Spoutnik Forex Trading System
Trading SystemsThe foundation of Spoutnik Forex Trading System is fishier 55 indicator along with other confirmation indicators such as exponential moving averages. This strategy was designed for 1 hour timeframe. Creators recommend to use it on EUR, CHF and GBP pairs at 7 -12:OO GMT time and 15:00 till 18:00 GMT time and YEN pairs 01:00 AM -15:OO GMT time.
Indicators involved in the strategy:
fisher 55+ flat trend H1 + macd 12.26.9
ultra trend
EMA 15
EMA 40
MA CrossOver Signal 15-40:
flat trend 30 min
Buy entry rules:
Open trade when first bar from fisher in H1 and flat trend in H1 are chaning to GREEN COLOR
Set stop loss at 50 pips.
Target profit is open
Trailing stop: 50 pips.
Exit the trade when both bar fisher + flat trend are red COLOR then close and reverse.
Sell entry rules:
Open trade when first bar from fisher in H1 and flat trend in H1 are changing to RED COLOR
Set stop loss at 50 pips.
Target profit is open
Trailing stop: 50 pips.
Exit the trade when both bar fisher + flat trend are green COLOR then close and reverse.
