Forex Ghost trading system is based on the envelopes, momentum and strength indicators. The system uses precise signals which are confirmed by the currency pair’s trend and momentum. Find out more about this Forex trading system below or download and test it out yourself.
How to trade with Forex Ghost system
Forex Ghost works best on G10 currency pairs, such as EURUSD, USDJPY, GBPUSD, USDCAD, NZDUSD, and AUDUSD. The system is most suitable for trading in M15, M30, H1, or H4 timeframes.
In order to long an instrument, Envelopes should (preferably but not necessarily) be slopping to the upside or flat and price needs to reach one of the lower limits which act as dynamic support levels.
A blue dot signal needs to be visible on the chart;
Stochastic should be near oversold 20 level crossing from the bottom up;
RSI should be indicating oversold market crossing 30 level from the bottom up;
Williams% R and Money Flow Index should be oversold.
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