Forex trading system “Tw version 8”
The trading system “Tw version 8” is designed for effective work on the Forex market. This system is the result of serious work of the developer, as it contains a large number of tools and algorithms that make the system fully ready for use. “Tw version 8” is a really reliable and strong Forex trading system. It is designed mainly to follow the trend, but also works well against the trend. However, here we will focus on trend trading.
“Tw version 8” consists of 12 indicators installed in the main chart and four indicators in the lower windows of the terminal. The system provides almost everything to make effective trading decisions. It automatically shows support and resistance levels, as well as information about highs, lows, spreads, candlestick time and divergence. The system is very versatile, it can be adapted to work on different timeframes, and for any currency pairs, indices, metals and stocks. In the latter case, a special broker will be required to trade shares.
There is also an indicator that shows the upcoming fundamental events with their impact on the market. This feature helps traders save time. In addition, the system also reports the market situation, indicating the percentage of buyers. Indicators installed in the lower part of the terminal are used to filter the signal, which is given by the indicators on the main chart.
Although there are quite a few indicators in this system, it is not necessary to study them all for successful trading. “Tw version 8” is a dynamic system that can be used in many ways, but we will now focus on the easiest and most effective method. There are moving averages, support and resistance, etc. on the main chart, but we are looking at the arrows. Buy when the color of the arrow is blue and sell when the color of the arrow is red, taking into account the readings of filtering indicators.
In the lower windows of the terminal there are indicators “Trend Session”, “FSP Aggressive Entry”, “Afl winner”, “Super Trend”. Buy signals are confirmed when the bars of these indicators become green and must be red to sell.
– There’s got to be a blue shooter.
– The bars of the “Trend Session” indicator should become green.
– The “Afl winner” indicator should be green.
– Super Trend” bars should become green.
– The bars of the “FSP Aggressive Entry” indicator should become green.
Stop-loss is set below the nearest minimum. The position closes when the red arrow appears.
– There’s got to be a red shooter.
– The bars of the “Trend Session” indicator should become red.
– The “Afl winner” indicator should be red.
– The bars of the “Super Trend” indicator should become red.
– The bars of the “FSP Aggressive Entry” indicator should become red.
Stop-loss is set above the nearest maximum. The position closes when the blue arrow appears.
Not all the features of the system are covered here. Each trader can use a set of tools in his or her own way. You can download the template and indicators by clicking the link below. The archive also contains Expert Advisors “StepStopExpert” and “TRADE MANAGER”, which simplify the trader’s work.