The “Vortex Mega Trend Trading System” can be used to identify the start of a trend and subsequently affirm trend direction.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
In this trading system, I have added a filter at the level 1.05 and 0.95 in order to improve the performance of the vortex indicator. In fact, with this filter, the vortex is much improved in forecast of the market.
- Time Frame: M15 or higher
- Financial Markets: Stocks, Indices, Futures, and Forex
MetaTrader Trading Indicators
- Mega Trend
- BUY SELL
- EMA Predictive
- Vortex Indicator
BUY Rules
- Blue line Vortex indicator above 1.05 level
- Mega Trend line blue color
- EMA Predicative (white line) above blue color Mega Trend line
- BUY-SELL indicator blue color
SELL Rules
- Blue line Vortex indicator below 0.95 level
- Mega Trend line red color
- EMA Predicative (white line) below red color Mega Trend line
- BUY-SELL indicator red color
Trading NOTES
- Stop loss 2 pips above or below Dot line (blue and red of BUY-SELL Indicator)
- Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system