165# Pivot Points Trend Strategy

Submit by Alex

Pivot Points Trend Strategy is a trend momentum strategy with the trading system. The purpose of this strategy is to hit the pivot points. This strategy on apply in the same time at more charts at the find the best entries. 

Time Frame 30 min or 60 min.

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, USD/CAD, more Indicies (S&P 500, Dow 30, Dax), and Gold.

Metatrader Indicators:

Pivot Points Daily,

MACD (12, 26, 9).

Exponential moving average 50, period.

Pivot Points Trend Strategy

Buy

Price above EMA 50

MACD Histogram above zero.

When the price broken the pivot levels from downward place a buy order.

Place initial stop loss on the previous low swing.

Make profit on the pivot levels.

Sell

Price below EMA 50

MACD Histogram below zero.

When the price broken the pivot levels from upward place a sell order.

Place initial stop loss on the previous high swing.

Make profit on the pivot levels.

Max two Pivot Points Levels as obietive in the same direction. I prefer only one because I have 4-5 charts open. This is a intraday winning strategy

In the pictures Pivot Points Trend Strategy in action.

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