Forex Double Trend Trading System – FREE DOWNLOAD complete trading tool designed primarily to trade TRENDS successfully and consistently. The trading system is based on a special indicators that predicts the price movement in advance!
The hit rate of the indicator is about 75+% in most currencies. We advise that you read and make sure you understand the entire system before putting it into practice. Experiment and gain experience in demo accounts before trading with your own money.
ForexWOT Double Trend System Trading Rules
ForexWOT Double Trend Trading System is a very immpressive intraday trend following forex strategy. This system is based on Supertrend optimized and Supertrend cleared.
- Recommended Time Frame : 15 min or higher.
- Best Currency pairs : EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, AUD/JPY.
Forex Metatrader Indicators
- Signal Trend
- RSI (7)
- PL4 Candle Time;
- Market Panel display control;
- SuperTrend Indicator, Version Mark Ursell ( period 20, multiplier 2.0);
- SuperTrend cleared V.3 2005 Jason Robinson ( CCI 50, ATR 5);
- Pivot Points levels;
- PFWinner;
- Stochastic Oscillator (5,3,3).
Basic Trading Rule : trade only in direction of the trend.
BUY Rules
- SuperTrend Indicator line green
- SuperTrend cleared V.3 line green
- PFWinner above zero level
- Stochastic crosses upward
- RSI line upward and above 50 level
- Signal Trend green bars
Optional Conservative Open Position :
- Buy when the price bounce on the supertrend indicator and Stochastic crosses upward.
SELL Rules
- SuperTrend Indicator line red
- SuperTrend cleared V.3 line red
- PFWinner below zero level
- Stochastic crosses downward
- RSI line downward and below 50 level
- Signal Trend red bars
Optional Conservative Open Position :
- Sell when the price bounce on the supertrend indicator and Stochastic crosses downward.
EXIT Rules
- Exit position when t SuperTrend change in opposite direction or at the pivot points level.
- Place Intial stop loss on the previous swing.
Trading Note
To maximize your profit I recommend always check a global trend and do not trade against it.
To determinate a GLOBAL current trend – just open a higher timeframe chart.
Example: if you trade on M15 – open a M30 chart and determinate a current global trend.