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Forex Trading System – Pip Hunter

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Description

Description

Forex Trading System – Pip Hunter

 

This system is trending oriented. The most important thing here is to determine the trend and trade with it.

FTS - Pip Hunter Strategy

FTS – Pip Hunter Strategy

 

So, how to do that?

 

The first thing that you will notice after indicator installation will be the trend dots.

 

Blue dots with Blue Line showing Bull Trend and the Red dots with Red Line showing the Bear Trend.

 

The main characteristic of the system:

  • Currency Pairs: Any
  • Trading Sessions: Any
  • Time frame: H4 and Above

 

BUY TRADE RULES

 

We use the LINE to determine the trend. Once the price goes above the LINE and it turns blue – the trend is BULL (Up Trend)

FTS - Pip Hunter Strategy - BUY RULES

FTS – Pip Hunter Strategy – BUY RULES

 

Then, every time the price retrace to the blue dots, add to your order and move the SL below the last swing.

FTS - Pip Hunter Strategy - ADD

FTS – Pip Hunter Strategy – ADD

 

You can keep moving your SL as each 4 HR bar closes and trail your profits all the way up until you get stopped out with a nice profit.

If you wish you could use a hard Take Profit and place it to 1:2 or 1:3 Ratio.

 

When the trend is UP, you should ignore Red dots. The trend becomes Down when the dots cross the Line and the Line turn Red.

 

SELL TRADE RULES

Once the price crosses below the LINE and the LINE turns RED it means the Bear trend is started.

 

FTS - Pip Hunter Strategy - SELL RULES

FTS – Pip Hunter Strategy – SELL RULES

 

You can keep moving your SL as each 4 HR bar closes and trail your profits all the way up until you get stopped out with a nice profit.

 

If you wish you could use a hard Take Profit and place it to 1:2 or 1:3 Ratio.

 

When NOT to trade?

When you see the LINE is flat we want to stay out of the market as no real trend is taking place.

FTS - Pip Hunter Strategy - NO TRADING

FTS – Pip Hunter Strategy – NO TRADING

 

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What to expect?

What to expect when you buy our products?

When you purchase our products, you will receive three files from us:

  • 1. A .zip file with the indicator/s and when it is available the template file;
  • 2. A manual how to use the Forex Trading Strategy;
  • 3. A manual of how to install it.

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