1-2-3 Trading System comes with multiple trend-following trading indicators in order to come up with a strategy that works for all kinds of forex currency pairs. Besides the market trends, it also finds key areas of the chart which are also considered as swing levels of the market.
However, this system works better when used for short-term purposes thus, suits great with M1 to M15 timeframe charts of the MT4 platform.
1-2-3 Trading System closely monitors the market data but delivers the trade signals in a very uncomplicated manner. Especially the newbie traders who are less experienced with the market can easily master it and try it for a demo.
1-2-3 Trading System Overview
Download the Trading System and install it at your MT4 terminal. Load the system and find your chart like the image below:
1-2-3 Trading System Explanation
- SaneFX 21: It uses a 21-day period of Moving Average specially customized for finding the changes in short-term market trends. The market is considered as in a bullish trend as long as the value of the indicator is less than the current price of the asset. Price moves below the indicator level mean the market is in a bearish trend.
- Alpha Profit V3: This indicator works as an assistant to SaneFX 21. Whenever price makes a successful break of the SaceFX 21 level (either way), this indicator signals it with arrows to confirm a possible bounce of the price movements.
- Pivot Points: It is a daily pivot point, used to identify the possible swing areas of the market. Price hits such levels, often treats it as support and resistances of the market. Pivot points also help you to project possible take-profit levels while trading in the market.
- Trend Power Visual: Trend Power Visual signals for the final confirmation of the market entry. It plots the final trade signal by plotting green stars around the price bars. The signals are generated based on the market states prepared by other indicators of the system.
Also Read: Exness Review
1-2-3 System: Buy Conditions
- Price level holds above the SaneFX 21 value
- Alpha Profit V3 plots up arrow below the price candle
- Price is supported by the current pivot level
- Trend Power appears below the price bar
- A buy can be triggered when all of the above conditions are done
- Set stop loss below the current SAneFX 21 level
- Exit long/take profit whenever Trend Power plots a star above the price candle
1-2-3 System: Sell Conditions
- Price level holds below the SaneFX 21 value
- Alpha Profit V3 plots down arrow above the price candle
- Price is resisted by the current pivot level
- Trend Power appears above the price bar
- A sell can be triggered when all of the above conditions are done
- Set stop loss above the current SAneFX 21 level
- Exit short/take profit whenever Trend Power plots a star below the price candle