High accuracy Fractals Adjustable Period Trend Lines Trading System – Trend lines are probably the most common form of technical analysis in forex trading. They are probably one of the most underutilized ones as well.
If drawn correctly, they can be as accurate as any other method.
Unfortunately, most forex traders don’t draw them correctly or try to make the line fit the market instead of the other way around. This trading system is a good solution for them.
- Time Frame: H1 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Fractals Adjustable Period Trend Lines
- BBand Stop
- HolyGukGukGuk
- 2010 Masah
- Relative Strength Index
BUY Rules
- Fractals Adjustable Period Trend Lines: Up Trend
- BBand Stop: Aqua Lines
- HolyGukGukGuk: Green histogram
- 2010 Masah: Aqua line > Magenta line
- Relative Strength Index: Upward and above the 55 level line
SELL Rules
- Fractals Adjustable Period Trend Lines: Down Trend
- BBand Stop: Magenta Lines
- HolyGukGukGuk: Red histogram
- 2010 Masah: Aqua line < Magenta line
- Relative Strength Index: Downward and below the 45 level line