444# Support and Resistance with the Trend

LSMA Indicator Trading System

Submit by Leon 26/04/2013

 

Time Frame H1 or 30 min.

Currency pairs:any.

 

Indicators:

Pivot Intraday,

LSMA in color (setting period 50),

Arrow,

Support and Resistance indicator.

This is a trend following system with signals based on trend (LSMA Indicator) and lines of the support and resistance.

 

Long Entry:

Blue Arrow,

BlueLSMA Indicator (50 period),

 

Short Entry

Red Arrow,

Red LSMA Indicator (50 period),

 

Exit Position:

At opposite arrow, Target Pivot Intraday or 4 pips before Pivot intraday levels,

Profit Target 20 pips-25 pips depends by currency pairs.

Stop Loss for buy blue dots, for sell red dots.

 


In the pictures Support and Resistance with the Trend forex system in action.

Support and Resistance with the Trend
Support and Resistance with the Trend
Support and Resistance with the Trend
Support and Resistance with the Trend
Support and Resistance with the trend
Suppor and Resistance with the trend:Metatrader Indicators and Template
Suppor and Resistance with the trend.rar
compressed file archive 11.7 KB

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LSMA Forex Strategies