Trend Forex Trading Strategy

This simple forex trading system is using Relative Strength Index, stochastic, and two moving average indicators. In other word this strategy is based on popular forex trading indicators that already available in your metatrader 4. The accuracy of this trend trading strategy is quite good, and this system can gives reliable trading entry and exit signals. Trend forex trading system can be used in any currency pairs such GBPUSD, EURUSD, USDJPY, USDCHF, AUDUSD, GBPJPY, and other currency pairs. And you can choose any time frame to trade with trend Forex trading strategy.

And here are the forex technical indicator settings
- Relative Strength Index period 14, with 70, 50 and 30 levels
- Stochastic oscillator indicator 14,3,3
- Exponential Moving Average period 10
- Exponential Moving Average period 5

Trend trading system entry rules
Buy signals
- Exponential moving average period 5 cross above the Exponential Moving Average period 10.
- Stochastic oscillator indicator trending bullish, and not in overbought area (less than 80)
- Relative strength index RSI indicator is above 50
Sell Signals
- Exponential moving average period 5 cross below the exponential moving average 10
- Stochastic oscillator indicator trending bearish, and not in oversold area (above 20)
- Relative strength index RSI indicator is below 50



Trend trading system exit rules
- Exit trading if the Exponential moving average cross in the opposite direction
- Relative Strength index indicator RSI cross level 50 in the opposite direction
- Or you can use risk and reward ratio for your exit level. Use at least 1:2 risk and reward ratio for each trading position.
- Or you can use the trailing stop for your trading position, with moving the stop level if the market price trade in your trading direction.
This trend trading system is using very good trading filter, and give you better accuracy. But be careful with Exponential moving average this indicator can gives you early trading signals, you should wait another confirmation signals from Relative strength index and stochastic technical indicator.

Other posts
- Accumulation and Distribution Indicator
Usually, the accumulation and distribution indicator is one of the good forex trading indicators. This indicator is good traded together with trend indicators to open trading position.
- Multiple Moving Average Indicator
Multiple moving average is a initial good trading signal to give you if the Forex trading market is in big trend.
- Accelerator Indicator
Accelerator indicator is the most accurate trading indicator and perfect for identifying trading signals and reversal signals.
- 50 days moving average indicator
50 days moving average indicator is a favorite trend indicator setting and this moving average indicator is very accurate at determining trend direction in Forex trading.
- 3 ZZ Semafor
5 Zigzag semafor trading indicator can be an accurate indicator to read trend in short tern trading if used properly. This semafor indicator is usually traded to determine the trend direction in the market.