660# Forex Space
Fx Ultratrend and obos cross
Submit by Mark 17/11/2015
Forex Space is a trading system trend-momentum based on WPR/RSI/Stock and trend indicators as (Fx ultratrend and heiken Ashi smoothed). “Enter with the trend when go the momentum.”
Time Frame 15min or higher.
Financial markets: Forex and indicies.
Metatrader Indicators:
FXUltratrend 2,
Heiken Ashi Smoothed (Ema gain),
Obos Zone ( WPR/RSI/Stock) RSI 21, Stochastic 14, 3, 3, WPR 55 periods.
Trading Rules Forex Space are very simple.
Trade only in the direction of the trend
Buy
Heiken Ashi Smoothed or FX Ultratrend green bar.
RSI and Stochastic crosses upward below 50 level.
Sell
Heiken Ashi Smoothed or FX Ultratrend red bar.
RSI and Stochastic crosses downward above 50 level.
Exit position with ratio 1.2 stop loss.
Place initia stop loss on the previous swing.
This is a classic trend-momentum strategy expected profitability 55-60%.
In the pictures Forex Space trading system in action.
Share your opinion, can help everyone to understand the forex strategy
Write a comment
aforex (Thursday, 25 February 2016 20:28)
Shitty system.
I can find very little entry points on your rule.
Am I wrong?