519# FDM Power

Submit by Freddyfx 05/05/2016

FDM Power is a trend-momentum intraday strategy that works also for swing trading.

This trading system is based on moving averages filtered by momentum indicators.

This strategy is very profitable.

Time Frame 15 min or higher.

Financial markets any.

Metatrader indicators:

Moving average simple 5 period, open;

Moving average simple 5 period, close;

Moving average smoothed 12 period, close;

Pivot alert;

Good MACD (5, 26, 9);

RSI filter three color (buy=green, flat=yellow, sell=red).

Trading rules FDM Power

Trading only in the direction of the trend

trend up= ma5 open > ma5 close > ma 12 smoothed

trend down= ma5 open < ma5 close < ma 12 smoothed

Buy

ma5 open > ma5 close > ma 12 smoothed confirmed by:

MACD crosses upward;

RSI green.

Sell

ma5 open < ma5 close < ma 12 smoothed

MACD crosses downward;

RSI red.

Exit position options:

when the MA crosses in opposite direction;

make profit at the pivot level.

Place initial stop loss at the previous swing high/low.

In the pictures FDM Power in action.

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