Simple and high accuracy “T Kiads BMI Trading System and Strategy” for intraday and swing trading. In this trading system we use H4 or Daily time frame but if you want, you allowed open H1 time frame too.
- Time Frame: H1 or higher
- Financial Market: Forex, indices, and Commodity
MetaTrader Trading Indicators
- T Kiads BMI Long Mod
- ABC Trending
- Moving Average
- Signal Trend
BUY Rules
- T KIads BMI indicator bullish
- The blue circle ABC Trending indicator below the previous candle
- Price closed above the 5 EMA line
SELL Rules
- T KIads BMI indicator bearish
- The red circle ABC Trending indicator above the previous candle
- Price closed below the 5 EMA line
Trading NOTES
To implement Multiple Time Frame Analysis, after we establish the dominant trend (weekly time frame trend), we have to check a couple of lower time frame charts and not enter the trade until they are in agreement with the longer time frame chart that we used to establish the trend.
In this trading system we use H4 time frame but if you want, you allowed open H1 time frame too.
Once they are all in agreement, we enter the trade.
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