Forex Stealth System applies a versatile forex trading strategy that can be used for both swing trading and trend following trading purposes. This system has stressed on plotting easy demonstrations of trade signals so that traders with any level of trading experience can try and be benefited from it.
Forex Stealth System can be applied to trade all kinds of forex currency pairs available at the market. Besides, this system can be a good fit for all the timeframe charts between M1 to D1.
Fractals: Fractals are used to define the possible short-term swing levels of the market. A fractal arrow appears whenever a new swing high or low is created by the price action of the market.
Stealth Earlybird V10: It directly plots the trade signals for its users by plotting up/down arrows around the price bars. An uppish arrow below the price bar signals the buy entry and a downward arrow above the price bar represents the sell entry signal.
Stealth Buy Sell V10: Works as a trade signal filter. It turns green to support the buy signal entries and turns red to validate the sell entry signals generated by Stealth Earlybird V10.
Stealth LCS V10: It works almost as same as Stealth Buy Sell V10 to filter the trend momentums. It is green when the trend is bullish and turns red to validate the current bearish thrust of the market.
Stealth Hybrid: This indicator has been added to enrich the trend filtering strategy of the system. Stealth Hybrid is positive when the trend is bullish and turns to verify the trend as bearish.
Forex Stealth System: Buy Parameters
Fractal appears below the price bar
Stealth Earlybird plots an upward arrow
Both Stealth Buy Sell V10 and Stealth LCD V10 turn green
Stealth Hybrid turns positive
Buy triggers when the above conditions are met
Set stop-loss below the current swing low of the market
Exit long/take profit whenever Stealth Buy Sell V10 plots a down arrow
Forex Stealth System: Sell Parameters
Fractal appears above the price bar
Stealth Earlybird plots a down arrow
Both Stealth Buy Sell V10 and Stealth LCD V10 turn red
Stealth Hybrid turns negative
Sell triggers when the above conditions are met
Set stop-loss above the current swing low of the market
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.
How can the Stealth System be incorporated into an MT4 expert advisor?