Trend Awesome System | Forex indicator download - MT4/MT5 resources
Trend Awesome System is a strategy for trading with trends. This forex system is an intraday strategy based on the trend momentum indicator.
Time range 30 minutes
Currency Pairs: Major currency pairs.
Tool indicators:
Exponential moving average 10-period closing price (measures short-term trend momentum).
Exponential moving average 40-period closing price (identifies intermediate trend).
Exponential moving average 150-period closing price (determines long-term direction).
Filter (set to 240 minutes)
Great oscillator.
Information (primary information about price changes).
Trading Rules Trend Awesome System
Only trade in the direction of the trend.
Buy
10EMA>40EMA>150EMA
Trend filter green bar
Avesome Green Bar.
sell
10EMA <40EMA<150EMA
Trend filter red bar
Delicious wine bar.
Information indicator: optional.
Re-enter when price returns to the 40 EMA under the same conditions.
Exit location
The profit target ratio is 1:1, and the stop loss ratio is 1:2.
Initial stops are placed 8 pips above/below the 150 EMA.
Time range 30 minutes
Currency Pairs: Major currency pairs.
Tool indicators:
Exponential moving average 10-period closing price (measures short-term trend momentum).
Exponential moving average 40-period closing price (identifies intermediate trend).
Exponential moving average 150-period closing price (determines long-term direction).
Filter (set to 240 minutes)
Great oscillator.
Information (primary information about price changes).
Trading Rules Trend Awesome System
Only trade in the direction of the trend.
Buy
10EMA>40EMA>150EMA
Trend filter green bar
Avesome Green Bar.
sell
10EMA <40EMA<150EMA
Trend filter red bar
Delicious wine bar.
Information indicator: optional.
Re-enter when price returns to the 40 EMA under the same conditions.
Exit location
The profit target ratio is 1:1, and the stop loss ratio is 1:2.
Initial stops are placed 8 pips above/below the 150 EMA.
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