312# Instant Trendline forex Strategy

Submit by Joy22  01/03/2012

Time Frame 4H

Currency pairs:any.

Indicators:

Instant trendline filter (default setting)

CC an(default setting: draw two lines at 0.002 and at -0.0020.

Long Entry

Instant Trendline crosses up and and the line Cyan of the CC Breaks orizzontal line 0.0020.

Short Entry

Instant Trendline crosses down and and the line green of the CC breaks orizzontal line 0.0020.

Exit

1)When Instant Trendline change direction;

  2)Trade objective: 1:2 risk-to-reward ratio or better.; Move stop loss to break even at risk-to-reward ratio 1:0.5

3) Aggressive Stop loss 50; Profit Target 45

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