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Forex Linear Weighted Moving Average (LWMA) Trading System


Forex Linear Weighted Moving Average (LWMA) Trading System – MA Trading with Bollinger Bands Stop BAR and Oscillator indicators.

  • Time Frame: M15 or higher (best time frame 4H)
  • Currency Pairs: GBPUSD and EURUSD

 

MetaTrader Trading Indicators
  • Linear Weighted Moving Average (LWMA)
  • EMA Crossover Signal
  • BBands Stop BAR
  • RSI div
  • Stochastic Oscillator

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • Linear Weighted Moving Average (LWMA) bullish
    • 5LWMA > 10LWMA > 50LWMA > 85LWMA
  • EMA Crossover Signal blue color (arrow)
  • BBands Stop BAR blue color
  • RSI divergence lime color histogram
  • Stochastic Oscillator bullish

 

SELL Rules

  • Linear Weighted Moving Average (LWMA) bearish
    • 5LWMA < 10LWMA < 50LWMA < 85LWMA
  • EMA Crossover Signal red color (arrow)
  • BBands Stop BAR red color
  • RSI divergence magenta color histogram
  • Stochastic Oscillator bearish

 

Trading NOTES
  • Exit position when it appears opposite the arrow or 400-500 pips profit (5 digits broker)
  • Initial stop loss on the previous swing

DOWNLOAD TRADING SYSTEM


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