642# Trend Way
Trend Way with MKNC
Submit by Leviatan fx 28/06/2015
Trend way is a trend following indicator similar at the trend magic. In these examples I shows this indicator with two differents indicators. First
template with MKNC (trend-momentum indicator). Second template with (trend direction force indicator).
Time frame 30 min or higher.
Currency pairs: majors.
Metatrader indicator:
Trend Way (alias Blip),
MKNC
Tradig rules trend way first template
Buy
Trend way indicator blue line,
MKNC indicator line blue crosses upward red dot line.
Sell
Trend way indicator red line,
MKNC indicator line blue crosses downward red dot line.
Exit position is discretionary.
Trend Way with trend direction & force
Time frame 30 min or higher.
Currency pairs: majors.
Metatrader indicator:
Trend Way (alias Blip),
Trend direction & force (11 period 0.5, -0.5 trigger line)
Rules
Buy
Trend way indicator blue line,
Trend direction & force broken up trigger line (0.5)
Sell
Trend way indicator red line,
Trend direction & force broken down trigger line (- 0.5).
You can setting Trend direction & force indicator also 14 period and trigger line (0.6, - 0,6).
Exit position with fast profit target and initial stop loss on the previous swing high/low. Great profitability with 12-16 pips as profit target at the 30 min time frame.
Share your opinion, can help everyone to understand the forex strategy
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