151# THV 3 Trading System

Trading with Trix Indicator THV

Submit by JanusTrader (author THV Team)

 

Time Frame 1, 5min.

Currency Pairs: Majors

 

Long Entry:

Condition, above Coral only long;

Price crosses cloud - both Trix indicator cross each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix indicator on the zero level.

Short Entry:

Condition, below Coral only Short;

Price Below cloud - both Trix indicator cross each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix indicator on the zero level.

 

 

Exit Position:

Faster Trix changes color and/or touch of a known good resistance/support level.

Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - -80) or a black cat that cross your screen

Stop Loss:

please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.

 


This is a Multi timeframe setup, you don’t need to change anything jumping from one TF to the other.
We, the THV team proved it only on 1M and 5M. The 1M TF is only for extreme scalping and needs good FX skills !!!

 

In the pictures THV 3 forex system in action.

THV 3 Cobra Forex
Forex Trading System
THV3.zip
Compressed Archive in ZIP Format 1.5 MB

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