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Home Trading Systems Lucky Stars Trading System

Lucky Stars Trading System

The Lucky Stars is a trend-momentum intraday forex strategy based on Lucky Star VF indicator. This trading system also comes with an automatic pilot for the trade.

Characteristics of the system:

  • Currency pairs: majors or with low spreads.
  • Timeframes: 5 min, 15 min, 30 min.

Indicators involved:

  • Lucky Star ZZ dist 1= 4, dist 2= 12;
  • Lucky Star pivot;
  • Exponential moving average 32 period;
  • Exponential moving average 6 period;

Lucky Star VF based on the following indicators:

  • MACD: Signal EMA 4, Fast EMA 16, Slow EMA 32;
  • MA trend 96;
  • ADX 14;

How to trade with Lucky Stars Trading System?

Open BUY position when following conditions are met:

  • EMA 6 above EMA 32.
  • Green thin bar with star weak buy signal.
  • Green bar with star strong buy signal.

Open SELL position when following conditions are met:

  • EMA 6 below EMA 32.
  • Red thin bar with star weak sell signal.
  • Red bar with star strong sell signal.

Exit position suggestions:

  • exit at the pivot levels;
  • with predetermined profit target;
  • place initial stop loss at the previous swing;

Lucky Stars Trading System free download:

LINK

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