121# The Red Sniper Trading System
Submit by ForexStratategiesResources
Time Frame 4H and Daily
Indicators:
HMA34
LSMA in color (34)
Direction
Simple and Effective
Long Entry
Direction Buy arrow confirmed by green HMA and LSMA
Short Entry
Direction Sell arrow confirmed by red HMA and LSMA
If LSMA is yellow wait to close to two bars, if it is agree with HMA go enter, it does not agree is flat.
Exit position
When direction reverse signal.
Place the stop loss the previous swing.
Target Profit is recommended with Projection Fibonacci Level (optional)
In the pictures the Red Spiner forex system in action.
The Red Sniper Trading System: Template and Indicators MT4
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