404# Viper Trading System
Submit by Janus Trader 06/10/2012
Time Frame: tf 30 min or higher;
Moving Average LWMA (20, open, ( setup 30 min and 60 min TF levels 65,-65 89,-89, ,setup 4h= ma 15 open, levels 150, -150, 360, -360 ; );
Moving Average LWMA (60, open);
CCI Woodies LNX (65, 3, 25,60, 0);
PJ over RSI (28, 70, 30).
the price close above upper band of the channel;
CCI LNX,PJ-Over RSI and Trend Indicators are green;
Buy When the price retrace into the channel.
Sell When the price retrace into the channel.
Stop loss at the previous swing
Profit Target predetermined, depends by time frame and currency, or ratio 1:1,5 stop loss (example if stop loss is 30 pips pt=45 pips)
In the pictures Viper forex system in action.
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