Cougar FX System is designed for swing/scalping trading. It is a very simple forex trading System and it can be used by any traders level, either newbie trader or expert.
Cougar FX System can be used independently as well as combined with other filtering tool. Cougar FX System generates trading signal on main chart window so you can add other filtration tools like MACD histogram in the System. When you download this System you have three template options. You can choose among aggressive, standard, and safe strategy.
This system has two indicators, the major indicator as arrows on main chart window which generates the main signal, the other on top right there is a box containing few info about currency pairs you are trading. The arrows indicator produces the signals, if it's blue indicates bullish trend and red one means opposite way. You can apply this system on major currecy pair and use timeframe of M5, M15, and H1.
After installation is finish, Cougar FX System Strategy will appears as following image.
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| Cougar FX System Strategy |
RULE of Cougar FX System Strategy
Buy Entry
- Currency pair you are watching should be up trending.
- Price bars should be bouncing from recent support level.
- A blue arrow should appear below the bar price.
- Place your Buy position when above conditions are met.
- Set stop loss below the recent support level.
- Exit when a red arrow appears above the market bars price.
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| Cougar FX System Strategy Buy condition |
Sell Entry
- Currency pair you are watching should be down trending.
- Price bars should be falling from recent resistance level.
- A blue arrow should appear above the bar price.
- Place your Sell position when above conditions are met.
- Set stop loss above the recent resistance level.
- Exit when a blue arrow appears below the market bars price.
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| Cougar FX System Strategy Sell condition |
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