90# Static Confluence Trading System

Submit by Lorenz

Static Confluence Trading System is a forex strategy based on levels of support and resistance for filter the mouvement of the price but but to look for the timing reference is made to moving averages and a trend arrow. All these conditions make the trading system solid enough to avoid many false signals.

Time Frame 30 min, H1.

Currency pairs: Majors and Minors.

Metatrader 4 Indicators:

Support and Resistance 1

Support and Resistance 2

Timer

Simple Moving Average 30, close shift 2.

Simple Moving Average 30, close shift 2.

Simple Moving Average 30, close shift 2.

Zig Zag arrow

3 ZZ semnafor

HalfTrend Amplitude 2 (optional)

Trading Rules Static Confluence Trading System

Buy

Conditions

Support White,

Support red,

Yellow squre of 3 ZZ semafor below the price,

Zig Zag Buy arrow,

Price closed above at least two moving averages,

Haf Trend buy arrow.

Sell

Conditions

Support White,

Support red,

Yellow sqaure of 3 ZZ semafor above the price,

Zig Zag Buy arrow,

Price closed belo at least two moving averages,

Half Trend sell arrow.

Exit position

Place initial Stop loss below/above the previous swing high/low.

Profit Target at the orizzontal line or minimum ratio stop loss 1:1.3

In the pictures Static Confluence Trading System

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