High accuracyTrend Following “Forex UTPOW Trend Momentum Trading System” and Strategy – Trend following was and is the best trading strategy. And this trend strategy is simple to learn.
- Time Frame: M30 or higher
- Currency Pairs: All Major Pairs
MetaTrader Trading Indicators
- Exponential Moving Average
- Momentum
- UTPOW
BUY Rules
- Exponential Moving Average: 10 EMA > 20 EMA > 30 EMA
- Momentum line: Above the level 100
- UPTOW indicator: The green line > the red line
SELL Rules
- Exponential Moving Average: 10 EMA < 20 EMA < 30 EMA
- Momentum line: Above the level 100
- UPTOW indicator: The green line > the red line
EXIT Rules
- UTPOW Trend Momentum is a simple and high accuracy trend following strategy
- Place the initial stop loss above or below the previous candle
- Risk Reward Ratio 1:2 or 1:3
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