Forex Trend Explosion Trading System
Forex Trend Explosion Trading System:
Trend Explosion System uses three different indicators:
Signal Indicator
Super Trend Indicator
StopLoss Indicator
LONG ENTRY RULES
Enter a LONG position when all following conditions are met:
Signal indicator is BLUE and just changes its color from RED to BLUE
Super Trend indicator is BLUE and just changes its color from RED to BLUE.
SHORT ENTRY RULES
Enter a SHORT position when all following conditions are met:
Signal indicator is RED and just changes its color from BLUE to RED,
Super Trend indicator is RED and justchanges its color from BLUE to RED.
STOP LOSS
Use the value suggested by the StopLoss
Indicator
STOP LOSS
The stoploss indicator will display stoploss and takeprofit levels for
different timeframes. As you can see from the screenshot, it shows
you stoploss and takeprofit levels in 8 different timeframes.
The Stoploss and Takeprofit levels displayed at the bottom are for
the current timeframe.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Trend Explosion Trading System?
- Download Forex Trend Explosion Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Trend Explosion Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
