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Sunday 1 November 2015

FX-100 Pips Trading System


ENTRY RULES:
  
*BUY
Open LONG when all these conditions are satisfied:
1. Blue Line cross above Red Line of the 100pips Momentum Indicator.
2. 100pips Power Indicator is BLUE
3. 100pips 3 shows both UP arrows (BLUE colour)

*SELL
Open a SHORT when all these conditions are satisfied:
1. The Blue Line cross down the Red Line of the 100pips Momentum Indicator.
2. 100pips Power Indicator is RED
3. 100pis Trend shows both DOWN arrows (RED colour)

STOP LOSS
The stoploss value will be derived from the ATR(21) indicator. Stoploss = 0.85 x ATR

EXIT
There are two ways to exit your trade
1. Use take profit level equals or 2 times of stoploss level.
2. EXIT when there are at 3 (three) indicators showing a reversal signal.



Below is how indicators appearance in invest chart H4:

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