Forex Linear Weighted Moving Average (LWMA) Trading System – MA Trading with Bollinger Bands Stop BAR and Oscillator indicators.
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: 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
How to install “Linear Weighted Moving Average (LWMA) System“
- Download “TraderVersity.Com-LWMATradingSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-LWMATradingSystem.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-LWMATradingSystem” trading system and strategy
- You will see “Linear Weighted Moving Average (LWMA) System” is available on your Chart
BUY Rules
- 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