Sonic R White Trading System is a trading strategy that is designed to trade in the forex market. However due to its technical base it can also be applied to other markets since the technical analysis principles remain same for any markets. Sonic R White Trading system is an awesome forex trading strategy. Unique feature of this system is you can see the candles in four colors. Usually we see the price candles in two colors but Sonic R White Trading System is an exceptional case. It is a trend following system so you should be trading only in the direction of the trend while trading with this forex trading strategy. Sonic R White Trading system is not a complex forex trading system. It provides lots of information about the market that is beneficial for both the fundamental and technical traders. It shows the market hours at the top of the main chart window. This is a good strategy if wish to be a swing trader. The system may not be appropriate for the scalping purposes.
Another fascinating thing about this forex trading system is that it displays the latest fundamental events on your main chart window. This saves a lot of time of traders because they don’t have to look for economic calendars on the browsers.
Although there are too many information available on Sonic R white Trading system there are only three indicators that help to generate trading signal. Each of them will be discussed below. When the Sonic R White Trading system is correctly installed on your trading platform your chart should look like this:
- Sonic R VSA Candlesticks
Sonic R VSA Candlesticks is customized trading chart. It is a specially designed chart. It consists of candles of green, blue, grey, and black color.
- Sonic R Solid Dragon
Sonic R solid Dragon is a technical indicator that consists of two moving averages EMA 39 and EMA 34. These two moving averages move inside a net like object like seen in the above picture.
- VSA Alert
VSA alert is a custom made indicator which helps to alert the traders about the direction of the market.
Note: The charts look better when you select the line chart and make that line chart invisible by make it white in color. You can do this my pressing F8 option on metatrader platform.)
Buying Conditions Using Sonic R White Trading System.
- Major trend should be up. I.e. Sonic R Solid Dragon should be up trending.
- EMA 34 (blue) should cross above the EMA 39 (Pink).
- Place your stop just below the recent swing low.
- You should take profits when the price closes below the EMA 34.
Selling Conditions Using Sonic R White Trading System.
- Major trend should be down. I.e. Sonic R Solid Dragon should be down trending.
- EMA 34 (blue) should cross below the EMA 39 (Pink).
- Place your stop just above the recent swing high.
- You should take profits when the price closes above the EMA 34.
Download Free Forex Sonic R white Trading System