Forex Trend and Momentum Trading with “FXI BANK True Strength Index System” – Trend traders attempt to isolate and extract profit from trends.
There are multiple ways to do this. Of course, no single indicator will punch your ticket to market riches, as trading involves factors such as risk management and trading psychology as well.
In this article, we provide general guidelines for “FXI BANK True Strength Index Trading System”.
- Time Frame: M15 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, USDCAD, and AUDUSD
MetaTrader Trading Indicators
- FXI BANK true Strength Index
- Heiken Ashi V
- GANN
- SEFC 10
- Volatility Quality
- CycleBar
BUY Rules
- FXI BANK true Strength Index:
- The histogram > 0 line
- Blue line > white line
- Heiken Ashi V: Green color
- SEFC 10: Blue line and below the previous swing low
- MTF Waddah Attar Explosion SA: Blue histogram
- Volatility Quality: Blue line
SELL Rules
- FXI BANK true Strength Index:
- The histogram < 0 line
- Blue line < white line
- Heiken Ashi V: Red color
- SEFC 10: Yellow line and above the previous swing high
- MTF Waddah Attar Explosion SA: Red histogram
- Volatility Quality: Red line
[sociallocker]
[/sociallocker]