SMA3 & LWMA12: These indicators represent the 3 period Simple Moving Average and the 12 Linear Weighted Moving Average respectively. LWMA12 value is greater than SMA3 signals the bullish crossover. Conversely, LWMA12 moves below the SMA3 means the bearish crossover of the current market trend.
HeikenAshi Smoothed: One of the most popular forex trend indicators at the market. It turns green when the trend is bullish and turns white to signal the bearish trend of the market.
Trend Lord: Its job is to support the trend signals generated by other indicators of the system. It turns green means the confirmation of the bullish trend of the market. Oppositely, trend Lord turns white to validate the bearish trend of the market.
Buy Setup
1 LWMA12 moves above the SMA3 level
2 HeikenAshi Smoothed turns green
3 Trend lord turns green
4 Buy triggers when all of the above conditions are met
5 Set stop loss below the current swing low of the market
6 Exit long/take profit whenever HeikenAshi Smoothed turns white
Sell Setup
1 SMA3 moves above the LWMA12 level
2 HeikenAshi Smoothed turns white
3 Trend lord turns white
4 Sell triggers when all of the above conditions are met
5 Set stop loss above the current swing high of the market
6 Exit short/take profit whenever HeikenAshi Smoothed turns green
Chart Timeframes : ANY
Target Pips : 1M 7 Pips, 5M 15 pips, 15M 20 pips.
Pairs : Works on any pair recommend are GBPUSD, USDJPY, EURUSD
Trading Times : Tokyo Open, London open and New York open is the best time to open the trades,
Exits : The exit should be based on the indicators and major support and resistance areas
Metatrader Version : 4
Sell Setup
Chart Timeframes : ANY
Target Pips : 1M 7 Pips, 5M 15 pips, 15M 20 pips.
Pairs : Works on any pair recommend are GBPUSD, USDJPY, EURUSD
Trading Times : Tokyo Open, London open and New York open is the best time to open the trades,
Exits : The exit should be based on the indicators and major support and resistance areas
Metatrader Version : 4
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