455# PW Trend Forex Strategy

Submit by James UK 20/06/2013 ( free on the Net)

This is an trend following forex strategy.

Time Frame: M15

Currency pairs:EUR/USD.

Indicators:

PW Trend indicator ;

i Sadukey indicator.

Buy conditions in the following order:

1. PW TREND left 4-0 area upwards;

   2. i_Sadukey_V1 is color aqua ;

   3. Wait for a candle to close where conditions 1, 2, and 2 are visible.

   Place your entry at the next candle's open.

Sell conditions in the following order:

1. PW TREND left 31-27 area downwards;

   2. i_Sadukey_V1 is color yellow

   3. Wait for a candle to close where the conditions 1,2, and 3 are visible.

   Place your entry at the next candle's open.

How to Exit options:

When the opposite conditions appear.

Profit Target 30-40 depends by currency pairs.

Initial stop loss 20 pips, after 20 pips in gain move stop loss at entry level.

See PDF for more explanations

In the pictures PW Trend forex strategy in action.

Indicators:

PW Trend with 21 period moving average smoothed;

i Sadukey.

Buy conditions in the following order:

1. PW TREND left 4-0 area upwards;

2. PW Trend crorres upwards 21 period moving average smoothed;

3. 2. i_Sadukey_V1 is color aqua ;

4. 3. Wait for a candle to close where conditions 1, 2, and 2 are visible.

5. Place your entry at the next candle's open.

Sell conditions in the following order:

1. PW TREND left 31-27 area downwards;

2. PW Trend crosses dowards 21 period moving average smoothed;

3. 2. i_Sadukey_V1 is color yellow

4. 3. Wait for a candle to close where the conditions 1,2, and 3 are visible.

5. Place your entry at the next candle's open.

Exit position: the same of the previous PW Trend forex Strategy.

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