690# Forex King STS 2
Submit by Norman 04/05/2016
Forex King STS 2 is a trend momentum trading system.
Time frame daily (4H maybe ok.dont use other tfs).
Apply this system at the trending market.
Financial market: any
Forex King STS 2 strategy is based on the following indicators
indicator1 EMA 365 (above bulls and below bears as you know).
Indicator2 zigzag to find stop loss (default settings)
indicator3 Forex_King-STS with arrow alert(designed by LukeB)
if price action trend following is above the ema only consider the green buy arrows.
if price action is below the ema only consider the red sell arrows.
stop loss recent high/low of zigzag.(some times use the same ema)
take profit it is up to you.(half of sl,same as sl or1.5x of sl etc.)
Recommended exit with fast predetermined profit target.
This system is very simple.
Not trade with long bars.
In the pictures Forex King STS 2 in action.