260# Trend Strength Forex System

Submit by Joker 13/12/2012

 

Time Frame 4H or daily

Indicators:

Awesome,

Trend Momentum

Trend Strength

 

 

Long Entry Rule

1. The Awesome Oscillator is Blue.

2. The Trend Momentum is Blue.

3. The Trend Strength is Blue and above the 16 level.

Short Entry Rule

1. The Awesome Oscillator is Red.

2. The Trend Momentum is Red.

3. The Trend Strength is Red and above the 16 level.

Exit Strategy

Allow the trade to run until 2 indicators are showing a reverse signal.

Stop loss

Use stop loss around 50-100 pips and do not risk more that 10% of your available balance

Trade Example

 



In the pictures Trend Strength forex system in action.

Use stop loss around 50-100 pips and do not risk more that 10% of your available balance

Trade Example

 

 

 

Short Position

AUD/USD (4H time frame)

In this example, when

- The Awesome Oscillator is Red.

- The Trend Momentum is Red.

- The Trend Strength is Red and above the 16 level.

We entered short position at 0.6735. Here we used stop loss at 50 pips above the entry

point.

The trade went well in our favor direction, when two indicators showed reversal signal

- The Trend Momentum is Blue.

- The Trend Strength is Blue.

We exit out short position and took profit at 0.6535 (200 pips)

 

 

 

Long Position

EUR/USD (4 Hour Time Frame)

In this example, when

- The Awesome Oscillator is Blue.

- The Trend Momentum is Blue.

- The Trend Strength is Blue and above the 16 level.

We entered long position at 1.2365. Here we used stop loss at 50 pips below the entry point.

The trade went well in our favor direction, when two indicators showed reversal signal

- The Trend Momentum is Red.

- The Awesome Oscillator is Red.

We exit out long position and took profit at 1.2375 (370 pips)

 

Tren Momentum Forex Trading system: Template and Indicators

Trend Momentum
Forex Trading System
Trend Momentum.rar
compressed file archive 688 Bytes
Trend Strength
Trading System
Trend Strength.rar
compressed file archive 572 Bytes

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Comments: 1
  • #1

    Yeap Nga Luan (Tuesday, 12 April 2016 02:36)

    Hi, thanks so much for your sharing.

    Is that only suitable to trade H4 and Daily time frame?

    Thanks.