The DDFX Trading System represents an MT4 forex trading strategy for analyzing price levels, market trends, and sentiments as well. This system is mainly focused on determining the bull and bear power behind the price and depends on market sentiment analysis besides assessing the trend conditions.
The Golden Line is a 250-period moving average. It gives you a long-term overview of dynamic S/R and trend directions. Besides, the BBand Stop is there to help you in spotting the short-term support/resistance levels of the price.
The two oscillators at the bottom represent DDFX Major Trend and DDFX Market Sentiment. These tools determine the current trend status and the sentiment behind the price movements.
Buy Signal Generation with DDFX Trading System
The price holds its position above the Golden line indicates the long-term trend is bullish. Next, we need to confirm the price finds support at the BBStop level. Once you’re confirmed with the levels, look for blue DDFX Major Trend bars making sure the trend is in bullish momentum.
Finally, the DDFX Market Sentiment bars turn blue means the overall market sentiment is bullish. Once you go long, hold the order until the BBand Stop plots a red resistance line above the price level.
Sell Signal Generation with DDFX Trading System
In this above sell setup, the DDFX Neuro Trade bars turn red and closes below the Golden line which confirms the market has initiated a bearish trend.
Also, the BBand Stop plots a red resistance level above the price showing the dynamic stop level of the current bearish trend. Next, both DDFX Major Trend and Market Sentiment bars turn red confirming a sell signal.
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The DDFX Trading System is good for applying on all timeframe charts of the MT4 platforms. So, you can use this versatile forex trading system for both intraday and day trading signals.
Most importantly, this system supports trading all types of major financial assets such as forex, stocks, indices, cryptocurrencies, and more.
Beginners may find the DDFX Trading System quite useful for its easy trading rules and simple chart demonstrations of highly effective trading signals.