Gann with NPFX Trading System

Gann with NPFX Overview
Gann with NPFX strategy

Gann with NPFX Trading System is a forex trading system which is suitable for swing traders. Gann with NPFX can be a profitable forex trading system if you trade patiently. You need a lot of patience to trade with this forex trading system because you have to wait for the right trading signal. You must understand that every signal generated is not a trading signal. You must be able to choose the best signal that is better than others. There are five technical indicators. Three of them are in the main chart window while the other two are in the indicator sperated window.

Mt4 Indicators:

Gann Hilo Activator Arrow
Simply put, this is the arrow that you see in the main graphical window. When the arrow is pointing up, it is a buy signal and when the arrow points down, it is a sell signal.

Testing
The dashed moving average that you see in the main graph is the Testing indicator. When the market price is above this indicator, it is a bullish signal when the market is below this indicator, it is a bearish market condition.

NPFX
The NPFX indicator is located in the indicator window below main chart. When this indicator tends to rise, usually the market will rise and vice versa. NPFX is the oscillator indicator. Basically, you have to buy when the NPFX indicator is bullish and you have to sell when the NPFX system is bearish. There are two versions of the NPFX indicator in this system. It is best when both are combined to reach a trading decision.

Buy entry:

Gann with NPFX Trading System Buy condition
Buy condition

  • The Gann Hilo Activator Arrow indicator (arrow pointing up) will appear below the market.
  • The market must be above testing
  • NPFX indicators must be positive.
  • Open buy position when all above conditions are met.
  • Put stop loss below the recent swing low.
  • Take your profit when the Gann Hilo Activator Arrow indicator (arrow pointing down) appears above the market.

Sell entry:

Gann with NPFX Trading System Sell condition
Sell condition

  • The Gann Hilo Activator Arrow indicator (arrow pointing down) will appear above the market.
  • The market must be under testing
  • The NPFX indicator must be negative.
  • Open sell position when all those conditions are met.
  • Put stop loss above the recent swing high.
  • Take your profit when the Gann Hilo Activator Arrow indicator (arrow pointing up) appears below the market.



0 Response to "Gann with NPFX Trading System"

Post a Comment