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Forex Simple system

Discussion in 'Forex Forum' started by kraven, Aug 14, 2015.

  1. kraven

    kraven Guest

    A while ago i show a friend how to create a simple multi time frame trend following system. He seems to like it, as 6 months later he still trades with it. So I thought i'd quickly post it here for traders who are 'lost' or fancy trying something simple

    One indicator (cci customcandles). set 'overbought' to 55 and 'oversold' to -45

    Go to daily and wait for a candle to close RED or GREEN

    If green then go to 4hr chart and look for buys
    If red go to 4hr chart and look for buys

    use on any pairs.

    .............its so simple it may have already been posted cause simple is best :D

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