Hello traders,
My system is a counter trend system. It can apply to all instruments like Forex, Stocks, Indices, Commodities.
System Indicators:
- FastTMALine
- FiboPiv_v2
- Forexometry
- TMA centered envelope mtf
- ma_bands
- FXI Weekly Pivots
- RSI (14)
- TD Fractal Connector Indi
Buy Rules:
1 hour chart
Price at the lowest line of TMA
RSI at 30
Price at support level for either FiboPiv or FXI or Forexometry
Ma_bands Buy arrow signal
Trendline is Ok for Buy
SL is unchangable 30-40 pips, TP is flexible and often 40-60 pips, sometimes 100-150 pips.
Sell Rules:
1 hour chart
Price at the highest line of TMA
RSI at 70
Price at resistance level for either FiboPiv or FXI or Forexometry
Ma_bands Sell arrow signal
Trendline is Ok for Sell
SL is unchangable 30-40 pips, TP is flexible and often 40-60 pips, sometimes 100-150 pips.
Special Notes:
Always check the news events
Always be patient and mechanical, not emotional.
If there is a strong up or down trend, stay away for couple of hours. Not trade directly.
