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XCandles H4 Trend Momentum Trading System


The high accuracy “XCandles H4 Trend Momentum Trading System” is a template is very simple and my favorite trading solution.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frames: H4
  • Financial Markets: Commodities, Forex, and Indices

 

MetaTrader Trading Indicators
  • X Candles
  • XMA v.2
  • RSIOMA

 

BUY Rules


  • X Candles green color
  • XMA BUY
  • RSIOMA bullish
    • aqua line > yellow line
    • the aqua line above 50

 

SELL Rules

  • X Candles maroon color
  • XMA SELL
  • RSIOMA bearish
    • aqua line < yellow line
    • the aqua line below 50

 

Trading NOTES
  • Only trades BUY trades when the trend line is blue and place stops at the previous day’s low
  • Only trades SELL trades when the trend line is yellow and place stops at the previous day’s high
  • 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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