Center The Gravity Forex Trading Strategy-Center Of Gravity Indicator

The center of Gravity Forex Trading Strategy is based on an indicator called the center of gravity indicator. It can only be used in the MT4 Trading Platform.

Here’ the link to download the center of gravity indicator:   Center of Gravity 1

Here’s the idea behind this center of gravity indicator:

• there are 5 lines on the center of gravity indicator.
• the middle line is the center of gravity line.
• when center of gravity line is pointing up, you only look to buy when price goes down and touches the two lower lines.
• when center of gravity line is pointing down, you only look to sell when price goes up and touches the two top lines.

Currency Pairs: Any

Timeframes: 5 minutes and above

Forex Indicator: center of gravity indicator given above.

 

CENTER OF GRAVITY FOREX TRADING STRATEGY RULES

For selling:

1. Center of gravity is pointing down
2. price goes up and touches either one of the two top lines, you sell.
3. place your stop loss outside of the line by a few pips or high of the candlestick that touched the line.
4. take profit when price goes down and hits the center of gravity line.

For buying:

1. center of gravity line is pointing up
2. buy when price goes down and touches either one of the two lower lines.
3. place your stop loss outside of the line that is touched or below the low of the candlestick that touched the line.
4. take profit when price goes up and touches the center of gravity line.

 

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