DB Pivots Trading System comes up with a strategy that offers a complete trend-following forex trading solutions for the traders.
It applies a number of price-action based forex indicators for filtering both trend and trade signals. This system also uses a pop-up alert system so that you never miss a trade signal.
DB Pivots Trading System offers great flexibility in live tradings. It can be used for trading all kinds of forex currency pairs.
Moreover, this system can be applied to all sorts of timeframe charts within the MT4 platform.
NonLagMA 35: This indicator is the principal
trend identifying indicators of this system. It appears as a dynamic trendline,
used to apply a 35-day Moving Average system in order to detect the market
trends. It turns yellow when the trend is bullish and turns red to signal the
bearish trend of the market.
Pivots & SD Pivots: Mostly works as a
support/resistance or breakout levels. The SD Pivots plots the Semi-Dynamic key
levels of the market and automatically updates its position based on the
changes in price action.
RSIOMA 5: RSIOMA 5 is a momentum indicator
that supports or filters market trend signals. For long entries, there must be
a bullish crossover signal plotted by the indicator. Alternatively, a bearish
crossover is a must before you confirm a sell entry in the market.
DB Pivots: Buy Conditions
NonLagMA 35 turns yellow
Price is supported by Pivots & SD Pivots
RSIOMA 5 plots bullish crossover signals
Buy triggers when the above conditions are met
Set stop loss below the current NonLagMA 35 level
Exit long/take profit whenever the NonLagMA 35 turns into red color
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
