5min “The Force basic setup” Trading System

5min “The Force basic setup” Trading SystemPair: Eur/Usd

Time: 5min

Sessions: Any, but I only trade during the assian and euro
session.

Trading Indicators

MACD: 12,26,1 ( 1
means nothing )

Stochastic:
5,3,3

EMA: 5 to the
close

EMA: 5 to the
open

*no trades during news times*

*Risk is set to 1%*

*Take profit is random based on market conditions but ill usually
cash

out based on reversal patterns or a cross of the two ema’s*

Trade signals are only confirmed on closed candles/bars.
Buy
Signal

a) When the stochastic crosses up from the 20 line and is
not

ovebought

b) The MACD closses higher than the previous time interval

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c) The Signal candle/bar closes higher bullish

d) The 5 ema to the close has crossed the 5 ema to the open

Stop
Loss is the low of the previous candle
or 20 pips but 20 pip min.

Close when the 5 ema to the close has crossed the 5 ema to the open

Sell Signal

a) When the stochastic crosses down from the 80 line and is not

oversold

b) The MACD closses lower than the previous time interval

c) The Signal candle/bar closes lower bearish

d) The 5 ema to the close has crossed the 5 ema to the open

Stop
Loss is the high of the previous candle or
20 pips but 20 pip min.

Close is based on price
action.

5 min trading System "The Force"

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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