419# Golden Trend Slope Trading System

Trading with slope

 

Submit by Willy 15/03/2014

 

 

Golden Trend Slope Trading System is and trend momentum strategy.

Installation

Step 1 – Download and install the Metatrader4 (MT4) platform. Yo

Step 2 – Copy gmt.ex4 file to your Metatrader indicators folder

(C:\Program Files\MetaTrader– your broker\experts\indicators).

Step 3 – Open your Metatrader4.

Step 4 - On the Navigator panel of your Metatrader choose Custom

Indicators> gmt, and add it to you chart(s).

Now the gmt Forex should be running. Add also fibo pivot 2 indicator.

 

In this sforex strategy there are 4 trend indicators and one indicator of momentum (gmt 106).

Metatrader indicators of Golden Trend Slope Trading System :

gmt102 (slope indicator green buy, red sell),

gmt103

gmt104

gmt105 (multi time frame filter H1)

gmt106 (momentum filter indicator)

fib pivot 2

 

Time Frame 15 min or 30 min.

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF.

 

Gmt indicator (time frame H1).

 

Trade when all the indicators are in the same direction.

 

Exit options

Initial stop loss at the opposite swing after the Stop Loss

We use a 20 pips trailing stop. This means that if price goes into +5 pips profit our stop loss will move 5 pips upwards, so the maximum price can go back before we exit the trade is 20 pips.

Exit also on the fibo pivot 2 level.

Golden Trend Slope Trading System
Golden Trend Slope Trading System

 

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

 

Comments: 0
Golden Trend Slope Trading System
golden Trend Slope.rar
compressed file archive 38.7 KB