Forex trading system “ActionTrade”
This system is designed for short-term trading – scalping on a one-minute timeframe. ActionTrade is suitable for major currency pairs with small spreads, such as AUD/USD, GBP/USD, EUR/USD. However, the spread size depends on the choice of broker. How to choose a forex broker, you can find out on our website. The system is quite complex, as it has ten indicators.
1. Kino T3 Ma Ribbon filled;
2. Kijun Tenkan (default);
3. RD Pivot Line;
5. Ma Candles;
6. Zig Zag Pointer;
7. Spud Fibo;
8. Fx Prime V Final;
9. Kino close under ribbon;
10. DoubleCCI With Sma.
All these indicators serve different purposes. The main direction of trade is determined by the indicators “Kino T3 Ma Ribbon” and “Kino close under ribbon”. “Kijun Tenkan confirms the trend and the Ma Candles indicator colours the candles red or white according to the trend. Specifies the direction of the indicator “Je-Bar”. It is displayed on the main chart with blue and black arrows. The RD Pivot Line, Spud Fibo and Zig Zag Pointer indicators show levels and pivot points. The other indicators serve as signal filters.
This chart shows an example of opening a Buy position. If the bars of the “Kino close” indicator are green, a blue arrow and white candles appeared, we wait for the intersection of the “DoubleCCI With Sma” indicator lines upwards and the appearance of a green bar in the “Fx Prime V Final” oscillator window. The stop loss is set 8-10 points below the opening level, and the position closes at the nearest Fibonacci levels or when a red candle appears.
The conditions for sales are the opposite. When the bars of the “Kino close” indicator are red, after the black arrow and red candles appear, we wait for the lines of the “DoubleCCI With Sma” indicator to cross down and red bars to appear in the “Fx Prime V Final” oscillator window. The stop loss is set at 8-10 points above the opening level, and the position closes at the nearest Fibonacci levels or when a white candle appears.
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