419# Golden Trend Slope Trading System
Trading with slope
Submit by Willy 15/03/2014
Golden Trend Slope Trading System is and trend momentum strategy.
Step 1 – Download and install the Metatrader4 (MT4) platform. Yo
Step 2 – Copy gmt.ex4 file to your Metatrader indicators folder
(C:\Program Files\MetaTrader– your broker\experts\indicators).
Step 3 – Open your Metatrader4.
Step 4 - On the Navigator panel of your Metatrader choose Custom
Indicators> gmt, and add it to you chart(s).
Now the gmt Forex should be running. Add also fibo pivot 2 indicator.
In this sforex strategy there are 4 trend indicators and one indicator of momentum (gmt 106).
Metatrader indicators of Golden Trend Slope Trading System :
gmt102 (slope indicator green buy, red sell),
gmt105 (multi time frame filter H1)
gmt106 (momentum filter indicator)
fib pivot 2
Time Frame 15 min or 30 min.
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF.
Gmt indicator (time frame H1).
Trade when all the indicators are in the same direction.
Initial stop loss at the opposite swing after the Stop Loss
We use a 20 pips trailing stop. This means that if price goes into +5 pips profit our stop loss will move 5 pips upwards, so the maximum price can go back before we exit the trade is 20 pips.
Exit also on the fibo pivot 2 level.