
Gold Forex Trading System
Trading Systems Last update: May 22, 2019Basics of Gold Forex System:
Timeframe H1 and the 4 major pairs as EURUSD, USDCHF, USDJPY, GBPUSD.
Trading rules:
- We buy or sell when the donchian indicator crosses the 2 fib lines.
- We put the stop loss at the latest swing high or low. We can use psar to help.
- The take profit should be the lines from the 9square.
But I personally take the trend from the beginning at the cross and I go opposite at the cross in the other side. So my trades never sleep. I’m in at every cross. I hope this will help. The average of pips per trade is 250 pips. Sometimes we can expect 800 pips per trade.
The best advise I can give users is that if we get a signal on Friday night, don’t open the trade because we never know what will happen when market will open. Just wait on Monday.
Indicators included:
9Squared MM.ex4
buy zone fibs.mq4
rsi chart bars.mq4
RSIOMA_v3.mq4
sell zone fibs.mq4