663# Forex Distance Trading
Submit By MarK 23/11/2015
Forex Distance is a trading system based on two envelopes. This system is simple.
Time frame 15min or higher.
Line Ask Bid,
Forex Distance ( half length 35, 0, 0, deviation 0.35),
Forex Distance ( half length 35, 0, 0, deviation 0.15).
Forex Trade (period 9 , factor 1 0,33- factor 2 0,66),
Trading rules Forex Distance Trading
When the price broken the lower band wait that the green line of the forex trade indicator is above the blue line.
Heiken ashi White bar is optional.
When the price broken the upper band wait that the green line of the forex trade indicator is below the blue line.
Exit position is discrtetionary bu is recommend ratio 1.2 stop loss.
Place initial stop loss on the previous swing High/Low.
Heiken ashi red bar is optional.
In the pictures Forex Distance Trading in action.