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Forex Trend Catching Modified Trading System for 15Min or Higher Time Frame Chart


High accuracy “Forex Trend Catching Modified Trading System” –  This is BBands Stop trend momentum system for 15Min or Higher Time Frame Chart.

  • Time Frame: M15 or higher
  • Currency Pairs; GBPUSD, EURUSD, USDCAD, and USDJPY

 

MetaTrader Trading Indicators
  • BBands Stop
  • Moving Average
  • MACD
  • Commodity Channel Index

 

BUY Rules

Trading NOTES

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  • BBands Stop: Blue line
  • Moving Average: Price above the Moving Average channel
  • MACD: Histogram above 0
  • Commodity Channel Index: Upward and above level 60

 

SELL Rules

  • BBands Stop: Red line
  • Moving Average: Price below the Moving Average channel
  • MACD: Histogram below 0
  • Commodity Channel Index: Downward and below level 40

 

Trading NOTES
  • You should not be taking any trades when all these rules have not been met.
  • The Take profit and Stop loss are at your own discretion. These values depend on the charts on which you are working on. For example on the H1 chart, you should aim at a lower TP ( e.g 60pips) and on the H4, you can aim at a higher TP(e.g 100pips+)

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