POP Day Trading System | Foreign Exchange EA Download - MT4/MT5 Resources
This system only works with my 12 major FX pairs (AUDJPY, AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSE, NZDUSD, USDCAD, USDCHF, USDJPY) (but all 28 major FX pairs can be traded) and is based solely on moving averages, using a top down analysis approach from daily charts to 15 M charts (ENTRY CHART).
The main premise of this system is to find the part of the trend with a clear direction (the power chart, taken from a discussion by Oliver Velez) and discard the rest of the trend without a power chart.
Let’s start with the daily chart first and build up to the 15M chart step by step
Daily chart places 200SMA and 20 EMA (that’s what the daily chart is all about)
There may be four situations
Sky - When the D20E is higher than the D200S and the price is higher than the D20E
Bottom - D20E is lower than D200S and priced lower than D20E
Ceiling -D20E is lower than D200S and priced higher than D20E
Surface -D20E is higher than D200S, and the price is lower than D20E
We will consider the following four situations when analyzing TF up to 15M
Please be patient, we will develop it slowly and step by step until 15 pictures for a better and more comprehensive understanding
The main premise of this system is to find the part of the trend with a clear direction (the power chart, taken from a discussion by Oliver Velez) and discard the rest of the trend without a power chart.
Let’s start with the daily chart first and build up to the 15M chart step by step
Daily chart places 200SMA and 20 EMA (that’s what the daily chart is all about)
There may be four situations
Sky - When the D20E is higher than the D200S and the price is higher than the D20E
Bottom - D20E is lower than D200S and priced lower than D20E
Ceiling -D20E is lower than D200S and priced higher than D20E
Surface -D20E is higher than D200S, and the price is lower than D20E
We will consider the following four situations when analyzing TF up to 15M
Please be patient, we will develop it slowly and step by step until 15 pictures for a better and more comprehensive understanding
























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