Omega Trend System

Omega Trend System is a trading strategy that is used to trade in the forex market. It is a simple strategy. The Omega trend system automatically draws the lines on the main chart and on the indicator chart. The system automatically figures out the divergences in the price and the MACD oscillator and generates signal accordingly. We will also be executing our trade on the basis of divergence seen on the MACD and on the price chart but we will not trade the every divergence we see. We will only trade those divergences which are in favor of the trend. For example- if the overall direction of the market is up, we will trade only the bullish divergences not the bearish divergence. You can trade on any timeframe with any currency pairs using Omega trend system but one minute time frame is not recommended. You should also avoid trading during high impact news releases because the market is unpredictable during those conditions and these systems won’t work in such scenarios.

Do not worry you don’t have to look economic calendars on your browser to avoid trading the high impact news since it is available on your trading platform. The time left to release the economic reports are mentioned on your trading chart. On the top right you can also see the summary of the MACD, RSI and EMA indicators on various time frames including M1, M5, M15, M30, H1, and Daily. There are high chances of winning a trade if you trade following the major direction shown by the majority of indicators in the majority of timeframe.

The Omega Trend System has various technical tools used in its system. We will only use three of them to make our trading decision. Other tools should be used just for obtaining the market information.

1. Custom Indicator: Actually it is a customized moving average. It changes color as the trend changes.
2. Snake: It is a yellow colored moving average that is seen on the main chart.
3. MACD divergence: It is a customized MACD which automatically draws the divergence line on the indicator window and on the main price window.

Buying Conditions Using Omega Trend System.

1. Major trend should be up.
2. You should see a bullish divergence.
3. Snake (Yellow moving average) should cross above the custom indicator (blue/pink) moving average).
4. A green arrow should appear on the MACD indicator window.
5. You should place your stop loss just below the recent swing low.
6. You should take profits as soon as snake (yellow moving average) crosses below the custom indicator (blue/pink moving average).

Selling Conditions Using Omega Trend System.

1. Major trend should be down.
2. You should see a bearish divergence.
3. Snake (Yellow moving average) should cross below the custom indicator (blue/pink moving average).
4. A red arrow should appear on the MACD indicator window.
5. You should place your stop loss just above the recent swing high.
6. You should take profits as soon as snake (yellow moving average) crosses above the custom indicator (blue/pink moving average).

Open demo account to test this system.

Download Free Forex Omega Trend System