The Trading Magnum System is a forex trading system based on heiken ashi candles and three filters. Creators of the Trading Magnum strategy claims that this is trend following system. They call it a 300 pips per 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?
You can find Trading Magnum System trading rules below.
Open BUY order when following 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 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:
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