How to Trade Forex Using Dynamic Pivot Indicator. This is a Very Simple Forex Trend-momentum Trading System With Dynamic Pivot Indicator. Forex Trend-momentum Trading System is a trend-momentum system very simple.
- Time Frame : H1
- Currency majors : EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, AUD/JPY, NZ/USD, USD/JPY, GBP/JPY.
Forex Trend-momentum Trading Rules
Sell Signal
- Red moon
- Possible sell
- Red bar
- Enter sell
- Enter SL= 40 pips from entry
- BB MACD dots red downward
- Candle below downward Dyn Pivot
Take profit P1 = 40 pips from entry and move the stop to entry
TP2 = 80 pips and move the stop 50 pips
TP3 = 120 pips and move the stop 50 pips
Buy Signal
- Blue moon
- Possible buy
- Blue bar
- Enter buy
- Enter SL= 40 pips from entry
- Take profit
- BB MACD dots green upward
- Candle above upward Dyn Pivot
TP1 = 40 pips from entry and move the stop to entry
TP2 = 80 pips and move the stop 50 pips
TP3 = 120 pips and move the stop 50 pips
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