113# Accelerator with Simple Moving Average Channel

Accelerator with SMA Channel: trend momentum forex trading system

 

Submit by Louis 24/10/2013

 

Accelerator with Simple Moving Average Channel is an trend momentum forex trading system based on the SMA Channel and Accelerator indicator.

 

Time Frame 4H

Currency pair:any.

 

Forex Indicators:

Accelerator with Stochastic (9, 3,3,).

Simple moving average channel: (simple moving average 50, close high, simple moving average, close 50 low);

pivot points levels montly.

 

Rules for Accelerator with Simple Moving Average Channel

 

Buy

Price above SMA channel and price above pivot line, R1, R2 or R3.

Awesome oscillator green bars and Stochastic oscillator cross upward.

 

Sell

Price below SMA channel and price below pivot line, R1, R2 or R3.

Awesome oscillator red bars and Stochastic oscillator cross downward.

 

Profit Target: the next level of the pivot points levels montly or profit target 60-80 pips.

Initial Stop loss initial 40-60 pips depends by currency pairs.

 

Note: if profit target is 60-80 pips re-entry when the price retrace on the Sma channel:

re-entry buy: price retraces on the SMA Channel, Stochastich indicator cross upward and Accelerator indicator with green bars.

re-entry sell: price retraces on the SMA Channel, Stochastich indicator cross downward and Accelerator indicator with red bars.

 

The vantage of this system is the good ratio Profit/Loss with good satisfaction.

The disadvantage of this strategy is not for beginners but for experienced traders.

 

In the pictures below Accelerator with Simple Moving Average Channel in action.

Accelerator with Simple Moving Average Channel: Template and Indicator

Accelerator with Simple Moving Average Channel
Accelerator with Simple Moving Average Channel.
Accelerator with SMA Channel: trend momentum forex trading system.
accelerator with simple moving average.r
compressed file archive 2.3 KB

Write a comment

Comments: 0