660# Forex Space
Fx Ultratrend and obos cross
Submit by Mark 17/11/2015
Forex Space is a trading system trend-momentum based on WPR/RSI/Stock and trend indicators as (Fx ultratrend and heiken Ashi smoothed). “Enter with the trend when go the momentum.”
Time Frame 15min or higher.
Financial markets: Forex and indicies.
Heiken Ashi Smoothed (Ema gain),
Obos Zone ( WPR/RSI/Stock) RSI 21, Stochastic 14, 3, 3, WPR 55 periods.
Trading Rules Forex Space are very simple.
Trade only in the direction of the trend
Heiken Ashi Smoothed or FX Ultratrend green bar.
RSI and Stochastic crosses upward below 50 level.
Heiken Ashi Smoothed or FX Ultratrend red bar.
RSI and Stochastic crosses downward above 50 level.
Exit position with ratio 1.2 stop loss.
Place initia stop loss on the previous swing.
This is a classic trend-momentum strategy expected profitability 55-60%.
In the pictures Forex Space trading system in action.