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90# Static Confluence Trading System

Double levels of Support And Resistance

Free stress trading

Submit by Lorenz

Static Confluence Trading System is a forex strategy based on levels of support and resistance for filter the mouvement of the price but but to look for the timing reference is made to moving averages and a trend arrow. All these conditions make the trading system solid enough to avoid many false signals.

Time Frame 30 min, H1.

Currency pairs: Majors and Minors.

Metatrader 4 Indicators:

Support and Resistance 1

Support and Resistance 2

Timer

Simple Moving Average 30, close shift 2.

Simple Moving Average 30, close shift 2.

Simple Moving Average 30, close shift 2.

Zig Zag arrow

3 ZZ semnafor

HalfTrend Amplitude 2 (optional)

Trading Rules Static Confluence Trading System

Buy

Conditions

Support White,

Support red,

Yellow squre of 3 ZZ semafor below the price,

Zig Zag Buy arrow,

Price closed above at least two moving averages,

Haf Trend buy arrow.

Sell

Conditions

Support White,

Support red,

Yellow sqaure of 3 ZZ semafor above the price,

Zig Zag Buy arrow,

Price closed belo at least two moving averages,

Half Trend sell arrow.

Exit position

Place initial Stop loss below/above the previous swing high/low.

Profit Target at the orizzontal line or minimum ratio stop loss 1:1.3

In the pictures Static Confluence Trading System

Static Confluence Trading System
Static Confluence Trading System
Static Confluence Trading System
Static Confluence Trading System
Static Confluence Trading System
Static Confluence Trading System
Static Confluence Trading System
Static Confluence Trading System

Telegram Channel: https://t.me/freeforexresources

Static Confluence Trading system.rar
compressed file archive 148.5 KB

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