THV3 Ichimoku Kinko Hyo Intraday Trading System – The Ichimoku Cloud is a chart used in technical analysis that shows support and resistance, and momentum and trend directions for a security or investment.
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, M30, H1, and H4
- Currency Pairs: GBPUSD and EURUSD
MetaTrader Trading Indicators
- Ichimoku Kinko Hyo
- Moving Average
- THV3 CandleClock
- THV3 SDX-TzPivots
- THV3 HA
- THV3 Market Hours
- THV3 ATR Pips
- THV3 Coral
- THV3 MMPrice
- THV3 Trix V4.01 Div
- THV3 Trend
- Commodity Channel Index
How to install “THV3 Ichimoku Intraday Trading System“
- Download “TraderVersity.Com-THV3ichimoku” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-THV3ichimoku.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-THV3ichimoku” trading system and strategy
- You will see “THV3 Ichimoku Intraday Trading System” is available on your Chart
BUY Rules
- The price, above Coral only long;
- Price crosses cloud – both Trix indicator cross each other and have the same color.
- Best and most secure trend confirmation is a cross of the fast Trix indicator on the zero level.
- Commodity Channel Index upward and above 50 level
SELL Rules
- The price, below Coral only Short;
- Price Below cloud – both Trix indicator crosses each other and have the same color.
- Best and most secure trend confirmation is a cross of the fast Trix indicator on the zero level.
- Commodity Channel Index downward and below -50 level
Trading Notes
Exit Position:
- Faster Trix changes color and/or touch of a known good resistance/support level.
- Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 – 20 – 50 – -80) or a black cat that crosses your screen
Stop Loss:
- please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.