The White Trend Forex Trading System
The white trend trading system is based on signal WPS metatrader indicator. This is a comprehensive and easy to use. This is useful to a 4-hour or daily timeframe. This works best in all currency pairs.
Metatrader Indicators:
- -1 Signal WPS,
- -2 7EMA and 16 EMA (smoothed),
- -3 MACD (5, 15,1),
- ADX(14)
Buy Entry:
- The green bar must appear.
- The ADX(13) is greater than 25.
- EMA 7 is greater than EMA 16.
- The MACD is greater than 0.
Sell Entry:
- The red bar must appear.
- The ADX(13) is greater than 25.
- EMA 7 is less than 16 EMA.
- The MACD is less than 0.
Exit Position:
Place stop loss on the entry at higher or lower and to take profit when the price touches the 16EMA .
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