Forex Profitable Best Trend Trading System

Forex Profitable Best Trend Trading System

Forex is a perfect business if you can do it properly. Don’t to over trade. Today we are going to give you best trend trading system. You can use it for your profitable Forex Business.

Forex Profitable Best Trend Trading System based on the MACD indicator

The nature of Forex is that it has a lot of noise especially in lower time-frames. As such, it’s difficult to trade off any time-frames less than 15 minutes. I recommend using the Profitable Trend Forex System in-

1-hour, 4-hour, and Daily time-frames.

If you use this system to trade indices such as S&P, you may use-

shorter time-frames: 5-minute, 15-minute.

Currency pairs best trend trading system

Currency pairs that have a large daily range are more suited for this system: GBP/USD, USD/CHF, EUR/JPY, GBP/JPY.

Best-Trend

In the above picture Profitable Forex Trading System in action.

Profitable Best Trend Trading System

A trend is established (based on our criteria), we look for the first small retracement (L1 signal) and the first larger retracement (L2 signal). We always take the first L1 signal and the first L2 signal.However, when price retraces the second time and gives us the second L1 or L2 signal, we must be cautious. We need to determine if the trend still has enough momentum to resume its original direction.

Momentum Indicator in Best Trend Trading System

In our system we use MACD (3,10,16) as momentum indicator. We call it short MACD indicator.When an uptrend makes new highs in price and in momentum indicator (new high in short MACD indicator), it still has momentum to go up.When a downtrend makes new lows in price and in momentum indicator (new low in short MACD indicator), it still has momentum to go down.

Therefore, the second L1 signal is valid as long as the previous L1 signal was successful and resulted in the trend making new high/low in both price and momentum. Likewise, the second L2 signal is valid as long as the previous L2 signal was successful and resulted in the trend making new high/low in both price and momentum.

Momentum determination in Best Trend Trading System

This method of momentum determination is important. It helps us filter a lot of false signal. The following chart illustrates this rule. We observe that the downtrend is making lower low in both price and momentum after a successful L2 signal. Thus the second L2 signal is valid. In attach also basic version.

Profitable Trend Forex Trading System Template and indicators Download

Download   Best Trend Trading System (right Click – save as)

Download   Profitable Trend Forex System (PTFS) (right Click – save as)

Download   Profitable Trend Forex System (PTFS) Advanced (right Click – save as)

Terms and Condition

“We are not liable for getting loses using this signal, We are testing and getting nice result. Forex is a great risking business. Do your trade with your own risk”. I am 90% sure this will work fine if you signup from our listed Forex company. My recommendation is True ECN ICMarkets from Right sight you can signup (I will help as much as possible and will be added My Personal Signal Group)

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