Fx Trend Direction is a forex trading system. This system can be used to scalp in the forex market. Although the Fx Trend Direction is widely used for scalping in the forex market, it can also be used for trading in time frames like H1, H4, and daily. Simply designed, crystal clear signals, and user friendly interface of this system are the key features of this forex trading system. The Fx Trend Direction is a trend following forex trading system. There are five technical indicators at the main indicator window and four indicators at the indicator window. The technical indicators at the main chart generates the trading signal and the technical indicators at the indicator window confirms those signal.
when the Fx Trend Direction is correctly loaded on your trading platform, your chart should look like this:
1) Buy/Sell Magic
Buy/sell Magic is a custom built technical indicator. It is the major signal generator indicator of this system. The green and red arrows that you can see on the main chart are the Buy/Sell Magic indicators. Although there are other indicators as well on the main chart, we will focus only on Buy/Sell Magic indicator.
2) RSI Filter
RSI FIlter is a technical indicator which consists of red and blue bars. Red bars indicate the bullish pressure in the market and vice versa.
3) RBCI Hist
RBCI Hist is a technical indicator which consists of histograms with green and red bars. You should be buying when the histogram is in positive territory and selling when it is in negative territory.
4) Solar Wind -(10, 21)
Solar Wind consists of histogram that fluctuates in positive and negative territory. Buy, only when the Solar Wind is in positive territory and Sell, only when the Solar Wind is in negative territory.
Buying Conditions Using Fx Trend Direction System.
1) Buy/Sell Magic (a green arrow) should appear below the market.
2) RSI Filter indicator should form blue bars.
3) RBCI Hist should be in positive territory.
4) Both the Solar Wind indicator should be in positive territory.
5) Place your long position as soon as above conditions are met.
6) place your stop loss just below the recent swing low.
7) Take your profit when Buy/Sell Magic (a red arrow) indicator appears above the market.
Selling Conditions Using Fx Trend Direction.
1) Buy/Sell Magic (a red arrow) should appear above the market.
2) RSI Filter indicator should form red bars.
3) RBCI Hist should be in negative territory.
4) Both the Solar Wind indicator should be in negative territory.
5) Place your short position as soon as above conditions are met.
6) place your stop loss just above the recent swing high.
7) Take your profit when Buy/Sell Magic (a green arrow) indicator appears below the market.
Open demo account to test this system.
Download Free Forex FX Trend Direction Strategy
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