free download Fox Pivot Trading System for mt4
Fox Pivot is an intraday trading system, based on the fast movement on the pivot dynamic levels (Fox Pivot Indicator)
Time Frame H1
Markets: (Forex Major, Indicies).
Fox Pivot indicator:
yellow line ( pivot level)
1° blue line r1 (resistance level)
2° blue line r2
3° blue line r3
1° red line s1 (support level)
2° blue line s2
3° blue line s3
Rules for Fox pivot trading System
Long Entry
place 1 pending 2 pips above r1 (target r2 or 18 pips stop loss pivot line yellow).
place 1 pending order 2 pips above r2 (target r3 or 18 pips stop loss s1).
Short Entry
place 1 pending 2 pips below s1 (target s2 or 18 pips stop loss pivot line yellow).
place a pending order 2 pips below s2 (target s3 or 18 pips stop loss s1).
Reversal Entry
Short Entry
When the price retraces from area r2 and r1 place a pendig sell order on the pivot line (target s1 or 18 pips stop loss r1).
Long Entry
When the price retraces from area s2 and s1 place a pending buy order on the pivot line (target r1 or 18 pips stop loss s1).
Happy trading
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