251# Forex Trend System V.1

Submit by Joker

 

We enter long when all 3 lines turn blue and the Long/Short indicator bars are also blue. We enter short when all 3 lines turn red and the Long/Short indicator is also red. The blue arrows are all valid trades because of the rules outlined in (8.)(a.) below, the red arrows represent an invalid trade for the same reason.

We ONLY enter a trade short when ALL THREE trigger lines on 

the chart change colour from white to red and the Long/Short indicator bars are also red. We ONLY enter a trade long when ALL THREE trigger lines on the chart change colour from white to blue and the Long/Short indicator bars are also blue. It is best to enter a long trade when the

 

blue bars are short, and a short trade when the red bars are tall, however, this does not invalidate the trade if all other entry conditions are met, it just means that the trade may not be as profitable. Enter with three lots – placing a stop loss in line with the most recent blue dot in a longtrade and in line with the most recent red dot in a short trade (using the rules for money management).

Exit one lot if any of the trigger lines change to white (or your trailing stop is hit), exit another lot when one more of the trigger lines change to white. It will sometimes happen that one trigger line

changes colour and then changes back while the others don’t. This is a warning and change is usually imminent. If the line changes back to the same colour of the original trade, you can reenter and buy back that lot if ALL other entry conditions are met. If the Long/Short indicator changes colour during a trade, don’t worry, we only use it for entry. Please note that trading this way we DO NOT enter if the trigger lines

 

have been red or blue for a few bars and then the Long/Short indicator turns the same colour. We need the Long/Short indicator to be red or blue first

before the trigger lines change colour for a valid entry condition to be met. This is the safest way to trade the system.

 


In the pictures Forex Trend System V.1 forex system in action.

Forex Trend System Guide PDF

Forex Trend System Guide
FTS_Setup_Guide111.pdf
Adobe Acrobat Document 127.9 KB

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