Sold by forexfox on Tradebit The world's largest download marketplace 3,090,474 satisfied buyers
Download Power Trade Formula Scalping Forex Trading System
Download Power Trade Formula Scalping Forex Trading System For Mt4
Power Trade Formula Scalping is a forex trading system that is designed for the pure scalpers. Although this forex trading system can be used for swing trading purpose too, it is more focused on the scalping aspects of the trading. Power Trade Formula Scalping is a very clean and straightforward trading system. It is all concerned about making money in a consistent basis. Power Trade Formula Scalping is based on a trend following system. This forex trading system consists of very few yet very powerful forex trading indicators. In such types of trading system discipline is must to make money consistently as the rules are not difficult in it.
Color Candles are the special kinds of charting which displays the average price action bars. The blue bars indicate uptrend market while the continuous red bars indicate bearish market. Therefore, you should be long only when these color candles are blue and you should short only when the canldes are red.
Special Moving Average
In this forex trading system you can see specialized moving average which changes its color as per the market direction. When the market is bullish you will see a blue moving average and when the market is bearish you will see red moving average.
W.A. Explosion consists of histograms which consist of red and blue histograms. Blue histograms indicate bullish market conditions while the red bars indicate the bearish market conditions.
RSI Filter comprises of red and blue bars. Red bars indicate bearish market conditions and blue bars indicate bullish market conditions.
Buying Conditions Using Power Trade Formula Scalping.
Market should be up trending.
Market should be bouncing from the recent swing low.
The color candles should be blue.
Special moving average should be blue.
The A. Explosion indicator should be blue.
The RSI Filter indicator should be blue.
Place your long position as soon as above conditions are met.
Place your stop loss just below the recent swing low.
Take your profit when the color candles turn red.
Selling Conditions Using Power Trade Formula Scalping.
Market should be down trending.
Market should be bouncing from the recent swing high.
The color candles should be red.
Special moving average should be red.
The A. Explosion indicator should be red.
The RSI Filter indicator should be red.
Place your short position as soon as above conditions are met.
Place your stop loss just above the recent swing high.
Take your profit when the color candles turn blue.
trading forex online forex online forex trading forex currency forex system forex trading currency software forex trading system forex forex market forex broker learn forex free forex forex day forex exchange forex news www forex com forex trading day forex training forex book easy forex forex signal mini forex rates forex forex trading software forex course ultimate forex trading software trader forex learn forex trading forex strategy forex platform forex account global forex forex education forex charts best forex managed forex money forex online forex currency trading forex trading platform forex real trading course forex real time forex online currency forex forex option review forex learn forex trading online learn forex online free forex trading forex trading strategy
This file is sold by forexfox, an independent seller on Tradebit.