The Trading Magnum System is a forex trading system based on Heiken Ashi candles and three filters. Creators of the Trading Magnum System claims that this is trend following strategy. They call Trading Magnum a 300 pips a week system. It is easy to use as chart is clean and it gives very clear signals. One can spot entries and exits within couple of seconds. I am sure if you strictly follow the rules of this system, you can become really profitable.
- Heiken Ashi v.3
- Trend Filter
- Trend Direction
- Joker Filter
How to trade with the Trading Magnum System (300 pips a week)?
You can find Trading Magnum System (300 pips a week) trading rules below.
Open BUY order when following Trading Magnum System conditions are met:
- Joker Filter bar is green,
- Trend filter bar is green,
- Trend direction bar is green,
- Heiken Ashi candle is blue,
- Open the long trade at the opening of next bar.
Open SELL order when following Trading Magnum System conditions are met:
- Joker Filter bar is red,
- Trend filter bar is red,
- Trend direction bar is red,
- Heiken Ashi candle is red,
- Open the short trade at the opening of next bar.
Exit / take profit suggestions:
- Set the initial stop loss for H1 timeframe at 15 pips below / above the entry bar, for H4 timeframe at 25 pips above / below the entry bar,
- Take profit when Joker filter changes direction or ratio 1.2 of stoploss.
Trading Magnum System free download
To download the Trading Magnum System (300 pips a week) for MT4 just click the button below: