690# Forex King STS 2

Submit by Norman 04/05/2016

Forex King STS 2 is a trend momentum trading system.

Time frame daily (4H maybe ok.dont use other tfs).

Apply this system at the trending market.

Financial market: any

Metatrader indicators:

Forex King STS 2 strategy is based on the following indicators

indicator1 EMA 365 (above bulls and below bears as you know).

Indicator2 zigzag to find stop loss (default settings)

indicator3 Forex_King-STS with arrow alert(designed by LukeB)

Trading Rules

Buy

if price action trend following is above the ema only consider the green buy arrows.

Sell

if price action is below the ema only consider the red sell arrows.

Exit position

stop loss recent high/low of zigzag.(some times use the same ema)

take profit it is up to you.(half of sl,same as sl or1.5x of sl etc.)

Recommended exit with fast predetermined profit target.

This system is very simple.

Not trade with long bars.

In the pictures Forex King STS 2 in action.

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