Forex profit matrix Trendisimo is a forex trading system that is purely based on technical indicators. It uses lots of moving averages which is collectively called as forexTrendisimo in this trading system. The main entry signal will be based on this forex trendisimo indicator and the Forex TrendisimoHT indicator will be used to filter the entry. It is a very simple strategy. No one should have problem in understanding this system. This system is available in in various time frames. Hourly time frame is used in this example. Without any doubt it is a trend following strategy. The Forex TrendisimoHT indicator consists of three rows which are formed by bricks like shapes. They bricks like shapes can be found in blue and red color.
This indicator is a collection of many lines may be moving averages. It looks like the waves made up of strings or fishing nets. So buy using these nets we will catch pips in the market. So it is Similar to fishing right? This particular technical indicator can be found in two colors; red and blue. When you see these nets in blue color, understand that the market is moving upwards. Conversely, when you see the red nets/waves the market is in down trend. This indicator is more interesting than it looks. When a trend reverses ForexTrendisimo contracts and becomes very small while when the market is trending very well these nets expand. So Main idea here is to wait and find when these nets contracts and enter before the net expands.
- Forex TrendisimoHT.
This indicator is used to confirm the signal provided by the Forex Trendisimo indicator.
Buying Conditions Using Forex Profit Matrix Trendisimo System.
- The Forex Trendisimo indicator should be blue in color.
- All the three rows of the ForexTrendisimoHT during the time of entry should be blue in color.
- You should place your stop just below the recent swing low.
- You should take profit as soon as you see the Forex Trendisimo indicator beginning to change its color to red.
Selling Conditions Using Forex Profit Matrix Trendisimo System.
- The Forex Trendisimo indicator should be red in color.
- All the three rows of the ForexTrendisimoHT during the time of entry should be red in color.
- You should place your stop just above the recent swing high.
- You should take profit as soon as you see the Forex Trendisimo indicator beginning to change its color to blue.
Download Free Forex Profit Matrix Trendisimo Trading System