713# Trend Striker Extreme
Trend Momentum Breakout
Submit by Willy 26/10/2016
Trend Striker Extreme is a trend momentum system based very accurate on , support and resistance lines and momentum indicators. This is a strategy for intraday and swing trading.
Time frame 15 min or higher
Currency pairs:any
Metatrader indicators:
RSI MTF
ROC (5, 23, 5 violet line line);
Roc (5, 11, 8 green line);
DM filter 150, sma 20(aqua line),
Dim filter (optional dot white line on the chart );
Xard wave support and resistance dynamic (SR 3, SRZZ, MainrZZ, FP 36;
Trend Striker Exetreme ( resistence and support);
Fx Pro lines;
Double CCI with SMA cross alert (Trend CCI 63, Entry CCI 63);
T Osma proby (sens 2, deep bar 500, fast EMA 12, Slow EMA 26, signal 9);
RSI TC New ( RSI 21, Bull level 50 Bear Level 50).
Trading Rules Trend Striker Extreme
Trades only in the direction of the trend
Buy
Roc green line crosses above yellow line and violet line;
Osma proby > 0;
RSI TC New > 0 wit green line;
Trend CCI blue bar or green bar;
Price breaks green support.
Sell
Roc green line crosses belw yellow line and violet line;
Osma proby < 0;
RSI TC New < 0 wit green line;
Trend CCI red bar or maroon bar;
Price breaks red support.
Exit position is discretionary.
The advantage of this system is to be able to in a way acceptable to filter the lateral market phases. The results are very interesting!!
The disavantage is the visual impact on the screen, it's not good.
In the pictures Trend Striker Extreme in action.
Share your opinion, can help everyone to understand the forex strategy
Write a comment
asaens (Friday, 28 October 2016 16:21)
a good strategy should only need 3 or 4 indicators (trend, main indicator, and 1 or 2 confirmations)