High accuracy Slope Direction Line Intraday Trend Trading with Support and Resistance. This is an intraday system trend following with price action analysis.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M15, M30 and H1
- Financial Markets: Majors Pairs (EUR/USD, GBP/USD, AUD/USD, NZD/USD, AUD/JPY, USD/CHF, USD/JPY, USD/CAD, and Index (S&P 500, Dow Jones, DAX, FTSE)
MetaTrader Trading Indicators
- DED
- 5 Day BreakOut
- Z ProfitPair
- ATR Projections
- News Cal
- Babon Slope (Slope Direction Line)
- TTL
- CCI Zero
- Market Truth
BUY Rules
- Price closed above the Babon Slope
- The Babon Slope (Slope Direction Line) blue color
- DED aqua color
- TTL blue color bars
- Market Truth indicator Mode BUY
SELL Rules
- Price closed below the Babon Slope
- The Babon Slope (Slope Direction Line) red color
- DED red color
- TTL red color bars
- Market Truth indicator Mode SELL
Trading NOTES
- Trade only in the direction of the trend with the indicator of price action and trend in the same direction
- Exit position at the level support and resistance or predetermined profit target
- Initial stop loss on the previous swing high/low