460# 4H Trader Advanced Trading System
4H Trader indicator filtered by CCI indicator and Trend Strength
Submit by joy22 15/07/2013
This is trend following trading system.
Time Frame 4H.
4h trader (arrow alert) indicator;
Support and resistance indicator;
CCI (period 16, level 30 ad 60) indicator,;
Trend Strength indicator,
Rules: 4H Trader Advanced Trading System
4H trader indicator (arrow buy) is above support line.
CCI indicator>70 level;
Trend Strength up trend>50.
4H trader indicator (arrow sell ) is below the resistance line.
CCI indicator<30 level;
Trend Strength down trend>50.
Exit Position options:
At the opposite Arrow.
Profit Target predetermined (examples EUR/USD 60 pips, AUD/USD 55 pips, USD/CHF 50 pips, GBP/USD 60 pips, GPB/GPY 70 Pips).
Place initial stop loss on the previous swing, after 30 pips in gain move stop loss at entry position.
This strategy:4H Trader Advanced Trading System is also good for trading on the Binary Options.
In the pictures below 4H Trader Advanced Trading System in action.
4H Trader Advanced Trading System indicators and Template
Share your opinion, can help everyone to understand the trading system.