562# Trend Dominator system
Trend dominator
Submit by Mike Trader 19/04/2014
Forex Trend Dominator is a manual trading strategy trend following that you can use to generate profits for forex market every day. IT was designed to be very simple and very poweful at the same time. The reason for tht, is it was designed to track market strength and weekness wich is the most important to understand while taking decisions.
The first two indicators are applied on main chart, i called them trendSTRDominator and trendfilterdominator. They tend to cross each other at the trend change. Trend filter dominator also works as support and resistance so candles price will tend test line. Trend strength finder Dominator will be maiin indicator for you take action. Flat Trend dominator and Trend ma cross dominator we be also used for entry confirmation and most important it will be main signal exit trade.
Time Frame 30 min or higher.
currency pairs:any.
Rules Trend Dominator System
Go long
Trend Strength Finder Dominator turns blue.
Flat Trend Dominator draws blue bar.
Trend Ma crosss dominator draws blue bar.
Trend STR dominator main chart line turns to blue color.
Trend filter Dominator main chart line turns to green color.
Go Short
Trend Strength Finder Dominator turns red.
Flat Trend Dominator draws red bar.
Trend Ma crosss dominator draws red bar.
Trend STR dominator main chart line turns to red color.
Trend filter Dominator main chart line turns to maroon color.
Exit Rules
Exit trade when both Trend STR dominator and Flat Trend Dominator draws (red bar for buy and blue bar dor sell). Trailing stop coul be applied, stop loss for it dependes on time frame. Stop loss shoud be placed at the previous swing high or low
