This swing trading strategy provides signals based on a combination of 2 trend filters and 2 trend following indicators. Download 250+ Quality Metatrader 4 Indicators, Trading Strategies and Forex Systems for FREE! I have been using Walter’s system (scalping system #6-a) for some time now, practicing, modifying updating and trading.
Just as I have done with Walter’s original system upon this is based, you are free to modify it as you like.


If you take a look at Walter’s system that was linked at the top, you will see that he talks about momentum and the rainbow contracting and expanding.
There are many subtleties to any system, even if it is a relatively simple MA cross, so I cannot stress the importance of screen time.
As an aside, it would be good if the filter could stand up to testing, in which case I could post an indicator just for that filter if that would be of use.
The system can be used on any currency pair and is effective on the higher time frame’s, starting from the hourly charts and up.






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Comments

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    30.04.2013