312# Instant Trendline forex Strategy

Submit by Joy22  01/03/2012

 

Time Frame 4H

Currency pairs:any.

 

Indicators:

Instant trendline filter (default setting)

CC an(default setting: draw two lines at 0.002 and at -0.0020.

Long Entry

Instant Trendline crosses up and and the line Cyan of the CC Breaks orizzontal line 0.0020.

 

Short Entry

Instant Trendline crosses down and and the line green of the CC breaks orizzontal line 0.0020.

Exit

1)When Instant Trendline change direction;

  2)Trade objective: 1:2 risk-to-reward ratio or better.; Move stop loss to break even at risk-to-reward ratio 1:0.5

3) Aggressive Stop loss 50Profit Target 45

 

In the pictures below Instant Trenline filter: Trading  System  in action.

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

Instant Trenline filter:Trading System

Write a comment

Comments: 1
  • #1

    Vasilis (Monday, 01 June 2015 21:10)

    The CC indicator isn't working.Is it possible to repost it?

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