186# Power Trading System

Strategy for trading in Forex and Binary

Pure trend following retracement trading

Submit by Joy22

Power Trading system is a trend following strategy that find retracement of the price. Power trading system is suitable for forex trading (Scalping, day and swing trading and trading with Binary Options high/low.). The strategy is verry simple ad it's based only on two indicators Super trend and Instant fx but there are also the support and resistance level.

 

Binary options expiry time 2-3 candles.

Time frame 5 min or higher

Currency pairs:Major, Minor, Gold, Oil and Indices.

Metarader 4 Indicators

Supertrend (10 , 2.5)

Trading Rules Power Trading System

Apply this template to trending currency pairs for best results.

to find trending currencies use currency strength

Trades only in the direction of the trend. The trend is defined by the direction of the Supertrend.

Buy or Call

Supertrend below the candle.

Instant FX buy arrow.

Sell or put

Supertrend above the candle.

Instant FX sell arrow.

Exit position

Place stop loss few pips below/above the signal candle (with arrow).

Profit Target options: predetermined profit target minimum ratio 1:1 stop loss; at levels of support or resistance; close position at opposite arrow or when supertrend changes direction.

This is a winning strategy. Happy trading!!!

 

In the pictures Power Trading System in action.

Power Trading System
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Power Trading System.rar
compressed file archive 69.6 KB

Share your opinion.

Comments: 3
  • #3

    Anthony (Friday, 13 August 2021 21:25)

    Arrow does repaint.

  • #2

    joy22 (Thursday, 02 April 2020 12:53)

    No

  • #1

    Vahid (Tuesday, 31 March 2020 21:33)

    İs arrow repaintting?

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