275# Trend Explosion Trading System

Submit by Joy22 24/12/2011 (Written Trend Explosion)

 

Trend Explosion System uses three different indicators:

Signal Indicator

Super Trend Indicator

StopLoss Indicator

 

LONG ENTRY RULES

Enter a LONG position when all following conditions are met:

Signal indicator is BLUE and just changes its color from RED to BLUE

Super Trend indicator is BLUE and just changes its color from RED to BLUE.

SHORT ENTRY RULES

Enter a SHORT position when all following conditions are met:

Signal indicator is RED and just changes its color from BLUE to RED,

Super Trend indicator is RED and justchanges its color from BLUE to RED.

STOP LOSS

Use the value suggested by the StopLoss

Indicator

STOP LOSS

The stoploss indicator will display stoploss and takeprofit levels for

different timeframes. As you can see from the screenshot, it shows

you stoploss and takeprofit levels in 8 different timeframes.

The Stoploss and Takeprofit levels displayed at the bottom are for

the current timeframe.

 


EXIT RULES

There are two ways to exit your trade

Use take profit level as suggested by the

StopLoss Indicator

Exit when the system shows a reversal signal

 

In the pictures Trend Explosion forex system in action.

EUR/USD Short Trade Example

In this example, we are going to trade EUR/USD pair. The timeframe used is 4-H.

 

As we can see from the screenshot above, the

Signal indicator turned from BLUE into RED. At

the same time, the Super Trend indicator also

changed its color from BLUE to RED. This was

possibly a very good set up for SHORT entry. So,

on the opening of the next candle, we entered a

SHORT trade at 1.3939. The StopLoss Indicator

showed the suggested stop loss was 50 pips

above the entry point and so we set stoploss at

1.3989.

The trade went down strongly in our favor

direction. When the system generated a reversal

signal, we exited our SHORT position at 1.3728

and got 211 pips in profit.

 

Trend Explosion indicators and template mt4

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2
  • #2

    paul (Monday, 27 February 2017 08:07)

    the super signal different after downloading

  • #1

    Waylan Mason (Saturday, 28 May 2016 02:47)

    Does anybody know or have all these indicators with the .mq4 extention? I can't open ex4 files.

Trend Explosion Indicators
Forex Trading System
TE indicators.rar
compressed file archive 17.0 KB
Trend Explosion Templete
Trading System
TE Template.rar
compressed file archive 1.1 KB

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