754# 40 pips a trade

40 pips a trade is a simple trend following strategy that works at higher time frame.

This trading system is based on two indicators MACD as entry filter and Forex Trend V1 as indicator that generates buy an sell signals. The purpose of this strategy is make an gain of 40- 70 pips a trade that dependes by pairs and time frame.

Time Frame 4H, daily and weekly.

Currency pairs: majors and minors.

Indicators setting

Forex Trend V1, SSP 7, Kmin 1,6, K max 50,6.

MACD (10, 30, 9).

50 moving average median price HL/2 (optional).

Trading Rules 40 pips a trade

First option trades only in the direction of the trend.

If the price is above moving average the trend is up.

If the price is below the moving average the trend is down.

Second option trade on all signals because the profit target is fast, this option is only for daily and weekly time frame.

Buy

Forex Trend V1 blue line above red line.

MACD red line crosses upward yellow line.

Initial stop loss 40-70 pips or below the red line.

Profit target 40-70 pips.

Sell

Forex Trend V1 red line above blue line.

MACD red line crosses downward yellow line.

Initial stop loss 40-70 pips or above the blue line.

Profit target 40-70 pips.

This is a winning strategy that can be applied to many chats at the same time and takes 15 minutes per day.

This trading system applied at the weekly time frame is good for managed funds.

In the pictures 40 pips a trade in action.

Share your opinion, can help everyone to understand the forex strategy.