Forex Space System

Intraday trading strategy Forex Space System is a simple system that uses arrow indicator signals with their subsequent filtering.

Input parameters:

Currency pairs: any with a low spread

Timeframe: M5-M30

Trading hours: London, new York

Risk management: choose such a lot size that the risk is no more than 2-5% of the Deposit per transaction

Signals indicating the opening of a purchase:

• a green up arrow appeared;
• the basement indicator bar is green

Signals indicating the opening of a sale:

• a red down arrow appeared;
• the basement indicator bar is red.

Setting stop loss and take profit:

• it is recommended to set the stop loss above/below the previous local high/low;
• it is recommended to set the take profit order in the ratio of 2:1 to the stop loss or near the Pivot level (an additional indicator is required).
• It is recommended to close the position when the arrow appears in the opposite direction.