Trend Striker Extreme - generates over 200 pips daily

Trend Striker Extreme is a trend indicator, designed to trade on the major currency pairs. According to the developers Forex Trend Striker is capable of giving more than 200 pips profit daily. This is a simple trend following forex indicator specially designed for novice traders. It signals the current status of the trend based on the last 48 candles for the selected time period. It also shows the strength of the trend and spread information in the upper left corner of the chart. But by itself, I note that this is only possible on a very volatile market, which is present in the European session.
Characteristics of the Trend Striker Extreme
- Platform: Metatrader4
- Currency pairs: Major pairs
- Trading Time: European session
- Timeframe: Recommended M15 or higher
- Recommended broker: InstaForex, Roboforex, XM
Trend Striker uses a very simple technique to showcase trending market signals. It displays colored vertical lines to signal market trends. The color of the lines turns blue if the trend is bullish and red if the trend is bearish.
Whenever the indicator signals a change in the market trend, you need to look for a candlestick bar that matches the trend signal to confirm the open position. To exit a trade, you can either wait for a signal opposite to the trend to enter, or exit when the desired risk / reward ratio is reached.
Open Long position, when the Forex Trend Striker indicator was colored blue. Exit, when the indicator will change to red or Take Profit, the size of which can be pre-set in the settings of the indicator.
Open Short position, when the indicator Trend Striker Extreme will turn red. Exit when the indicator turns blue.
Stop Loss set at High / Low third candle, as shown below:
In the archives Trend_Striker_Extreme.rar (186,0 Kb):
- TrendStrikerExtreme.ex4
- Trend Striker Extreme Manual.pdf
Free Download Trend Striker Extreme