Submit by Lucien 24/07/2015
Anchor Fx system is a trading strategy based on tha Anchor FX indicator and Bollinger Bands Squeeze.
Finanacial markets: forex.
30 Min or higher.
Metatrader indicators: EMA 4 , EMA 13, Anchor fx indicator, Bollinger bands Squeeze.
Trading Rules Anchor FX System
The rules for long entry are as follows.
When a “long possible” signal to appear on the chart if the EMA 4 is above EMA 13 and Bollinger Bands Squeeze has aqua dots buy at market.
When a “short possible” signal to appear on the chart if the EMA 4 is above EMA 13 and Bollinger Bands Squeeze has aqua dots sell at market.
Take profit at each support level shown on the chart. Once you reach first profit target, move your stop-loss to entry point.
30 pips (30 Min time frame), 60 pips (4 Hours).
Advantages: this trading system is clear and is an usefull tool for trading.
In the pictures Anchor FX System in action.