836# Gain FX System
FX Reversal Strategy
Trend Momentum Reversal
Submit by Dimitri
Gain FX System is a trend reversal strategy based on trend momentum indicators.
Gain FX is suitable for scalping, day trading and swing trading. In folder for download there are two templates: first for scalping, second for day trading and swing trading.
Gain fx is mainly based on MACD, Traders Dynamic Index and Half Trend. The entries in the market are generated by the concordance of the indicators.
Setup Strategy
Time Frame 15 min or higher.
Currency pairs: any.
Metarader Indicator setting
Main Chart
Mar Color Crossover (fast ma 3, slow Ma 8, close)
Target Bands (61 perids, deviation 2.5)
Signal default settng
Arrow signal (period 20).
Heikin Ashi
Half Trend amplitude (period 2).
In Sub window
Traders Dynamic Index
MACD (12, 26, 9, close).
Trading rules Gain FX System for day and swing trading
All indicators must agree
Buy
Buy Arrow Half Trend
Green Cross of trend indicator
Heikin Aschi green bar
Mar Color Crossover green lines
Trader Dynamic Index crosses upwards
MACD crosses upwards.
it is preferable to start entering after the price touches or breaks the lower band.
Sell
Sell Arrow Half Trend
Red cross
Heikin Aschi red bar
Mar Color Crossover red lines
Trader Dynamic Index crosses downwards
MACD crosses downwards.
it is preferable to start entering after the price touches or breaks the upper band.
Exit position
Initial stop loss at the previous swing high/low.
Make profit options:
before of the opposite band;
ratio stop loss 1:1.25.
How to scalp with Gain FX System
Buy
Price touches or breaks the lower band.
When the price come back. There are the following conditions:
Green cross;
Heikin Aschi green bar;
Mar Color Crossover green lines;
MACD crosses upwards.
Open a buy position at the opening of the next bar.
Sell
The price touches or breaks the upper band.
When the price come back. There are the following conditions:
Sell Arrow Half Trend
Red cross
Heikin Aschi red bar
Mar Color Crossover red lines
Trader Dynamic Index crosses downwards
MACD crosses downwards.
Open a sell position at the opening of the next bar.
Exit position
initial stop loss at the previous swing high/low
Make profit for scalping 5-15 pips dependes by time frame and currency pairs. The best time frame for scalping is 30 min.
Telegram Channel: https://t.me/freeforexresources