Web Trend Mountain is a forex trading strategy. It is the simplest forex trading strategy in the world; I’m not serious about it though. I said so because I’ve never seen as simple method as Web Trend Mountain forex trading system. This system consists of nothing more than an indicator that appears on the indicator window. The indicator itself is named Web Trend System. It is a custom made indicator which is very similar to MACD. It might be improvised version of the MACD indicator. It is really really simple to trade by using Web Trend Mountain system. You should only see the crossovers of the oscillators of MACD. Because it is a very simple trading system, do not underestimate the system. Being simple doesn’t mean it doesn’t work efficiently. The large portion of success in trading is dependent on the trader not the system. Give a foolish trader the best system of the world and he still loses money. Similarly, give a disciplined trader any average system, he will still make money. That’s the difference between the winners and losers. You should be able to control your own mind and develop the mindset of winner traders. If you stick the rules of the system, you can make money with ease using Web Trend Mountain forex trading system.
When the Web Trend Mountain Forex Trading system is correctly installed on your trading platform your chart should look like this:
- Web Trend Mountain
Web Trend Mountain is a custom indicator. It consists of two oscillators which are in red and green color. Both of the oscillators have the capability to change the color. Web Trend Mountain indicator also has histogram in it. However, if we just focus on the crossovers of the oscillators it is more than enough to make money.
Buying Conditions Using Web Trend Mountain System.
- The candle on the main chart should be bullish.
- The faster moving oscillator of Web Trend Mountain should cross above the slower oscillator.
- The color of faster moving oscillator should be green.
- Place your stop just below the recent swing low.
- Take your profits when the green oscillator of Web Trend Mountain indicator falls to touch the red oscillator.
Selling Conditions Using Web Trend Mountain.
- The candle on the main chart should be bearish.
- The faster moving oscillator of Web Trend Mountain should cross below the slower oscillator.
- The color of faster moving oscillator should be red.
- Place your stop just above the recent swing high.
- Take your profits when the red oscillator of Web Trend Mountain indicator rises to touch the green
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