227# Withe Tiger Trading System

Submit by Joker

 

Time Frame 4H and daily.

Currency pairs: all.

 

Indicators:

1. SFCS5 Indicator

2. SFCC5 Indicator

ENTRY RULES

BUY RULES

Open a LONG position when all these conditions are satisfied

SFCS5 Indicator turns color from RED to GREEN and confirmed SFCC5 indicator (in Green color as well)

SELL RULES

Open a SHORT position when all these conditions are satisfied SFCS5 Indicator turns color from GREEN to RED and confirmed SFCC5 indicator (in RED color as well)


Stop loss

The suggested stoploss value for daily timeframe is around 100-120 pips and 50-70 pips of used on 4-H timeframe

Exit

There are two ways to exit your trade

- Use takeprofit level equals or 2 times of stoploss level.

- Exit when two indicators showing a reversal signal


In the pictures Withe Tiger forex system in action.

As we can see from the screenshot above, SFCS5 indicator changed its color from GREEN to RED and

SFCC5 was also in RED color. So we have all the conditions for LONG entry satisfied. On the opening of

the next candle, we opened a SHORT trade at 1.4435. We used stoploss at 100 pips above the entry

point. The trade went up strongly in our favor direction and when both indicators showed a reversal

signal, we exited our trade at 1.3963. So the total profit was 472 pips

 

 

As we can see from the screenshot above, SFCS5 indicator changed its color from RED to GREEN and SFCC5 was also in GREEN color. So we have all the conditions for LONG entry satisfied. On the opening of the next candle, we opened a LONG trade at 1.2679. We used stoploss at 110 pips below the entry point. The takeprofit level was set at stoploss x 2 = 220 pips

The trade went up strongly in our favor direction and hit the profit target. So, the trades was closed

with 220 pips profit

 

 

Withe Tiger System Forex Trading System

Withe Tiger System
Forex Trading System
Withe tiger System.rar
compressed file archive 433.8 KB

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Comments: 1
  • #1

    aimade (Monday, 02 November 2015 00:11)

    Very good trading system. Thanks for sharing it.