• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Daily Forecast
  • Tradingview Tools
  • Courses
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Pietrofx Method Trading System

December 28, 2015 by Dominic Walsh Leave a Comment

Pietrofx Method Trading System is a forex trading system. It is a simple system. Although, Pietrofx Method Trading System generates signal in both in the direction of trend and in the counter trend direction, we recommend you to take only the trades that are in the direction of the major trend. This reduces the chances of loss as trend doesn’t reverse too often. There are only two technical indicators in the main chart and three indicators in the indicator window. There is an indicator called paint bars in the main chart window but it won’t play vital role in decision making. Other remaining indicators in the indicator window play the role of filtering the signal and make the signals more reliable.

The main signal generator of our system will be signal trend signal. When Pietrofx Method Trading System is correctly installed on your trading platform, your chart should look like this:

Pietrofx Method Trading System

  • Silver Trend Signal

Silver Trend signal is nothing more than blue and red arrows. Blue arrow indicates the buying signal while the red arrow indicates the selling signal. This indicator is the major signal generator indicator of this system.

  • Speed 20

Speed 20 does the work of filtering the market directions. When the bars are green it’s a bullish signal and when the bars are red it’s a bearish signal. You should buy only when you see the green bars and vice versa.

  • Flat Trend

Flat Trend is also similar to the Speed 20 indicator as it does the work of filtering the market noises and shows you whether the market is bullish or bearish at particular time period. Buy when the bars are green and sell when the bars are red.

  • Vortex Indicator

Vortex indicator consists of green and red oscillators. When the green oscillator crosses above the red oscillator, it is a buy signal while when the green oscillator crosses below the red oscillator, it is a sell signal.

Buying Conditions UsingPietrofx Method Trading System.

Pietrofx Method Trading System

  • Silver Trend Signal (a blue arrow) should appear below the price chart.
  • Speed 20 indicator should form green bars.
  • Flat Trend indicator should form green bars.
  • Green oscillator of Vortex Indicator should cross above the red oscillator.
  • Place your long positions as soon as above conditions are met.
  • Place your stop loss just below the recent swing low.
  • Take your profit when Silver Trend Signal (a red arrow) appears above the price.

Selling Conditions Using Pietrofx Method Trading System.

Pietrofx Method Trading System

  • Silver Trend Signal (a red arrow) should appear above the price chart.
  • Speed 20 indicator should form red or yellow bars.
  • Flat Trend indicator should form red bars.
  • Green oscillator of Vortex Indicator should cross below the red oscillator.
  • Place your short positions as soon as above conditions are met.
  • Place your stop loss just above the recent swing high.
  • Take your profit when Silver Trend Signal (a blue arrow) appears below the price.

Open demo account to test this system.

Download Free Forex Pietrofx Method Trading System

Download Free Pietrofx Method Trading System

Filed Under: Free Metatrader Systems Tagged With: arrow indicator, line indicator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • February 2023 (1)
  • January 2023 (6)
  • December 2022 (7)
  • November 2022 (19)
  • October 2022 (20)
  • September 2022 (27)
  • August 2022 (13)
  • July 2022 (4)
  • June 2022 (2)
  • May 2022 (2)
  • April 2022 (3)
  • March 2022 (5)
  • February 2022 (3)
  • January 2022 (5)
  • December 2021 (1)
  • November 2021 (3)
  • October 2021 (3)
  • September 2021 (2)
  • August 2021 (1)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (6)
  • April 2020 (7)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (11)
  • August 2018 (5)
  • July 2018 (6)
  • June 2018 (3)
  • May 2018 (6)
  • April 2018 (2)
  • March 2018 (9)
  • February 2018 (8)
  • January 2018 (10)
  • December 2017 (10)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (29)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Daily Forecast
  • Tradingview Tools
  • Courses
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2023 Forexobroker

Copyright © 2023 · Magazine Pro Theme on Genesis Framework · WordPress · Log in