WAMA Forex Trading System

WAMA Forex Trading System is one of the most favorite and admired trend-following Forex trading systems to its users.  Besides its best Forex trend indicator ‘Signal Mantapz’, it also uses dual channel EMAs and world-famous MACD as the trend filter.This combination has made this indicator more effective and a better performer in the live market.

WAMA Forex Trading System is suitable to any timeframe chart and on any Forex currency pair. Therefore, from newbie to experienced professionals traders, anybody can be benefited from this acurate proven trading System.

After the installation is completed, WAMA Forex Trading System will look like following figure on MT4 chart.

WAMA Forex Trading System

INDICATORS:

80 EMA (High & Low): 2 channel lines of 80-day period Exponential moving Average are used by system which based on high and low of the previous closing prices respectively. This channel work as a trend separator track. If price staying above the channel signals the bullish trend while holds below the channel the trend is bearish.

MACD: One of a popular Forex momentum indicator. A positive value signals the bullish momentum while a negative value represents the bearish momentum. The line moves away from its zero/neutral level indicates strength of momentum either up or down.

Signal Mantapz: Work as a trend signal filter if bars turn blue initiated with a blue dot means the bullish trend. While a red dot following series of red bars validates the bearish trend of the market.

WAMA Forex Trading System

RULE of WAMA Forex Trading System

BUY Entry

• Bar price closes and stays above the 80EMAs (both High & Low).
• MACD turns above its zero level.
• Signal Mantapz bars turn blue with a blue dot ahead.
• A bullish candle is formed at the same time.
• Set the BUY order when all the above conditions are met.
• Set stop loss below the low of the respective bullish bar.
• Exit long/take profit whenever Signal Mantapz plots opposite signal.

WAMA Forex Trading System BUY conditions

SELL Entry

• Bar price closes and stays below the 80EMAs (both High & Low).
• MACD turns below its zero level.
• Signal Mantapz bars turn red with a red dot ahead.
• A bearish candle is formed at the same time.
• Set the SELL order when all the above conditions are met.
• Set stop loss above the low of the respective bullish bar.
• Exit long/take profit whenever Signal Mantapz plots opposite trend.

WAMA Forex Trading System SELL conditions

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