Logical trend following strategy with H4 and m30 timeframes

Buy, sell, buy sell, - Why ? Because there is a ema cross? because there is a red arrow? Because...

Ok, what about if you only buy , stay out of sell, buy, stay out of sell, then sell, stay out of buy, sell, stay out of buy.

Do you want to try something different ? If yes, then this thread can be what you are searching for. Behind the simple rules of this trading strategy is a strong foundation. It is not my actual trading strategy but is derived from (i'm not using stochastic but moving averages)

I'm warning you from the begin : try this on a demo first and don't forget a very very important rule : risk management strategy is 50% from succes (market doesn't fulfill your expectations, is your job to mitigate a loss as much as possible. )

Explanations on pictures below. I refuse to believe it is a trash trading system if it is used with a correct and defensive risk management strategy :

Ok, so above I said about the filter when price enter the 80 stochastic overbought zone on m30 timeframe. Here we go:
long , stay out of short, long, stay out of short, when SMA20 is rising, short, stay out from long, short, stay out from long, when SMA20 is falling

Here is an indicator that changes color of the MA by slope

Daily + H4 timeframes work well too.

EUR/JPY

Great work you are doing here mate

My congratulations.

hi bro,can you share your template?

This is good work. This an old but classic technique.

My only input would be to make sure you do not follow this technique at periods of high impact news (so don't trade when market is volatile)

Good thread lets see where it goes from here.

Simple and comprehensible. Will try on demo. Thank you!

Looks very interesting, Do you think if we use 1Hr and 15min effective?

Because that way we have more trade opportunities.

Everybody loves to show us how wonderfull his system works on history charts. But nobody wants to show us the same trick on the live trading. Could you be first?

Sorry, but it's not gonna work. Lagging indicators look good in pictures and visual backtesting. Totally different on live chart.

Totally agree.
Would be nice to see a topic where several strategies would show on the same current chart at the same time how and when to trade.
That would be the ultimate comparison!

Maybe sth to be organized by forum crew or some senior members?

Merry christmas btw

And your work where is it ? I will.show you this working on live trading but it will cost you a lot. So you have two choices :
1. The easy way where you pay for learning (as every "guru"is doing )
2. The hard way which is the cheapest.
wich one do you prefer ? I would prefer the second way, because there is no risk involved (like you prefere a bulletproof strategy ).

Another thread I am glad I found. Great work Andrei! Thank you

If you use the 5 min chart to enter which higher timeframe would you use the 30 min or the 1 hour? and which moving average will you apply to the bigger timeframe still the 20 ma?

Thanks
Kind regards