611# FX Max with XO strategy

FX Max with XO strategy It' a very simple strategy for slow day trading. This strategy generates few signals based on XO indicator filtered by FX Max a slow trend indicator. The main purpose of this strategy is to have an efficient system based on a few clear signals. The system applies to currencies that are in trend at the time frame of 4H, so look for currencies in trend.

You can apply this template a more charts in the same time .

You can apply this template a more charts in the same time .

Time Frame 15 min.

Currency pairs: Majors, Minors and Indices.

Metatrader Indicators

Pivot points levels.

FX MAX (slow trend following indicator).

XO MTF alerts 30 min setting.

Precision trend (optional filter)With this filter the system generates few signals.

Trading rules FX Max with XO strategy

Buy

FX MAX green bar.

XO MTF alerts aqua dot.

Precision trend green bar.

Sell

FX MAX red bar.

XO MTF alerts red dot.

Precision trend red bar.

Exit options:

with predetermined profit target with ratio 1:12 stop loss;

at the opposite dot of XO MTF alerts;

at the levels of pivot points indicator.

Place initial stop loss on the previous swing low/high.

In the folder there are two templates.

In the pictures FX Max with XO strategy.

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