DSS Arrow is a forex trading system. DSS Arrow is a very dynamic trading system. The DSS Arrow might be the perfect trading system for the swing traders. The DSS Arrow is a very simple forex trading system. The signal generated by the indicators in the main chart window is verified by the oscillator based indicator based in the indicator window. You can take DSS Arrow trading system as a trend following trading system. For the sake of accuracy, trade on the timeframe higher than 5 minutes. DSS Arrow system works best in timeframes like H1 and H4.
When you install DSS Arrow system in your trading platform, your chart should look like this:
Filter is a technical indicator which basically is a customized version of a moving average. When the market is rising Filter indicator is green and when the market is falling Filter indicator is maroon color.
You can see white and red arrows on the main chart. These arrows can be useful for the day traders but as a swing trader you might not need these arrows to entry/exit in the market. However when you buy/sell these arrows can be used as a tool of confirmation.
- DSS Arrows
DSS Arrows consists of red and white arrows that move in oscillator fashion in the indicator window. When these arrows are white you should be buying and when these arrows are red you should be selling.
Buying Conditions Using DSS Arrow.
- Market should be up trending.
- Market should be above the Filter
- The DSS Arrow indicator should be white.
- 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 crosses below Filter
Selling Conditions Using DSS Arrow.
- Market should be down trending.
- Market should be below the Filter
- The DSS Arrow indicator should be red.
- 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 market crosses above Filter
Download Free Forex DSS Arrow Strategy
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