625# FX PRO 100 Trading System
Trend Following Price Action
Support and Resistance as Filter
Submit by Dimitry
FX PRO 100 Trading System is an forex strategy for intraday and fast swing. This is an trend following strategy filtered by support and resistance . For to entry position It need's that on form an level of support (for long) or resistance (for sell). There are two templates an for 15 min trading and the other for H1.
The principle on which this strategy is based is that when the price is based on a support or resistance, they are more likely to reverse and follow the new trend.
Time frame 15 min and H1
Currency pairs: AUD/USD, EUR/USD, USD/JPY, USD/CHF, USD/CAD, GBP/USD, EUR/JPY, GBP/JPY, AUD/JPY, EUR/JPY, EUR/CAD, EUR/AUD, AUD/NZD, NZD/USD.
Metatrader 4 Indicators
Buy Sell alerts (20, TF 240).
Buy Sell alerts (8, TF 60).
Moving Average of Parabolic Sar (MA 14, Sar 0.2 , 0.05).
GMTS Tape ( requirements indicators the following indicators must installed and working: TVI mq4, Gann Hilo Histo mq4, T3MA Basic mq4).
Trading Rules FX PRO 100
Buy Sell alerts (20, TF 240) and Buy Sell alerts (8, TF 60) are formed below the candle of price.
MA Parabolic above the dot.
GMTS Tape blue bar.
Profit Target predetermined with ratio 1:13 stop loss or exit when forms red dot of Buy Sell alerts (8, TF 60).
Buy Sell alerts (20, TF 240) and Buy Sell alerts (8, TF 60) are formed above the candle of price.
MA Parabolic below the dot.
GMTS Tape red bar.
Profit Target predetermined with ratio 1:13 stop loss or exit when forms blue dot of Buy Sell alerts (8, TF 60).
In pictures FX PRO 100 Trading System in action.
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