FOREX GURU SYSTEM V3

Trading Instructions

Enter Buy

When the two Moving Averages cross upwards:

  • Guru-Angle: gives a green signal.
  • Forex Guru Histogram Indicator: gives a green signal.
  • Market Emotions Indicator: gives a green signal.

Enter Sell

When the two Moving Averages cross downwards:

  • Guru-Angle: gives a red signal.
  • Forex Guru Histogram Indicator: gives a red signal.
  • Market Emotions Indicator: gives a red signal.

Target and Stop Loss Settings

  • 15-Minute Chart: Target = 15 pips, Stop = 15 pips or Target = 20 pips, Stop = 20 pips (based on market volatility)
  • 30-Minute Chart: Target = 30 pips, Stop = 30 pips
  • 1-Hour Chart: Target = 50 pips, Stop = 50 pips
  • 4-Hour Chart: Target = 100-300 pips, Stop = 100 pips

Special Instructions for 4-Hour Chart:

  • Preferred to set a trailing stop of 100 pips.
  • Move the stop to the entry point after 100 pips, then continue to chase profits.

Exit Strategy

You can also exit when an opposite signal appears.

Optimal Trading Conditions

  • Perfect Session: Asian session (Tokyo, Sydney)
  • Best Currency Pairs:
    • EUR/USD
    • GBP/USD
    • USD/JPY
  • Best Time Frames:
    • 30 Minutes
    • 15 Minutes

Important Note

You should practice the strategy for at least one week (50 positions on a demo account) before trading live.