Jurik STC Forex Trading system is a forex trading system. It is a very simple forex trading system. It is an oscillator based forex trading system. It can be used to trade on any time frame and it can be used to trade on multiple currency pairs. This forex trading system is designed for beginner traders as well as expert traders. Jurik STC forex trading system is a trend following forex trading system. There is a simple moving average line on the main chart window which will help you determine the market trend and the indicator in the indicator window helps to generate buy/sell signals.
When you install Jurik STC Forex Trading System in your MetaTrader 4, your chart should look like this:
- Moving Average
A 100-day exponential moving average is used in this forex trading system. You should follow this indicator while making your trading decisions. You should look for buying opportunities only when the market is above this moving average and vice versa.
- Jurik STC
Jurik STC is the main signal generator indicator of this forex trading system. It consists of an oscillator which changes its color to green and red as per the trend of the market. You should buy when this oscillator turns green and you should sell when this oscillator turns red.
Buying Conditions Using Jurik STC Trading System.
- Market price should be above the 100-day exponential moving average.
- Jurik STC indicator should turn green.
- Place a buy order at the market rate when above conditions are met.
- Put your stop loss below the recent support level.
- Sell your positions when Jurik STC indicator turns red.
Selling Conditions Using Jurik STC Forex Trading System.
- Market price should be below the 100-day exponential moving average.
- Jurik STC indicator should turn red.
- Place a sell order at the market rate when above conditions are met.
- Put your stop loss above the recent resistance level.
- Book your profits when Jurik STC indicator turns green.
Download Free Forex Jurik STC Strategy
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