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Forex Simple Center of Gravity “Trend Reversal” Trading System


Simple Center of Gravity “Trend Reversal” Trading System for MetaTrader 4.

The Center of Gravity indicator, also known as the COG indicator, is a graphical tool that helps identify trending market and support resistance levels.

  • Time Frame: H1 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, and NZDUSD

 

MetaTrader Trading Indicators
  • Center of Gravity
  • Commodity Channel Index

 

BUY Rules

Trading NOTES

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  • The price touching the lower  boundary of Center of Gravity indicator (yellow and green line)
  • Commodity Channel Index above 50 level

 

SELL Rules

  • The price touching the upper boundary of Center of Gravity indicator (yellow and green line)
  • Commodity Channel Index below -50 level

 

Trading NOTES
  • Initial stop loss above or below the previous swing
  • Risk reward Ratio 1:2 or 1:3

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READ  Forex GREEN-RED Signals Trend-Following Strategy

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