142 # Buy- Sell alert trend with 3 bar pullback Trading System
Submit by ForexStrategiesResources
Time Frame 15 min or higher.
We trade pairs with high volatility though the system works with every pair
Currency Pair:
GBP/USD
GBP/JPY
EUR/JPY
EUR/USD
USD/JPY
GBP/CHF
Indicators
Zig Zag Pointer
Buy-Sell Alert (5)
Daiy Average Range
FiboPivot
3 bar pullback
Set Buy-Sell Alert:
Chart TF 15 B-S (60 TF);
Chart TF 30 B-S (240 TF);
Chart TF 60 B-S (1440TF);
Chart TF 240 B-S (10080 TF).
Long Entry:
We wait until our zigzag pointer and dot blue Buy-Sell (TF60) appears in the 15M TF, we entrer long when appears long entry green arrow signal 3 barpullback.
Short Entry:
We wait until our zigzag pointer and dot red Buy-Sell (TF60) appears in the 15M TF, we entrer sell when appears short entry red arrow signal 3 barpullback.
Exit Position:
Place Stop Lossat low the range 3 barpullback.
Profit Target or fibo level or ratio 1/1.5. Example if stop is 30 pips Profit target is 45 pips.
4H TF is recommended 50 pips EUR/USD, 45 pips USD/JPY, 70pips GBP/USD, EUR/JPY, 80pips GBP/JPY
In the pictures Buy-Sell alert trend with bar pullback forex system in action.
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