Cycle Extremus Trading is a forex trading system. It is a very advanced forex trading system. The developer of Cycle Extremus Trading definitely has invested good time in making this forex trading system. The system contains too many technical indicators because of which beginner traders might find this trading system confusing. This trading system can be used in various ways for various purposes. You can swing trade, you can scalp, and you can trade for longer period of time as well.
There are indicators in the main chart window and there are two indicator chart window. When Cycle Extremus Trading forex trading system is correctly installed in you trading platform, your chart should look like this:
Although there are many indicators in this forex trading system you don’t need to use all of them to make effective trading decisions. First of all you don’t need to look for many indicators in the main chart window. Only the red line moving average and arrows are useful.
When the blue arrow appears, the market increase and when the red arrow appears, the market will decrease.
- Moving Average
This is a 100 period moving average. You can use it to determine the direction of the market. Generally it’s safer to buy when the market is above this moving average and vice versa.
Blue arrows indicate selling and red arrow indicates buying.
You should buy when the stochastic are trending upward.
Buying Conditions Using Cycle Extremus Trading System.
- Market should be up trending.
- Market should be above the red moving average.
- An upward arrow should form recently on the chart.
- The stochastic should be trending upside.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the market comes below the 100 period moving averages.
Selling Conditions Using Cycle Extremus Trading.
- Market should be down trending.
- Market should be below the red moving average.
- A downward arrow should form recently on the chart.
- The stochastic should be trending downside.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the arrow pointing upward appears in the chart.
Download Free Forex Cycle Extremus Trading Strategy
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