Strategy for binary options, Forex and CFD - On Trend Forex Trading System
Strategy for binary options, Forex and CFD - On Trend Forex Trading System
Strategy for binary options, Forex and CFD - On Trend Forex Trading System - a strategy based on moving averages and a histogram, used to find the best entry points into a bullish or bearish trade.
Contents
- Minimum Time Frame and expiration time
- Recommended Time Frame and Expiration Time
- Indicators of the On Trend Forex Trading System strategy
- Risk management
- On Trend Forex Trading System strategy: signal to increase
- On Trend Forex Trading System strategy: downward signal
- Download the On Trend Forex Trading System strategy
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Minimum Time Frame and expiration time
- Time Frame: M5
- Expiration time: 15 minutes (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M5
- Expiration time: 20 minutes (4 candles)
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On Trend Forex Trading System strategy indicators
- Moving Average
- MACD
- Average Directional Movement Index
Risk management
Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.
On Trend Forex Trading System strategy: signal to increase
- The red line on the chart crossed the turquoise one from bottom to top
- In the first subwindow the blue line is above the red line
- MACD histogram above zero level
On Trend Forex Trading System Strategy: downward signal
- The red line on the chart has crossed the turquoise line from top to bottom
- In the first subwindow the blue line is below the red line
- MACD histogram below zero level
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Trading on Forex and CFD
- Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
- The trade is opened after receiving a signal from the trading strategy
- The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
- The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
- Take Profit to Stop Loss levels are set depending on the selected time frame
- The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading
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Download the On Trend Forex Trading System strategy
Download strategy On Trend Forex Trading System......
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