Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Intrepid Trading

Intrepid Trading is a forex trading system that is designed to swing trade in the Market. The Intrepid Trading system can be used to scalp as well as trade in long term time frames like H4, and daily chart as well. There are several indicators used in this forex trading system which will give you very accurate trading signals. The Intrepid Trading system is very easy to use and it is easily understandable. The technical indicators in the main chart window generate the buying and selling signals while the indicators in the indicator window verify the trades generated by those indicators. When all of the signals generate the same signal, you pull the trigger.

In total there are nine technical indicators used in Intrepid Trading system but it’s not necessary to use all of those indicators to trade profitably with this forex trading system. When the Intrepid Trading system is correctly installed in your trading platform, your chart should look like this:

  • Super Signals Channel

Super Signals Channel is the main signal generator indicator of this forex trading system. The black arrows that you see above and below the market are Super Signals Channel. There are also two bands above and below the market. These bands work as support and resistance levels. When the market touches the lower band, it’s a warning that the demand is higher at that point whereas when the market touches the upper band, it’s an indication that the market will get supply in that zone.

  • PB Direction

PB Direction is the technical indicator. PB Direction lets you know the direction of the market. Basically these bars filter the randomness of the market. When the bars are green, you should be buying and when the bars are red you should be selling.

Download My New Forex Coppock Gaussian Indicator

  • PBF Trend Bars

PBF Trend Bars indicators consist of green and red dots. You should buy only when there are green dots. You should sell only when you see red bars. There are two versions of PBF Trend Bars indicator being used in this forex trading system. Both of them function in similar way.

  • CZI

CZI consists of various bar colors but you should focus in blue and brown color bars. Blue bars indicate buying pressure while the brown bars indicate selling pressure.

  • MACD

There is custom made MACD indicator at the bottom of the chart. This MACD doesn’t contain any oscillators. When the MACD histogram is in positive territory, you should look for buying opportunities and vice versa.

Buying Conditions Using Intrepid Trading.

  • Price should be around Super signals Channel.
  • A black arrow should appear below the market.
  • The PB bars should be green.
  • The PBF Trend bars should form green dots.
  • The CZI indicator should form blue bars.
  • The MACD histogram should be in positive territory.
  • Place your long position as soon as above conditions are met.
  • Place your stop loss just below the recent swing low.
  • Take your profit when a black arrow appears above the market.

Selling Conditions Using Intrepid Trading.

  • Price should be around Super signals Channel.
  • A black arrow should appear above the market.
  • The PB bars should be red.
  • The PBF Trend bars should form red dots.
  • The CZI indicator should form brown bars.
  • The MACD histogram should be in negative territory.
  • Place your short position as soon as above conditions are met.
  • Place your stop loss just above the recent swing high.
  • Take your profit when a black arrow appears below the market.

Download Free Forex Intrepid Trading Strategy

Our community traders work with XM.com brokerage company. If you are thinking to open demo or real forex trading account we recommend XM. They currently offer up to 5000$ bonus on your deposit find details below:

Open Forex Account

 

Open Forex Account

The post Intrepid Trading appeared first on Forexobroker.



This post first appeared on Forexobroker – Download Our Forex Strategies And, please read the originial post: here

Share the post

Intrepid Trading

×

Subscribe to Forexobroker – Download Our Forex Strategies And

Get updates delivered right to your inbox!

Thank you for your subscription

×