Forex Trend Following Strategy – This High accuracy “Forex Green Red Signals Trading System and Strategy” can simply allow the trader to focus on higher-probability setups and situations in an effort to win more money than they lose; so that they may be able to net a profit.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: H1 or higher
- Currency Pairs: GBPUSD and EURUSD
MetaTrader Trading Indicators
- Price Channel Stop
- NonLagMA
- Heiken Ashi MA
- Pivot All Levels
- Flat Trend
- JRSX
How to install “Green-Red Signals Trend-Following System“
- Download “TraderVersity.Com-GreenRedTrading” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-GreenRedTrading.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-GreenRedTrading trading system and strategy
- You will see “Green-Red Signals Trend-Following System” is available on your Chart
BUY Rules
- NonLagMA: green line
- Heiken Ashi MA: green arrow and candle
- Pivot All Levels: Price above the blue Pivot line
- Flat Trend: green color
- JRSX: green color and above the 0 level
SELL Rules
- NonLagMA: red line
- Heiken Ashi MA: red arrow and candle
- Pivot All Levels: Price below the blue Pivot line
- Flat Trend: red color
- JRSX: red color and below the 0 level
Trading NOTES
- Trading Pivot Points. Be bearish when the price is below the main pivot point. Be bullish when the price is above the main pivot point.
- Initial stop loss above or below the previous Heiken Ashi candle
- Best Risk Reward Ratio 1:2 or 1:3