Kwu Forex Trading System

The Forex Kwu Trading Strategy is a trend-following forex trading system known for its ease of use and reliable, accurate signals. Suitable for both beginner and experienced traders, the Kwu system can be applied to all currency pairs and time frames, with the best results achieved on charts above 5 minutes as they can help filter out some of the noise from the lower chart timeframes. The strategy employs four technical indicators on the main chart and two filtering indicators, all designed to simplify market analysis and determine the direction of the trend. The indicators provide an average price action, showing the direction of the market.

What is the Kwu Forex Trading System?

The Kwu Forex Trading System is a relatively simple strategy that is designed to help traders identify trend direction and make trades accordingly. It is based on the idea that prices tend to move in trends, and the goal of the system is to help traders identify when a trend is forming and when it is likely to end.

Kwu Forex Trading System - MT4
Kwu Forex Trading System – MT4

Key Features of the Kwu Forex Trading System

  • Based on trend-following principles.
  • Simple to understand and implement.
  • Can be used on various time frames and currency pairs.

Kwu Forex Trading System Indicators

  • Rads Walls 4: A custom candlestick chart that averages prices to display the overall market trend, reducing market noise.
  • Hull Moving Average 9: A custom-made red moving average seen on the main chart.
  • HullsMoving Average 20: A blue moving average seen on the main chart that moves slower than Hull Moving Average 9, and its crossovers can indicate market direction.
  • Continuation: A technical indicator used as a filtering tool, represented by green and red bars that signify buying and selling pressure, respectively.
  • TSV: A trend-filtering indicator similar to Continuation, represented by red and blue bars that indicate bearish and bullish pressure, respectively.

Kwu Forex Trading System Strategy

Buy Signal

  • To trade using the given indicators, ensure that the Rads Walls -4 indicator is below the market level, and the market level is above both Hulls Moving Averages 9 and 20.
  • Look for the Continuation indicator to form green bars and the TSV indicator to form blue bars.
  • Then place a long position with a stop loss just below the recent swing low.
  • Take profits when the TSV indicator forms red bars.
Kwu Forex Trading System Buy Signal
Kwu Forex Trading System Buy Signal

Sell Signal

  • This is a trading strategy that involves identifying specific conditions in technical analysis indicators and placing trades based on those conditions.
  • The strategy suggests going short (selling) when the Rads Walls -4 indicator is above the market level and both moving averages are below the market level.
  • The Continuation indicator shows red bars, and the S.V. indicator forms red bars.
  • The stop loss should be placed just above the recent swing high.
  • The profit should be taken when the S.V. indicator forms blue bars.
Kwu Forex Trading System Sell Signal
Kwu Forex Trading System Sell Signal

Pros & Cons

Pros

  • Easy to understand and implement.
  • Can be used on various time frames and currency pairs.
  • Based on a sound principle of trend-following.

Cons

  • Not suitable for short-term traders as it may generate fewer signals than other systems.
  • Can generate false signals in a ranging market.
  • May result in significant losses if not used with proper risk management techniques.

Conclusion.

The Kwu Forex Trading System is a simple and effective strategy that can be used by traders of all levels of experience. It is based on the idea that prices tend to move in trends, and its goal is to help traders identify when a trend is forming and when it is likely to end. While the system has its pros and cons, traders who are patient and use proper risk management techniques can benefit from its use.

Free Forex Robot