Trend Finder Daily Trading System

put this indicator in indicator folder here C:\Program Files\MetaTrader\experts\indicators
StochHistogram.mq4
Put this tpl file in the "templates folder" here C:\Program Files\MetaTrader\ templates
trend finder daily.tpl
Chart Setup:
Open a Daily Chart.
Add the trend finder daily Template to the chart.
Add a 200 Simple Moving Average.
Buy Signal:
1. Price is above the 200sma.
2. The Awesome Oscillator has changed to green.
3. The Stochastic Histogram has changed to green.
Sell Signal:
1. Price is Below the 200sma.
2. The Awesome Oscillator has changed to red.
3. The Stochastic Histogram has changed to red.
Money Management and Exit Strategy:
1. Open 2 trades which together risk no more than 3% of your total available balance.
2. Set a stop loss of -100 pips for both trades.
Trade 1: Set a take profit at +50 pips.
Trade 2: Set a take profit at +100 pips.
When you reach +50 pips, set the stop loss for the remaining trade to break even.
Time frame
- All Time frames
Currency pair
- All pairs
any Question about the system i am here to answer