-

Home Trading Systems Trend Awesome Trading System

Trend Awesome Trading System

The Trend Awesome System is a forex strategy for trend-following trading approach. This is an intraday strategy based on trend-momentum indicators. Below you can find more details.

Characteristics of the system:

  • Currency Pairs: any, majors recommended
  • Timeframe: 30 min

Indicators involved:

  • Exponential Moving Average set to 10 period close (measures the short trend-momentum).
  • Exponential Moving Average set to 40 period close ( identifies the intermediate trend).
  • Exponential Moving Average set to 150 period close ( identifies the long-term direction).
  • Filter (setting 240 min).
  • Awesome oscillator.
  • Info (main informations on the price movement).

How to trade with Trend Awesome System?
Important! : Trade only with the direction of the main trend.

Open BUY order when following conditions are met:

  • 10 EMA >40EMA>150EMA.
  • Trend Filter bar is green.
  • Awesome bar is green.

Open SELL order when following conditions are met:

  • 10 EMA <40EMA<150EMA.
  • Trend Filter red bar.
  • Awesome bar is red.

Exit and stop loss suggestions:

  • You can set Take Profit with the of ratio 1:1, 1:2 of your stop loss.
  • Set you initial stop loss at 8 pips above / below 150 ema.

Info indicator is optional.
You can enter the market again when the price come back on the 40 EMA with the same conditions.

Trend Awesome Trading System free download:

LINK

New posts

Forex Mean Reversion

Welcome to Forex Mean Reversion. Leading and Lagging indicators don’t work. Leading indicators don’t lead with any form of reliability...

Forex Executive

The Forex Executive is an indicator that provides you, the trader, with real time trading signals alerts and prepares...

SupDem Indicator for MT4

The SupDem indicator for MT4 draws supply and demand levels on the chart automatically. What's more, it also corrects...

EFC Indicator

The EFC Indicator basic concept is to open position as a reversal trend is detected. As soon as RSI...

Looking for something?

Popular posts

Xmaster Formula Indicator for MT4

The Xmaster Formula Indicator was made for traders like you can become real master of forex. This wonderful tool is suitable to use for...

Instant Buy Sell Signal

Instant Buy Sell Signal is profitable forex trading strategy that is really easy to use. It generate clear signals with arrows on charts. Below...

Hyper EA Pro – profitable scalping robot

Hyper EA Pro is forex trading robot. It uses scalping strategy. EA place trades only during Asian session. Statistically it opens one trade per...

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

Forex Hacked Pro Scalping EA

The new Forex Hacked Pro is multicurrency scalping robot (expert advisor) and now it can trade on nine currency pairs at the same time. Forex...
X Trend Premium

You might also likeRELATED
Recommended for you