745# Forex Mass Profits Strategy
MACD flat and RSI Filter
Trend following with momentum filter
Submit by FreddyFx
Forex Mass Profits Strategy is a trend following trading system filtered by momentum indicators. This strategy is suitable for any time frame. The filters are based on not repaint indicators, then sometimes the filter may be slower than the signal.
Time Frame 5 min or higher.
Currency pairs: USD/CAD, GBP/USD, EUR/USD, USD/JPY, GBP/JPY, AUD/USD, AUD/JPY, EUR/NZD, NZD/USD.
Metatrader Indicators:
Simple Moving Average 34 period, close;
Simple Moving Average 34 period, high;
Simple Moving Average 34 period, low;
Forex Mass Profits arrow indicator;
Flat Trend MACD (8, 17, 9), this indicator requires RAM;
Deep Bar Indicator;
Flat Trend RSI (7, period close).
Forex Mass Profits Strategy trading rules
Buy
Forex Mass Profits buy arrow confirmed by two filter.
Flat MACD blue bar.
RSI flat, blue bar.
Deep bar Indicator blue bar.
Initial stop loss on the previous swing low.
Make profit at the opposite arrow or with predetermined profit target that depends by pairs and time frame.
Sell
Forex Mass Profits sell arrow confirmed by two filter.
Flat MACD red bar.
RSI flat, red bar.
Deep bar Indicator red bar.
Initial stop loss on the previous swing high.
Make profit at the opposite arrow or with predetermined profit target that depends by pairs and time frame.
In the pictures Forex Mass Profits Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
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