Trend Following Trading Forex Strategies With More Filter

Submit by Gemb’s Trader (23/03/2017)

Trend Following Trading Strategies With More Filter is a trend following forex strategy based on a Correlation Pairs Indicator. This strategy is designed only for transactions when the market is trending, so that the risk of loss can be reduced as small as possible.
With this strategy you can easily determine the market direction, and when the market will reverse direction.

Time Frame : H1

Financial Market : All pairs

Metatrader Indicators :
#Signal_Bars_v71
Bressert Scalper Improved
correl8 (set on H4 Time Frame)
cracked_Mega_Fx
CurrencyStrengthAlerts
ForexprofitsupremeClock
Pivot Support Resistance Auto
SimpleBars matf (set on H4 Time Frame)
Target Bands
TmaSlope.v1.5 Normalized

Template :
Trend Following Trading Forex Strategies With More Filter.tpl

Screenshot Sell Entry

Trend Following Trading Forex Strategies With More Filter USDJPY Entry

Sell Entry

Sreenshot Result Sell Entry

Trend Following Trading Forex Strategies With More Filter USDJPY Result

Entry Result

Trading Rules Trend Following Trading Forex Strategies With More Filter :
Sell Entry :
1. Bressert Scalper Improved Indicator dots changes color from lime to red and above level 80
2. The lines intersect at correl8 indicators

Read : Correl8 Correlation Pairs Indicator

(Setup and tutorial)

3. Appear down red arrow and through the level 0 on cracked_Mega_Fx indicator
4. SimpleBars matf indicator with the red color
5. Price current is below middle band or lower band on Target Bands indicator
6. TmaSlope.v1.5 Normalized indicator with the red bar and below level 0.5

Buy Entry :
1. Bressert Scalper Improved Indicator dots changes color from red to lime and below level 20
2. The lines intersect at correl8 indicators
3. Appear up lime arrow and through the level 0 on cracked_Mega_Fx indicator
4. SimpleBars matf indicator with the lime color
5. Price current is above middle band or upper band on Target Bands indicator
6. TmaSlope.v1.5 Normalized indicator with the green bar and above level 0.5

Exit Position :
You can use Pivot Support Resistance Auto indicator to determine take profit and stop loss

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