296# T3 Snake Trading System
Submit by Paul B. 09/02/2012
This system relies on crossing “T3-clean” and “snake” (a type of moving averages with different basic calculation) with each period is 13 (lucky number …;- p). Where this indicator if both types of cross then at that point in getting trading signal. To facilitate and ensure you do not miss this important moment then add an indicator unicross that will display in case of crossing Arrow Up and Arrow Down to the top if there is crossing down.
1. Green Arrow Appears.
2. Wait for the candle to closed
3. Enter Buy order on the next bar.
4. Close Metatrader4, you can resume other everyday activities as you like. Check price every 4 hours, just observe the price movement ….don’t touch your trade … profit or floating loss … let alone provided it does not appear Arrow Down.
At the time of profit, do lock profits or trailing profit at whatever level you like …. at the end, let your profits run …
5. If it appears Arrow Down and valid until the candle is closed. Close Buy your position on the next candle opening.
1. Appears Arrow Down
2. Wait until the candle closed
3. Entry Sell on the next candle.
4. Close Metatrader, you can resume other activities that you like.
Check every 4 hours once, just observe the price movement …. no touch your trade … profit or floating loss … let alone provided it does not appear Arrow Up. At the time of profit, do lock profits or trailing profit at whatever level you like …. at the end, let your profits run …
5. If it appears Arrow Up and valid until the candle is closed. Close Sell your position on the next candle opening.
In the pictures T3 Snake forex system in action.
Trust in the system … there may be times when your trading experience loss, as long as you follow the system, then the risk and reward are still very good.
there is always an easy road … so keep it simple
Share your opinion, can help everyone to understand the forex strategy.