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.

 

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

 

 

 
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 ) :

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.

 

 

• 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)

 

 

• 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)