Swing Extreme Trading System is a complete trend-following strategy system to spot trend based trading opportunities for traders along with all the necessary assistance surrounding their trading activities at the market.
Swing Extreme Trading System can be used to all kinds of forex currency pairs. Besides, it can be able to use at any timeframe chart. But recommended at H1, H4 and daily of timeframe.
After the installation completed at MT4, the main chart must be look like:
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| Swing Extreme Trading System |
Indicators:
- 100 EMA High & Low: This system has a narrow channel which is formed with 100-day period EMA based on high and low of the previously closed candlestick. For a bullish pattern, the price must be above this channel. If candlestick bars staying below this channel area means the bearish trend of the market is dominates.
- HMA-800: Detects the trend direction of the market short-term. It colored yellow when the trend is bullish while a bearish trend, it will be red.
- HMA-1000: Detects the long-term market trend directions. For a bullish trend confirmation the price must be closed above this level . While if the price closing below its level signals the trend is bearish dominate.
- MACD: A popular market momentum indicators among expert traders. Its positive value and rising means the momentum is bullish, while bearish momentum occurs if its value is negative and keeps falling further.
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| Swing Extreme Trading System Indicators |
Trading rule:
Buy entry:
- Price closing above the EMA channels.
- Two HMA are green and MACD>0.
- Put stop loss level below the EMA channels.
- Exit Buy whenever price returns to inside the EMA channels.
Sell entry:
- Price closing below the EMA channels.
- Two HMA are red and MACD<0.
- Put stop loss level above the EMA channels.
- Exit Sell whenever price returns to inside the EMA channels.
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| Swing Extreme Trading System Buy condition |
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| Swing Extreme Trading System Sell condition |
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