644# Anchor FX System

Submit by Lucien 24/07/2015

Anchor Fx system is a trading strategy based on tha Anchor FX indicator and Bollinger Bands Squeeze.

Finanacial markets: forex.

Time Frame:

30 Min or higher.

Metatrader indicators: EMA 4 , EMA 13, Anchor fx indicator, Bollinger bands Squeeze.

Trading Rules Anchor FX System

Long Position:

The rules for long entry are as follows.

When a “long possible” signal to appear on the chart if the EMA 4 is above EMA 13 and Bollinger Bands Squeeze has aqua dots buy at market.

Short Entry

When a “short possible” signal to appear on the chart if the EMA 4 is above EMA 13 and Bollinger Bands Squeeze has aqua dots sell at market.

Target:

Take profit at each support level shown on the chart. Once you reach first profit target, move your stop-loss to entry point. 

Stop Loss:

30 pips (30 Min time frame), 60 pips (4 Hours).

Advantages: this trading system is clear and is an usefull tool for trading.

In the pictures Anchor FX System in action.