FTR Sigline Turtle Channel is a good tool to determine support and resistance areas.
The combination of FTR Sigline Turtle Channel and Step-MA is the best solution to catch the end of the trend.
Look at the chart below.
This is a high accuracy trading system & strategy that you can use to generate profits from Forex market every month.
- Time Frames: M15 or higher
- Recommended Currency Pairs: GBPUSD, EURUSD, GBPJPY, and all major pairs
MetaTrader Trading Indicators
- Signal Trend
- Step-MA
- FTR SigLine
- Brooky KST Advanced Analysis
- QTI
BUY Rules
- Step-MA blue color line
- FTR SigLine blue color line
- Brooky KST Advanced Analysis blue color histogram and above 0
- QTI blue color bars
SELL Rules
- Step-MA red color line
- FTR SigLine red color line
- Brooky KST Advanced Analysis red color histogram and below 0
- QTI red color bars
Trading NOTES
- Your initial Stop Loss is above the resistance area (for SELL) or below the support area (for BUY).
- Best Risk Reward Ratio is 1:2 or 1:3
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