232# RP Trading System

Submit by Joker

 

Time Frame 4H or daily

Currency Pairs:all.

System 2 uses 4 different indicators

1.FXI.

2. Market Strength

3. Market Direction

4. ATR(21)

ENTRY RULES

BUY RULES

Open a LONG position when all these conditions are satisfied

- Arrow UP

- Market Strength Indicator is BLUE

- Market Direction shows both UP arrows (BLUE color)

SELL RULES

Open a SHORT position when all these conditions are satisfied

- Arrow down

- Market Strength Indicator is RED

- Market Direction shows both DOWN arrows (RED color)

Stop loss

The stoploss value will be derived from the ATR(21) indicator. Stoploss = 0.85 x ATR


Exit

There are two ways to exit your trade

- Use take profit level equals or 2 times of stoploss level.

- Exit when there are MStrength or MDirection indicators showing a reversal signal

In the pictures RP forex system in action.


RP Trading System. Template and Indicators

RP
Forex Trading System
RP.rar
compressed file archive 19.1 KB

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