-

Home Forex MT4 Indicators Venom Indicator

Venom Indicator

Venom Trading System Overview

  • Trading opportunities presented by the system are based on the alignment of Vectorial Bias, S/R Level 1 and S/R Level 2.
  • Trading hours is from 5.00 GMT to 16.00 GMT. Please ensure that the system is running before 5.00 GMT so that no signals are missed and to prevent late entries. Remember, the first Buy or Sell signal (first alignment of Vectorial Bias, S/R Level 1 and S/R Level 2) beginning 5.00 GMT present high probability trades.
  • For the first Buy or Sell signal (first alignment of Vectorial Bias, S/R Level 1 and S/R Level 2), Venom Signal will display the price and time on the chart and Venom Alert will popup. The first alignment of the day always provides profitable trades.
  • For the second alignment onwards, Venom Alert will continue to popup but Venom Signal does not change its display.
  • Trading the second alignment onwards is only recommended for experienced traders, for traders who have a feel for the system (know how to use the Venom Dashboard effectively) or for traders
    who are using Venom Trading System as reference to other techniques.
  • Minimum take profit is 30 pips. Stop loss is 40 pips. Set trailing stop at 15 pips. To take profit at higher levels, please refer to the section describing ‘Positional Bias’.
  • Do not risk more than 5% of equity per trade.
  • Venom Trading System is suitable for all currency pairs but we
    recommend the following pairs: GBPUSD, EURUSD, USDCHF, AUDUSD, USDJPY, EURJPY, AUDJPY, GBPJPY, GBPCHF, EURGBP, EURCHF.

Venom Indicators free download:

LINK

Top Download MT4 Indicators

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...

Xmaster Formula Indicator for MT4

The Xmaster Formula Indicator is a custom buy and sell signals forex indicator that works like a charm for most currency pairs and timeframes....

Forex Entry Point Indicator for MT4

Forex Entry Point indicator was designed to give traders the best possible entry for their long and short trades and it displays pink and...

Forex Signal 30 Trading System – profitable indicator forex strategy

Today I would like to present you the Forex Signal 30 - a very good forex trading strategy. It is much liked and appreciated...

TMA Bands MTF Trading System

TMA Bands MTF is a forex trading system developed using following metatrader indicators: TMA Bands and TMA Angle. Below you can find some basic...

Looking for something?

What is your best indicator?

View Results

Loading ... Loading ...

You might also likeRELATED
Recommended for you