFCC5 indicator (in Green color as well)
SELL RULES:
- Open a SHORT position when all these conditions are satisfied SFCS5 Indicator turns color from GREEN to RED and confirmed SFCC5 indicator (in RED color as well)
Stop loss:
The suggested stop loss value for daily timeframe is around 100-120 pips and 50-70 pips of used on 4-H timeframe
Exit Position:
- There are two ways to exit your trade
- Use take profit level equals or 2 times of stop loss level.
- Exit when two indicators showing a reversal signal
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