High Accuracy Forex MBFX WPR Momentum System For H1-Daily Time Frame Chart

NEW MBFX H1 – Daily Time Frame Trading Strategy – High Accuracy Forex MBFX WPR Momentum System For H1 Time Frame Chart.  This system works as a trend power detector that allows you to know if the trend is powerful enough or not.

Have you ever heard the saying “Buy Low – Sell High” ?…

well, that is exactly what I’m about to teach you with my trading system. You see, most trading systems either get you in too

You see, most trading systems either get you in too late or just before the market turns in the opposite direction. However, this system will have you trading like a Pro in No Time At All!

 

This system is nice and simple and thinks it is possible to make money over time with it, assuming you stick to the 1:2 or 1:3 Risk Reward Ratio.

This system works on most pairs with the exception of a few. It also works great on Gold and Stocks…

 

“Forex MBFX WPR Momentum System” System is mainly a trend-momentum following system designed for the trading forex market. The methods used with this system are powerful and effective.

The system is using different indicators to identify the major trend and show you the best entry/exit points.

• Best Time Frames: H1, H4, and Daily
• Recommended Currency Pairs: All currency pairs. It also works great on Gold and Stocks.

 

• Polynomial Regression (MBFX Indicator)
• Stoch Candles
• Support Resistance Levels
• Signal Trend
• Williams’ Percent Range

 

• Polynomial Regression (MBFX Indicator) uptrend
• The candles upward from green line Polynomial Regression (MBFX Indicator)
• Stoch Candles blue color
• Williams’ Percent Range line upward above -50 level from oversold area (below -30 level)

 

• Polynomial Regression (MBFX Indicator) downtrend
• The candles downward from red line Polynomial Regression (MBFX Indicator)
• Stoch Candles red color
• Williams’ Percent Range line upward below -50 level from overbought area (above -80 level)

 

The biggest worry about the system is the fact that the target price (due to what it is based on) is always moving and whilst it could be higher than it was when you entered the trade it could have well fallen closer to your entry.

This means that you have a changing target price but static stop loss which dramatically reduces the ‘real’ risk to reward ratio. In short, your take profit will often be less than your target.