672# Blog Traders Forex System
Stop and Reverse with Vortex
Zorex wave confimation
Submit by Dimitri
Blog Traders Forex System is a trend following strategy based on the stop and reverse filtered by vortex indicator and the wave Zorex.
Time frame optimal is 5 min.
Platform: Metatrader 4
Currency pairs: EUR / USD, GBP / USD, AUD / USD, NZD / USD
USD / JPY, USD / CHF, USD / CAD
Time interval: M5 (the most optimal)
Session time: London, and New York.
Metarader 4 Indicators
Stop and reverse (period 10, Multiplier 3.0
Zorex V.3 ( wave green uptrend and wave red down trend) this indicator recalcutes.
Trading rules Blog Traders Forex System
Buy arrow of stop anfd reverse.
Vortex Blue line above red line.
Zorex V.3 green wave.
Sell arrow of stop anfd reverse.
Vortex red line above red line.
Zorex V.3 red wave.
Profit Target 15-30 pips in relation at the currency pairs.
Place initial stop loss below/above at the previous swing high/low.
Zorex V.3 is and indicator that recalculaes continuously adapt to market changes,
therefore in a certain sense it tries to always interpret the market in the best way, then when the market changes it adapts the color of the wave.
What about this recalculating indicator? however, it is interesting because when it aligns with the market, it interprets it well, managing to avoid false signals. This is one of the recalculating indicators that are in circulation. I have tested this system and the results have been good. Apply the system to 4-6 currency pairs simultaneously.
In the pictures Blog Traders Forex System in action.
Share your opinion.