45# Trix 4 Kids Strategy

Submit by Carl

Trix 4 Kids Strategy is a very simple trading system based only on trix indicator. This strategy is suitable only on renko chart. Trix 4 Kids Strategy is for day trading and the signal are generates from the crosses of the trix when the two lines have the same colour.

Renko box size 3-4 pips for day trading, 5 or mor pips for swing.

Trading sessions: London and New York.

Currency pairs majors with low spreads.

Metatrader Indicator:

Trix 4 kids settting:

fast period 20, close.

Slow period 30 close.

This indicatore has also as option to show the divergence, but in this trading system I do not trading with divergence.

Trading rules Trix 4 Kids Strategy

Buy

Fast line and slow line crosses upward and are green.

Initial stop loss at the previous swing low or 10 pips – 12 pips

Sell

Fast line and slow line crosses downward and are green.

Initial stop loss at the previous swing high or 10 pips – 12 pips.

Profit Target

Make profit 8 pips with renko box 3 pips.

Make profit 10 pips with renko box 4 pips.

This simple strategy is suited to the use of the martingale as money management.

In the pictures Trix 4 Kids Strategy in action.

Share your opinion, can help everyone to understand the forex strategy.