Forex Swing Trading “Daily Time Frame Trading with FantailVMA System” – A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: D1
- Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, EURJPY, AUDUSD, NZDUSD, and USDCAD
MetaTrader Trading Indicators
- Fantail VMA
- MACD
- RSI
BUY Rules
- Fantail VMA: Bullish formation
- MACD Histogram: Above the MA line
- RSI: Above the level 55 line
SELL Rules
- Fantail VMA: Bearish formation
- MACD Histogram: Below the MA line
- RSI: Below the level 45 line