Myfx Trend Trading System is a powerful system with an incredible winrate of 92.12%. Myfx Trend Trading System uses powerful trend trading strategies and uses three trend identifying indicators. These 3 custom indicators are the Fast, Medium and Major Trend Identifiers. Myfx Trend Trading System is simple to follow and can be used by a beginner or an inexperienced trader. Take a look at the following screenshot!
At the bottom of the above chart, you can see three colored bands. These are the Trend Direction Bands. The three Trend Direction Bands should have the same color of blue when you want to go long and they should have the same color of red when you want to go short. When trading with this system, we will be using a shorter timeframe. M5 timeframe is the best for this Myfx Trend Trading System. Below is a screenshot of this system in action!
As the above screenshot shows, this system made 78 pips and made a profit of $780 ( one standard lot was used for the trade). Below is another screenshot of this system in action!
As you can see from the above screenshot a long trade was made when the three Trend Direction Bands were showing the same blue color. When one of the trend direction band in this case the fast trend band changed color to red, the long trade was closed with a profit of 181 pips. So you can see how easy it is to trade with this system. Just make sure that the three bands have the same color. Enter long when the three bands are blue and enter short when the three bands are red. Close the trade when anyone of the band changes color.