Best Reversal Trading System With Daily Filter a forex strategy that is designed based on SimpleBars matf indicator. This indicator is used to read the direction of market trends, and set in D1 time frame. To open your order, you can use the directional arrows on the H1 time frame. You can easily understand this trend reversal strategy, because this strategy has been designed with a simple color indicator that is easily to understood.
Time Frame : H1
Financial Market : All pairs
Metatrader Indicators :
©Price Border.ex4
SimpleBars matf.ex4 (Set on Time Frame D1)
ITM X-Gen SYNT.ex4
Template :
Best Reversal Trading System With Daily Filter.tpl
Trading Rules Best Reversal Trading System With Daily Filter :
[caption id="attachment_2412" align="aligncenter" width="677"]
Best Reversal Trading System With Daily Filter[/caption]Sell Entry :
1. Appear red arrows and alert on ITM X-Gen SYNT indicator
2. Price current touch the upper band ©Price Border indicators (multiplier 2.6/3.0/3.4/3.8/4.2/5.0)
3. SimpleBars matf with a red bar
Buy Entry :
1. Appear green arrows and alert on ITM X-Gen SYNT indicator
2. Price current touch the lower band ©Price Border indicators (multiplier 2.6/3.0/3.4/3.8/4.2/5.0)
3. SimpleBars matf with a green bar
Take Profit :
[caption id="attachment_2413" align="aligncenter" width="677"]
Best Reversal Trading System With Daily Filter Take Profit[/caption]Close take profit when arrows appear opposite to the direction of entry on the indicator ITM X-Gen SYNT or you can put take profit on middle band ITM X-Gen SYNT indicator.
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