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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

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