FR Trend Line System is a “trend following” strategy based on trend momentum indicators. This is a very effective high accuracy combination of trend filter indicators.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M30, H1, and H4
- Currency Pairs: EURUSD, GBPUSD, and USD JPY
MetaTrader Trading Indicators
- Hiper Fractal
- FR-Trendlines
- FR Trend
- Trix Kids (default setting)
BUY Rules
- FR Trend line blue color
- Price closed above the FR Trend Line
- FR Trend blue color
- Trix Kids blue lines (fast period above slow period)
SELL Rules
- FR Trend line red color
- Price closed below the FR Trend Line
- FR Trend red color
- Trix Kids red lines
Trading NOTES
- Initial stop loss on the previous swing high or low
- Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading strategy