Action Trade Forex Trading System

Action Trade Forex Trading System is a system strategy that follow the current trend. Action Trade Forex system is very simple forex trading system which you can use for scalping and swing trading purposes. Actually this system was designed for scalping trading with a 1 minute timeframe, but it can also works on all timeframes. Action Trade Forex Trading System can be highly profitable when the system is used well. The interesting part of this system is that there are few indicators which make the analysis part easier. Consistent result is one of the special features of this system trading. You can apply it on any currencies pair and on any timeframe.

After the Action Trade Forex Trading System has been installed on MT4 platform and loaded , your chart should look like this.

Action Trade Forex Trading System

INDICATORS

This forex trading system uses more than 4 indicators but these four indicators are major one, if these four indicators are used properly they are enough to generate consistent profit.

JE-Bar Trend

JE-Bar Trend is Heiken Ashi indicator like bars that you see on main chart. They are basically averaged bars which filter the noise of market and gives output of smoothed and clean charts. This chart may helps you to stay in direction of the trend as small counter trend moves will ignored by this indicator. The white bars indicate bullish market conditions while the red bars indicate bearish market conditions.

Arrows

Blue and black arrows appear on the main chart, Blue arrows indicate bullish market and Black arrows indicate bearish market.

Fx Prime indicator

Fx Prime indicator forms green and red bars, The red bars indicate bearish market conditions, the green bars indicate bullish market conditions.

Double CCI with SMA

Double CCI with SMA consist of green and orange histograms which is also backed by oscillator, you can focus only on histograms, when the histogram is positive value indicate market bullish, while the histogram is negative value indicate the market bearish.

Action Trade Forex Trading System Indicators

Rule Of Action Trade Forex Trading System

BUY Entry

• The currency pair you're watching should be up trending.
• Currency pair should be bouncing from the recent support level.
• A blue arrow should appear below the market bar.
• The FX prime indicator should be green colour.
• Double CCI with SMA histogram should be positive value.
• Place a buy order when all of the above conditions are met.
• Place your stop loss just below the recent swing low.
• Take your profit when a black arrow appears above the market bar.

Action Trade Forex Trading Buy condition

SELL Entry

• The currency pair you're watching should be down trending.
• Currency pair should be bouncing from the recent resistance level.
• A black arrow should appear below the market bar.
• The FX prime indicator should be red colour.
• Double CCI with SMA histogram should be negative value.
• Place a sell order when all of the above conditions are met.
• Place your stop loss just below the recent swing high.
• Take your profit when a blue arrow appears below the market bar.

Action Trade Forex Trading Sell condition

DOWNLOAD

Read Also:

Simple Sibuk System Trading
Forex Brain Trend Trading System