127# FX TREND Trading System
FX Trend Indicator
Submit by joy22
Time Frame 15 or higher.
FX Trend should be used mainly to confirm the signals of the FX Trend1 and FX Teend2.
Draw Flat area on FX Trend with two orizzontal line at 0,0018 and -0,0018.
Signals are confirmed using the color of the indicator:
· If the FX Trend is green, take only LONG trades. (FXTrend>0.0018)
· If the FX Trend is red, take only SHORT trades. (FX Trend<0.0018)
When appears arrow in oppsosite direction.
Place Stop loss on low or higher of the bars Entry.
Profit Target in a ratio of 3-1 if stop loss is 30 pips the profit target is 30X3=90 pips.
In the pictures FX Trend forex system in action.
Share your opinion, can help everyone to understand the forex strategy.