Forex Gain Formula

Forex Gain Formula is a trend followin strategy based on channel of moving averages filtered.

Setup strategy

Type: day trading, Swing Trading.

Style Trend followin.

Time Frame 15 min or higher.

Currency pairs any

Trading rules

Sell

1. Red candle bar closes below FGF_35SMA low line (you will receive alert).

2 2. FGF_BURDYS and FGF_FBURD indicators draw red bar

Buy

1. Blue candle bar closes above FGF_35SMA high line (you will receive alert)

2. FGF_BURDYS and FGF_FBURD indicators draw blue bar.

Exit rules: Exit trade when indicators turns agaist your trade direction. Trailing stop could be applied, stop loss for it depends on timeframe. Stop loss should be placed at previous low or high. Recommendation not to risk more than 2% of your initial capital per trade.

Examples of trade.