Forex Vxod is a forex trading system which is suitable for swing traders. The system is very effective in longer time frames like four hour and daily charts. Forex Vxodis a very simple yet very powerful forex trading system. Forex Vxodis a trend following forex trading system. Therefore, you should be take trades only in the direction of the major trend and never attempt to trade against the trend. Forex Vxodis a very flexible forex trading system. You can use to trade in any currency pairs. If you follow the rules of the system very strictly then you might generate results with 90% accuracy. 90% accuracy in forex trading isn’t a joke. That way you will be ahead of the 95% of the traders who always lose in the market. The main thing is consistency. You should be able to make money consistently. That can be done by holding the winning trades and cutting the losing one. Fortunately, Forex Vxodallows you to set your stop loss and take profit levels which will keep maintaining risk to reward ratio. You will always be a winner in the long term. A single trade might not determine your success in forex market but you result after 1 month matters.
When the Forex Vxodis appropriately installed in your metatrader platform, your chart should look like this:
- Vxod 1
Vxod 1 is the only indicator that is being used in this forex trading system. This single indicator is responsible for generating buying and selling signals. This indicator consists nothing more than heikenashi bars. The heikenashi bars are blue and red. When the heikenashi bars are blue it indicates bullish market and you should be buying. Similarly, when the bars are red, it indicates the bearish market and you should be selling. The bars are blue when the market is above these bars and vice versa.
Buying Conditions Using Forex Vxod System.
- The general trend of the market should be up.
- The Heikenashi bars should be blue.
- Buy when the above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the bars turn red.
Selling Conditions Using Forex Vxod System.
- The general trend of the market should be down.
- The Heikenashi bars should be red.
- Sell when the above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the bars turn blue.
Download Free Forex Vxod Trading System
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