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FX Market Code trading system.

$65

  • Type of strategy: Scalping or Day trading
  • Platform: Metatrader 4
  • PDF Manual
  • Currency pair: Any
  • Trading time: Every time
  • Timeframe: M15 , M30 ,H1
  • Instant Download in Zip file
  • Recommended Broker:Ā ICMARKET.COM

Welcome to the FX Market Code trading system.

YouĀ areĀ goingĀ toĀ learnĀ howĀ toĀ tradeĀ anĀ efficientĀ andĀ profitableĀ tradingĀ system.

ThisĀ isĀ whatĀ theĀ systemĀ looksĀ like:

TheĀ indicatorĀ insideĀ ofĀ theĀ priceĀ sectionĀ ofĀ theĀ chartĀ isĀ calledĀ theĀ MarCoĀ indicator.Ā The oneĀ belowĀ theĀ priceĀ isĀ calledĀ theĀ MarCo-OsMA.

The FX Market Code trading system capitalizes on the essentials of the market movement.

TheĀ marketĀ movesĀ inĀ aĀ trendingĀ manner,Ā andĀ insideĀ ofĀ thoseĀ trendsĀ itĀ movesĀ inĀ waves. TheĀ MarCoĀ indicatorĀ willĀ firstĀ identifyĀ theĀ trendĀ directionĀ andĀ thenĀ identifyĀ theĀ waves. TheĀ OsMAĀ willĀ thenĀ takeĀ overĀ andĀ validateĀ theĀ waveĀ strength.

Indicators

MarCo

Marco is the indicator that runs through the price. It does 2 things for us:

1.Ā Trend:

ItĀ identifiesĀ theĀ overallĀ trendĀ direction,Ā thisĀ isĀ theĀ directionĀ weĀ wantĀ toĀ trade.

2.Ā Pullbacks:

ItĀ identifiesĀ theĀ pullbacksĀ withinĀ theĀ trendĀ andĀ thenĀ identifiesĀ whenĀ theĀ trend resumes, giving us entryĀ signals.

There is a Blue line that runs through the price. This is the 50 Day Moving Average that is commonly used by traders all over the world to determine trend direction. When price is above the 50 Day, the trend is up. When the price is under the 50 Day, the trend is down.

Bullish MarCo

When price is above the 50 Day Moving Average, the MarCo indicator will print Green bars. The Marco will print Bright Green bars when the price is moving with the trend, or upward and away from the 50 Day Moving Average. The MarCo will print Dark Green bars when the price begins to move against the trend towards the 50 Day Moving Average.

Once the pullback has finished and the market begins to move back in the trend direction, MarCo will start to print Bright Green bars once again.

Bearish MarCo

When price is below the 50 Day Moving Average, the MarCo indicator will print Red bars. The Marco will print Bright Red bars when the price is moving with the trend, or downward and away from the 50 Day Moving Average. The MarCo will print Dark Red bars when the price begins to move against the trend towards the 50 Day Moving Average.

Once the pullback has finished and the market begins to move back in the trend direction, MarCo will start to print Bright Red bars once again.

The pullbacks are what we want to see when looking to take a trade.

In an uptrend, we want the MarCo to start with Bright Green bars, then print Dark Green bars and then turn back to Bright Green.

In a downtrend, we want the MarCo to start with Bright Red bars, then turn to Dark Red bars, and then turn back to Bright Red.

Trend

The MarCo indicator is how we are going to know what direction the trend is and then what direction to trade.

I want to take a moment and look at why we want to trade with the trend direction and not trade against it.

Of course, there are counter-trend trading opportunities, but those opportunities are fewer than the trend-following opportunities, and they are harder to pinpoint.

Trend-Change Trade

This is the first trade setup that we will come across.

TheĀ trendĀ changesĀ fromĀ upĀ toĀ downĀ orĀ fromĀ downĀ toĀ up.Ā WeĀ willĀ findĀ opportunityĀ in these trendĀ changes.

Long Trend-Change Rules

  1. Price crosses and closes above the 50 Day Moving
  2. The MarCo-OsMA is printingĀ BrightĀ GreenĀ 
  3. Enter on the close of the first candle that closes above the 50 Day MA and has a Bright Green OsMA.
  1. Stoploss goes under the lowest low of the last 3 closed candles (this will include the signal candle).
  2. Take Profit is 1:1.

Short Trend-Change Rules

  1. Price crosses and closes below the 50 Day Moving
  2. The MarCo-OsMA is printingĀ BrightĀ RedĀ 
  3. Enteron the close of the first candle that closes below the 50 Day MA and has a Bright Red OsMA.
  1. Stoploss goes above the highest high of the last 3 closed
  2. Take Profit is 1:1

 

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