This system can be used for short and medium term trading in the Forex market. If you use an hourly timeframe, the transaction is closed within 1-2 days. When working on a four-hour chart, the position holding time can be up to two weeks. Currency pairs should be selected for trading in medium and highly volatile currencies. The main indicator of the system is “Price Move”. It consists of two moving averages: fast blue and slow red. Two more indicators are displayed in the lower windows of the terminal in the form of histograms and pointers. The “Market Strength” (or IDT2) indicator determines the strength of the current trend direction and is fixed in the range of minimum (1) and maximum (3). Correspondingly, the color of the histogram bars of this indicator shows the direction of the trend: blue – the strength of the uptrend, yellow – sideways movement or flute, red – the strength of the downtrend.The “Market Direction” (or IDT1) indicator is intended for trend detection only. The settings of this indicator are identical to the previous one. The arrows show the direction of the trend at the moment (blue arrows – upwards, red – downwards).
Example of trading on an hourly chart. A Buy trade is opened after the blue line of the “Price Move” indicator has crossed up the red line. The “Market Direction” indicator with both arrows shows the upward direction, and the “Market Strength” indicator with the blue bar indicates the sufficient strength of the trend. Closing in this case occurred when the opposite signals appear. The position was held for a day and closed with a profit of about 70 points.
This figure shows the sale on a four-hour chart. Here the blue line of the “Price Move” indicator has crossed down the red line. The “Market Direction” indicator with both arrows shows the downward direction, and the “Market Strength” indicator with the red bar indicates the sufficient strength of the trend. Closing in this case also occurred when the opposite signals appear.The stoploss in this system is installed above or below local extrema. There are two ways to close trades. In the first case, a fixed takeprofit is set equal to two stop loss sizes. In the second case, deals are closed when opposite signals appear.Download system files