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Trend Direction and Strength Finder Trading System


This “Trend Direction and Strength Finder Trading System” is a very simple trend following Forex Strategy based on the three high accuracy MetaTrader “trend and momentum” indicators.

Trading NOTES

DOWNLOAD INDICATOR

The goal of this strategy is to win on the long trend.

  • Time Frame: H1 or higher (Best Time Frame H4 or Daily )
  • Currency Pairs: EURUSD and GBPUSD

 

MetaTrader Trading Indicators
  • Trend Direction Indicator
  • Trend LINE
  • Trend Strength Finder Dominator

 

BUY Rules


  • Trend Direction Indicator below the Trend LINE indicator
  • Trend LINE blue color
  • Trend Strength Finder Dominator blue color

 

SELL Rules

  • Trend Direction Indicator above the Trend LINE indicator
  • Trend LINE red color
  • Trend Strength Finder Dominator blue color

 

Trading NOTES
  • Exit position options:
    • At opposite Arrow
    • Stop loss predetermined examples: Time Frame H4: 500 pips  D1:1200 Pips
    • Initial Stop loss on the previous swing after 300 pips in gain move position at the entry point
    • Risk Reward Ratio 1:2 or 1:3
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM

DOWNLOAD TRADING SYSTEM


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