AFStar Trading System is a forex trading system. AFStar Trading System is a trend following forex trading system. This system also generates the counter trend signals but we should ignore counter trend signals as they increase the risk of the trade. Basically, this system can be used in any time frames as it generates reliable signals in all time frames. However, it’s better to avoid trading during the high impact fundamental releases. AFSTar Trading System is really simple and it can be used by any levels of traders. Handful of information that is displayed on the main chart window makes this forex trading system even better. Upcoming fundamental events are displayed on the main chart.
AFStar Trading System consists of three technical indicators in the main chart window and three other indicators in the indicator window. When the AFStar Trading System is loaded on your metatrader 4 platforms, your chart should look like this:
- Afstar 1
Afstar 1 is the major signal generator indicator of this system. Our main buying/selling decisions will be made by using this indicator. This indicator is a blue and pink arrow that you can see on the main chart window. The pink arrow pointing downward indicates sell signal in the market whereas, the blue arrow pointing upward indicates the buying signal in the market.
- H4 Res c
This level which is originated on the basis of four hour chart. We will not use this indicator while making our trading decisions.
- Pivot levels
There are also automatically drawn pivot levels on the main chart window of this forex trading system but we will not consider them while making our trading decision with AFStar Trading System.
- Median price
Median price indicator consists of two oscillators which keep on changing the color as the market changes its directions. One of the oscillators remains black most of the time while another becomes green in an uptrend market and red in a downtrend.
- T3 price
This indicator is one of the most important indicators of this system as it helps to filter the trend of the market.
Buying Conditions Using AFStar Trading System.
- Afstar 1 indicator should appear below the price chart.
- Green oscillator of Median Price indicator should cross above the black oscillator.
- The T3 price indicator should form blue bars.
- 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 a pink AFstar 1 indicator appears above the price chart.
Selling Conditions Using AFStar Trading System.
- Afstar 1 indicator should appear above the price chart.
- Red oscillator of Median Price indicator should be below the black oscillator.
- The T3 price indicator should form red bars.
- 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 a blueAFstar 1 indicator appears below the price chart.
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