Diamond Power Trend Forex Trading System
The diamond power trend strategy is a strategy that is based on various indicators which use a 1-hour timeframe. This method works on EURUSD, GBPUSD and AUDUSD pairs.
Entrance to the position of being at korrellyatsii signals major indicators.
MT4 Indicators:
- Moving Average
- Momentum
- Uptow
- MACD
Buy Entry:
- The red line MA (main graph) crossed the green and is located above it.
- The momentum crossed the yellow line marked 100 and is located above.
- The green line UTPOW crossed with red and grows, red, decrease,
- The yellow line increases trap, and below the green histogram.
- MACD crossed zero line upwards.
Sell Entry:
- The Red Line MA (main graph), crossed the green and below it.
- The yellow line Momentum crossed 100 marks and below.
- The green line UTPOW crossed with red, and decreases, Red-growing.
- The yellow line trap decreases, and below the red histogram.
- The MACD crossed zero line down.
The recommended stop-loss is not lower than 40-50 pips,
Take-profit is not lower than 30.
When you have received 30-40 pips profit, move the stop-loss to the movement of currency.
Exit position on the opposite signal, or, depending on the exchange of additional signals (opposite the intersection of Momentum `st marks 100)
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