Forex Simple Center of Gravity “Trend Reversal” Trading System

Simple Center of Gravity “Trend Reversal” Trading System for MetaTrader 4.

The Center of Gravity indicator, also known as the COG indicator, is a graphical tool that helps identify trending market and support resistance levels.

• Time Frame: H1 or higher
• Currency Pairs: GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, and NZDUSD

• Center of Gravity
• Commodity Channel Index

• The price touching the lower  boundary of Center of Gravity indicator (yellow and green line)
• Commodity Channel Index above 50 level

• The price touching the upper boundary of Center of Gravity indicator (yellow and green line)
• Commodity Channel Index below -50 level

• Initial stop loss above or below the previous swing
• Risk reward Ratio 1:2 or 1:3

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