The WMA Daily Trend Catcher

The WMA Daily Trend Catcher works best on the Daily timeframe for jumping on board big
trends.
In truth, you’re going to get a few losing trades before you get huge
winner (but it will be worth it!).
Time Frame: Daily.
Currency pairs: any.
Markets: Forex, Futures, Indicies.

Indicators:
5wma, 15wma and 50wma.

Top Tip: Using Price Action with this system will boost your success by
decreasing the number of losing trades you have.

Long Entry
Buy when 5WMA crosses above 50WMA.
Exit when 5wma crosses below 15wma.

Short Entry
Sell when 5WMA crosses below 50WMA.
Exit when 5wma crosses above 15wma.

Place initial stop loss on the previous high/low swing.
Profit Target optional ratio 1.5 stop loss. (example if stop loss is 100 pips, profit target is 150 pips.)

The WMA Daily Trend Catcher
The WMA Daily Trend Catcher (Buy Example)



















The WMA Daily Trend Catcher
The WMA Daily Trend Catcher (Sell Example)

Related

Daily Strategies 995422044039375382

Post a Comment

emo-but-icon

item