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FR Trend Line Trading Strategy


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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  • 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

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