275# Trend Explosion Trading System
Submit by Joy22 24/12/2011 (Written Trend Explosion)
Trend Explosion System uses three different indicators:
Super Trend Indicator
LONG ENTRY RULES
Enter a LONG position when all following conditions are met:
Signal indicator is BLUE and just changes its color from RED to BLUE
Super Trend indicator is BLUE and just changes its color from RED to BLUE.
SHORT ENTRY RULES
Enter a SHORT position when all following conditions are met:
Signal indicator is RED and just changes its color from BLUE to RED,
Super Trend indicator is RED and justchanges its color from BLUE to RED.
Use the value suggested by the StopLoss
The stoploss indicator will display stoploss and takeprofit levels for
different timeframes. As you can see from the screenshot, it shows
you stoploss and takeprofit levels in 8 different timeframes.
The Stoploss and Takeprofit levels displayed at the bottom are for
the current timeframe.
There are two ways to exit your trade
Use take profit level as suggested by the
Exit when the system shows a reversal signal
In the pictures Trend Explosion forex system in action.
EUR/USD Short Trade Example
In this example, we are going to trade EUR/USD pair. The timeframe used is 4-H.
As we can see from the screenshot above, the
Signal indicator turned from BLUE into RED. At
the same time, the Super Trend indicator also
changed its color from BLUE to RED. This was
possibly a very good set up for SHORT entry. So,
on the opening of the next candle, we entered a
SHORT trade at 1.3939. The StopLoss Indicator
showed the suggested stop loss was 50 pips
above the entry point and so we set stoploss at
The trade went down strongly in our favor
direction. When the system generated a reversal
signal, we exited our SHORT position at 1.3728
and got 211 pips in profit.
Trend Explosion indicators and template mt4
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