High accuracy “Easy-Forex” Trend Following Price Action System – Easy-Forex System is a trading system trend following price action based on Easy-Forex-System indicator, Gold vein, Carmen Eyes and Repaint True indicator (similar at the Fisher indicator).
- Time Frame: M15, M30, H1
- Currency Pairs: Majors Pairs
- Repaint True
- smFisher Transform
- Price above Carmen Eyes (blue line)
- Fisher joker blue bars
- SM Fisher Transform blue bars
- Gold Vein indicator blue bars
If these conditions are agree BUY at opening of the next bar.
- Price below Carmen Eyes (yellow line)
- Fisher joker red bars
- SM Fisher Transform red bars
- Gold Vein indicator red bars
If these conditions are agree SELL at opening of the next bar.
- Exit position when joker repaint indicator (21 period change direction)
- Place initial stop loss for BUY 5 pips below yellow line, for SELL 5 pips above blue line
Tips: Find the currency pair in trending.
Trade only in the direction of the trend if the price is above Carmen Eyes only BUY, if the price is below the Carmen Eyes only SELL.