Simple Price Action Trading with “Forex CMS XARD TrendLine Price Action System” – Price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: H1 or higher
- Currency Pairs: EURUSD, GBPUSD, AUDUSD, USDCAD, and USDJPY
MetaTrader Trading Indicators
- XARD TrenLine
- CMS Trend
How to install “CMS XARD TrendLine Price Action System“
- Download “TraderVersity.Com-CMSXARD” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-CMSXARD.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-CMSXARD” trading system and strategy
- You will see “CMS XARD TrendLine Price Action System” is available on your Chart
BUY Rules
- CMS Trend > XARD TrenLine
- The last candle was a Perfect Bullish “Price Action” candle
SELL Rules
- CMS Trend < XARD TrenLine
- The last candle was a Perfect Bearish “Price Action” candle
Trading NOTES
- This Forex System is based on the trendline indicator
- Place the initial stop loss above or below the previous candle
- Risk Reward Ratio 1:2 or 1:3