Profitable Trend Forex System

Buy (Go Long): When price is trending up (as defined by our above
criteria), we look for a small stall or retracement, and then enter when
the trend resumes. Price retraces and makes HMA 5 changes its
direction from up to down. We enter when HMA 5 changes its direction
from down to up. It signals that the price has resumed its established
trend. During the entire retracement, however, HMA 12 direction is
still up (i.e. price only retraces a little bit, not enough for HMA 12 slope
to change). This is what distinguishes L1 signal from L2 signal.
Sell (Go Short): When price is trending down (as defined by our above
criteria), we look for a small stall or retracement, and then enter when
the trend resumes. Price retraces and makes HMA 5 changes its
direction from down to up. We enter when HMA 5 changes its direction
from up to down again. It signals that the price has resumed its
established trend. During the entire retracement, however, HMA 12
direction is still down (i.e. price only retraces a little bit, not enough
for HMA 12 slope to change). This is what distinguishes L1 signal from
L2 signal.

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