Forex White Tiger Trading System
Forex White Tiger Trading System:
Time Frame 4H and daily.
Currency pairs: all.
Indicators:
1. SFCS5 Indicator
2. SFCC5 Indicator
ENTRY RULES
BUY RULES
Open a LONG position when all these conditions are satisfied
SFCS5 Indicator turns color from RED to GREEN and confirmed SFCC5 indicator (in Green color as well)
SELL RULES
Open a SHORT position when all these conditions are satisfied SFCS5 Indicator turns color from GREEN to RED and confirmed SFCC5 indicator (in RED color as well)
Stop loss
The suggested stoploss value for daily timeframe is around 100-120 pips and 50-70 pips of used on 4-H timeframe
Exit
There are two ways to exit your trade
– Use takeprofit level equals or 2 times of stoploss level.
– Exit when two indicators showing a reversal signal
As we can see from the screenshot above, SFCS5 indicator changed its color from GREEN to RED and
SFCC5 was also in RED color. So we have all the conditions for LONG entry satisfied. On the opening of
the next candle, we opened a SHORT trade at 1.4435. We used stoploss at 100 pips above the entry
point. The trade went up strongly in our favor direction and when both indicators showed a reversal
signal, we exited our trade at 1.3963. So the total profit was 472 pips
As we can see from the screenshot above, SFCS5 indicator changed its color from RED to GREEN and SFCC5 was also in GREEN color. So we have all the conditions for LONG entry satisfied. On the opening of the next candle, we opened a LONG trade at 1.2679. We used stoploss at 110 pips below the entry point. The takeprofit level was set at stoploss x 2 = 220 pips
The trade went up strongly in our favor direction and hit the profit target. So, the trades was closed
with 220 pips profit
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 White Tiger Trading System?
- Download Forex White Tiger 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 White Tiger 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”.
