A SUPER SIMPLE Profitable Trend-Reversal Forex Currency Trading System and Strategy

ITMX trading is a simple trend-reversal trading system. Here i shows two mods for trading with this indicator.

 
Best Time frame : 30 min or higher
Financial markets: Forex, Commodities, Indicies.

 

Indicators :
  • ITMX
  • CC Cloud
  • MultiTrend  Signal
  • Blip Bloop
  • FR Trend Lines
  • XB4D
  • Snipper
  • RSI Chart Bar

 

MutiTrend Signal Indicator

 

 
As you can see on the image, this indicator calculates trends on all time frames using 9 indicators: ADX, RSI, MOM, CCI, OsMA, MACD, SAR, WPR, MA. There is a general trend (M15, M30, H1, H4 and D1 time frame), which is calculated by a combination of the previous 9 indicators.

Conservative trading (very high win probability but less frequent trading signals):

ENTRY POINT: When all 9 indicators point in the same direction for the given timeframe place the respective BUY / SELL trade.

EXIT POINT: When all 9 indicators point in the opposite direction for the same timeframe, exit the trade.
Dynamic trading (more balanced win probability but more frequent trading signals ) :

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ENTRY POINT: When 7 out of the 9 indicators point in the same direction for the given timeframe place the respective BUY / SELL trade.

EXIT POINT: When all 7 out of the 9 indicators point in the opposite direction for the same timeframe, exit the trade.

 

TIMEFRAME: This can be used on any timeframe.

STOP LOSS : We recommend 85% of the timeframe’s Average True Range (ATR)

HOT TIP: Keep an eye on the cumulative indicator – it highlights where the trend is going.

 

Trading Rules

 

Buy Rules
  • When all 9 indicators point in the same direction and color ( upward and blue )
  • RSI Chart Bar blue
  • Blip Bloop Blue and upward
  • FR Trend Lines Aqua and upward
  • XB4D blue
  • Sipper green
  • CC Cloud green (Green: buy only area, Red: sell only area)

 

 

Sell Rules
  • When all 9 indicators point in the same direction and color ( downward and red ).
  • RSI Chart Bar red
  • Blip Bloop Blue and downward
  • FR Trend Lines Dark Orange and downward
  • XB4D red
  • Sipper red
  • CC Cloud red (Green: buy only area, Red: sell only area)
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