Strategy for binary options, Forex and CFD - Tom Demark FX system
Strategy for binary options, Forex and CFD - Tom Demark FX system
Strategy for binary options, Forex and CFD - Tom Demark FX system - a trend following strategy based on three indicators, helps to catch the best entry points into up and down trades.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 30 minutes (2 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
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Tom Demark FX system strategy indicators
- Moving Average
- Trendline
- Momentum
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.
Tom Demark FX system strategy: signal to increase
- The yellow line crosses the red line from bottom to top
- The price has broken the white trend line
- The basement indicator line is above or close to level 100
- Enter when the next candle opens after crossing the moving averages
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Tom Demark FX system strategy: down signal
- The yellow line crosses the red line from top to bottom
- The price has broken the white trend line
- The basement indicator line is below level 100
- Enter when the next candle opens after crossing the moving averages
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 Tom Demark FX system strategy
Download Tom Demark FX system strategy......
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