Forex Currency Strength Color MA Trading System

This is very effective “Forex Currency Strength Trading System” – The simpler the strategy, the easier it is to understand the underlying concepts.

  • Best Time Frame: 30 min or higher
  • Recommended Currency Pairs: any

 

MetaTrader Trading Indicators
  • Color MA
  • Wave Arrows
  • SignalTrend
  • Currency Strength
  • Entry Signal
  • FTR CT
  • FTR Bars
  • Color MA
  • Color MA
  • FSP Aggressive Entry
  • Relative Strength Index
Recommended Article:  The Complete Guide How To Draw and Use Trend Lines Perfectly [9332]

 

BUY Rules

  • Color MA line Green color
  • FSP Aggressive Entry blue bars
  • RSI line above level 60

 

SELL Rules

  • Color MA line Red color
  • FSP Aggressive Entry red bars
  • RSI line below level 40
Recommended Article:  Forex Currency Trading - Advanced Forex ADX Moving Average Trading System With MACD and Stochastic Zone Indicator

 

Trading NOTES

There is no perfect strategy

I’ve tried just about every exit strategy out there. None are perfect. Sometimes you sell too soon. Sometimes you sell too late. That’s the bad news.

The good news? You do not need a perfect exit strategy to be successful. You just need to be able to protect your money when you are wrong – and take profits when you are right.

Use a demo account or a small live account first to practice this trading system.

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