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TrendSignal GOLD999B Trading System with Vortex Indicator


TrendSignal GOLD999B Trading System is a “trend following” strategy.  The “TrendSignal” is an arrow indicator that it calculates a number of bars on charts and then based on histogram it draws an arrow which is again confirmed when next opening bar price its high in case of BUY arrow or low in case of SELL signal, when both these conditions are satisfied it draws an arrow.

Trading NOTES

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  • Time Frame: H1 or higher
  • Currency Pairs: Majors Pairs

 

MetaTrader Trading Indicators
  • Trendsignal
  • Vortex Indicator
  • GOLD999B

 

BUY Rules


  • Trendsignal BUY arrow
  • Vortex indicator black line > level 1.05
  • Price Break through the GOLD99B “resistance” line

 

SELL Rules

  • Trendsignal SELL arrow
  • Vortex indicator black line < level 0.95
  • Price Break through the GOLD99B “support” line

 

Trading NOTES
  • Exit position with fast profit or ratio stop loss 1:1
    • Examples: EUR/USD 4H time frame 30 pips, GBP/USD 40 pips, AUD/USD 30 pips, USD/CHF 30 pips
  • Initial stop loss on the previous high/low swing
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