840# FX 3 Xard777 2021
Trend Following Strategy
Day Trading Following The Trend
Submit by Joy22 , author Xard777
Description
FX 3 Xard777 2021 is the latest trading system of Xard777, as always the Xard templates are very scenographic and flashy so as to create a welcoming environment for the trader. The trading system is trend following you enter a position when all indicators agree. A feature of the system is that the background changes color as the trend of the bullish or bearish price changes. The main feature is the moving averages that change color in relation to the trend, so the first condition of the system is that the slow and fast moving averages must have the same color. The system also highlights the Math Murrey levels. Also, at the top right there is a dashboard peak that highlights the price, the remaining time of the candle, the ADR. In the window below the chart there is a custom Bollinger Band indicator, which can be used as a filter.
Setup Strategy
Time Frame 15, 30, 60 minutes.
Currency pairs; majors, minor, Indices, Gold and Oil.
Sessions: All.
Metatradrer 4 Indicators
FX 3, ADR Button, Mmath, Open line, Trade Balance, Border, Sempor, Dot 2, Arrow2, ZZ1 Button, ZZ2 Button, Clock, Panel. Bollinger Bands Hist.,V2-VQ.
Trend following interpretation of the trading system, trading orientation.
Trading in trend direction, all indicators must agree.
Buy
The moving averages must be the same blue color.
In the window below the V2-VQ aqua color graph.
If you are setting up a buy signal on a red background if you are running a fast
target is recommended.
Sell
The moving averages must be the same yellow color.
In the window below the V2-VQ red color graph.
If you configure a sell signal on a blue background if you execute a fast target
is recommended.
Exit position
Place initial stop loss below / above the previous swing high / low.
Make profit when the slow Moving average changes direction orplace profit target at the levels of support and resistance or Murrey Math levels.
In conclusion this is a winning trend following strategy if it is used respecting the rules that makes the trader always stay on the side of the market, moreover it is simple to follow, therefore also suitable for beginners.
Examples of trades
Telegram channel: https://t.me/freeforexresources
FX 4 Xard777 2021
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