Kwu Forex Trading System
Platform: Trading Systems Last update: December 28, 2019Kwu Trading System is a trend-following strategy. You should trade it on 15 minute timeframe of your favourite currency pair. It’s made of 2 indicators: custom Moving Averages and Magic Indicator (looks like Stochastic).
It works great during strong trends, but you should avoid trading during sideways market.
How to trade with Kwu Trading System?
Open buy trade when following conditions are met:
- There is an uptrend.
- Price was below MAs and cross them.
- Magic indicator is above 0 level (blue zone).
Open sell trade when following conditions are met:
- There is an downtrend.
- Price was above MAs and cross them.
- Magic indicator is below 0 level (red zone).