Forex Tenkan-Sen Kijun-Sen Booster Power Trading System – The BASIC entry for the Tenkan-Sen / Kijun-Sen cross is very straightforward – an order is placed in the direction of the cross once the cross has been solidified by a close.
Nevertheless, in accordance with good Ichimoku trading practices, the trader should bear in mind any significant levels of support/resistance near the cross and consider getting a close above those levels before executing their order.
- Time Frame: H1 or higher
- Currency Pairs: EURUSD, GBPUSD, USDJPY, and GBPJPY
MetaTrader Trading Indicators
- Ichimoku Kinko Hyo
- NonLagDotAlert Histo
- QQE ADV
- Booster Power
- THV4 Trix Called
- MTF Trix Trend
BUY Rules
- Tenkan-Sen Ichimoku Kinko Hyo above the Kijun-Sen
- Non Lag Dot Alert Histograms blue color
- QQE ADV blue line above the red line
- The blue line Booster Power indicator upward and above the level 0
- THV4 Trix blue lines and above level 0
SELL Rules
- Tenkan-Sen Ichimoku Kinko Hyo below the Kijun-Sen
- Non Lag Dot Alert Histograms red color
- QQE ADV blue line below the red line
- The blue line Booster Power indicator downward and below the level 0
- THV4 Trix red lines and below level 0
EXIT Rules and Positions
- Initial Stop Loss at previous swing
- Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system