104# Center of Gravity Trading System
Submit by joy22
The system uses the Center of Gravity (COG) indicator to determine price overbought or oversold status.
Time Frame Hi1 or Higher
MA cross oc
When the price has moved below the BOTTOM GREEN line of the Center of Gravity indicator and the bar has CLOSED, you should become alert and wait arrow blue of MA OC.
Wait for the price to move above the TOP GREEN line of the Center of Gravity indicator and the bar to CLOSE. After this happens, you need to wait arrow red of MA OC
You can use a fixed stoploss or a trailing stop, You can also move the stops manually each and every time a new support or resistance level develops.
For the Takeprofit, you can use a fixed Takeprofit level, you can calculate this based on the risk:reward ratio based on your stoploss level
You can keep it 1:2... for example, if you are using a stoploss of 25, you can put a takeprofit of 50. You can also use no takeprofit levels at all and let the trades run closing them when you have an opposite trade signal, this will bring you some more pips. You can use for Profit Target the middle band of Center of Gravity.
In the pictures Center of Gravity forex system in action.
COG Centre Of Gravity Trading System
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