Indicator-Based Trend trading | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA based on indicator which changes based on numbers of bars 0 replies

Trading Price Based Charts Instead of Time Based Charts 1 reply

Help to modify RSI trend display indicator to CCI trend dis. indi 0 replies

Fractal based trendline indicator, horizontal fractal S/R indicator 6 replies

Need help writing an MQL4 indicator - avg trend/existing trend 2 replies

Attachments: Indicator-Based Trend trading
Exit Attachments

Indicator-Based Trend trading

  • #1
  • First Post: Edited Aug 6, 2022 4:21am Jul 1, 2022 10:32pm | Edited Aug 6, 2022 4:21am
Indicator-Based Trend trading
Use given Template no other template please.
Post live trade, demo trade and backtest.
More you post and practice, more better you will get.
just downloading the system won't help you much.
Its powerful system.


Test before applying.
Test H1, H4, D1 Chart.

Entry exit rules are self explained.
Use MTF for Better Results.
USE PA skills for Better Results.

Inserted Video





2.7. 2022 - Update.
(Tested in Daily chart find good Result with this update)

Simplified a bit by removing the 2 below indicators. Added a 4 TF Gan High low indicator.

So far it works very well, I tested it in the Daily chart. H4 is also good.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 38 KB


16 June 2022 Update 2.
Added Trend element for Better results since most of the new traders can't read prices properly.
It will help you trade the trend directions
ALMA 34 and 200 EMA histo were added for better results.
Attached Image (click to enlarge)
Click to Enlarge Name: Update 2.PNG Size: 33 KB
MA provides the market's current direction and strength.
  • #2
  • Jul 2, 2022 2:13am Jul 2, 2022 2:13am
For which TF is suitable ?
  • #3
  • Jul 4, 2022 7:09am Jul 4, 2022 7:09am
Please give an example of usage.
  • #4
  • Jul 4, 2022 1:13pm Jul 4, 2022 1:13pm
Quoting 9money
Please give an example of usage.
What example you are looking for everything on chart. Test your own rules. If you like to help others can share your rules too. It is best of the best. Its up to you And your skills how you use it.
MA provides the market's current direction and strength.
  • #5
  • Jul 4, 2022 1:58pm Jul 4, 2022 1:58pm
Looks good, but does it repaint?
  • #6
  • Edited 5:10pm Jul 4, 2022 4:32pm | Edited 5:10pm
nice and clean chart, thank you, will test it !
update : those dot's don't repaint, was just watching it on gbpusd-30-min, higher tf is better, safer as for most trend indy's, it's nice to have mq.4 file, thx!
  • #7
  • Jul 5, 2022 4:32am Jul 5, 2022 4:32am
Quoting francisakz
Looks good, but does it repaint?
No Repaint
MA provides the market's current direction and strength.
  • #8
  • Jul 14, 2022 11:39am Jul 14, 2022 11:39am
Quoting Crystalferno
nice and clean chart, thank you, will test it ! update : those dot's don't repaint, was just watching it on gbpusd-30-min, higher tf is better, safer as for most trend indy's, it's nice to have mq.4 file, thx!
You can trade any TF you want. Just don't over trade.
You can use Multiple TF for better result. Best wishes.
MA provides the market's current direction and strength.
  • #9
  • Edited 5:25pm Jul 15, 2022 5:04pm | Edited 5:25pm
Quoting hasib
indicator-based trend trading its a trading system not a journal test before applying. Test h1, h4, d1 chart. Entry exit rules are self explained. Use mtf for better results. Use pa skills for better results. Understand market structure lesson 1 https://youtu.be/pd9asrchwmq 2.7. 2022 - update. (tested in daily chart find good result with this update) simplified a bit by removing the 2 below indicators. Added a 4 tf gan high low indicator. So far it works very well, i tested it in the daily chart. H4 is also good. {file} {image}
if indicators not repaint it will be great because it give you the ability to get big winners
WIN RATE AROUND 40 % BUT WINNERS ARE MORE THAN 2R IT WILL BE PROFITABLE ON THE LONG RUN
SOME WINNERS ARE 5R AND THAT IS GREAT
Cut your losses. Cut your losses. Then maybe you have a chance
  • #10
  • Jul 15, 2022 5:41pm Jul 15, 2022 5:41pm
Example to big winners
it around 8R
Attached Image (click to enlarge)
Click to Enlarge Name: EE.PNG Size: 14 KB

in sideway markets you may take 2 or 3 losses in the row
like this area but it not a problem because winners are very big
and it allow you to ride big trends
Attached Image (click to enlarge)
Click to Enlarge Name: EA.PNG Size: 6 KB
sideway area
Cut your losses. Cut your losses. Then maybe you have a chance
  • #11
  • Jul 15, 2022 6:05pm Jul 15, 2022 6:05pm
Another example for big winner around 9 r
Attached Image (click to enlarge)
Click to Enlarge Name: AA.PNG Size: 10 KB
not all setups are big winners there are small winners
but big winners that make any one profit it is the key
i think if not repaint it will great
Cut your losses. Cut your losses. Then maybe you have a chance
  • #12
  • Jul 16, 2022 12:21am Jul 16, 2022 12:21am
Quoting Alihelmy123
{quote} if indicators not repaint it will be great because it give you the ability to get big winners WIN RATE AROUND 40 % BUT WINNERS ARE MORE THAN 2R IT WILL BE PROFITABLE ON THE LONG RUN SOME WINNERS ARE 5R AND THAT IS GREAT
Let me clarify since lots of new traders will come and ask if this indicator is repainted or not.
4 TF indicator changes color until the new candle close. This 4TF is basically 6 ema High low indicator.
it will guide you.
My win rate with this system is more than 70% with 1 to 3RR most of the time.
Because I use my PA skills, best of luck, when you get more use to it you will get a higher win rate.
Trade one pair It will help you understand better.
MA provides the market's current direction and strength.
  • #13
  • Jul 16, 2022 12:42am Jul 16, 2022 12:42am
Quoting Alihelmy123
Example to big winners it around 8R{image} in sideway markets you may take 2 or 3 losses in the row like this area but it not a problem because winners are very big and it allow you to ride big trends{image}sideway area
Alihelmy123
Think about how can you avoid some of the losses, It will improve your overall trading results.
Here are my small suggestions when you see market is moving sideway don't open buy sell, until the upside or downside break out happens.
Attached Image (click to enlarge)
Click to Enlarge Name: Update 2.PNG Size: 35 KB
MA provides the market's current direction and strength.
  • #14
  • Jul 16, 2022 4:12am Jul 16, 2022 4:12am
Quoting hasib
{quote} alihelmy123 think about how can you avoid some of the losses, it will improve your overall trading results. Here are my small suggestions when you see market is moving sideway don't open buy sell, until the upside or downside break out happens. {image}
yes i know this setup is very good i traded it long time ago
wait for the market to make rectangle and take the candle broken the range and band in the same differction of higher time frames like this examples
Attached Image (click to enlarge)
Click to Enlarge Name: BB.PNG Size: 8 KB
Attached Image (click to enlarge)
Click to Enlarge Name: CC.PNG Size: 9 KB
Cut your losses. Cut your losses. Then maybe you have a chance
  • #15
  • Jul 16, 2022 1:11pm Jul 16, 2022 1:11pm
Its system its a framework, I trade Price Action with this framework. When you combine framework with your skills money will flow, Success story will come.
Prop firm challenge will pass.
Personal account will manage by you successfully.
Just stay committed with the systems.

Price + Level + wave + momentum+ projection + Direction+ Against the Direction = all we have here.
Practice will unfold many ideas.
MA provides the market's current direction and strength.
  • #16
  • Jul 17, 2022 9:06pm Jul 17, 2022 9:06pm
USDCHF 1HOUR
STOP ABOVE THE BIG MICGNELY FILTERED TWO PIPS
NO MORE THAN IDEA
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 1hour.PNG Size: 11 KB
Cut your losses. Cut your losses. Then maybe you have a chance
  • #17
  • Jul 19, 2022 7:25am Jul 19, 2022 7:25am
How is it going? Seems to me, to streamline this, and if you like to take many positions, trade it as a Basket method.

Check all the pairs from the Frankfurt open, each 15 minutes, if price is above 200EMA and the Gann High Low is all green, good for buying.

Opposite for selling of course; open small lots, and have a percentage profit target.

Attached Image (click to enlarge)
Click to Enlarge Name: 2022-07-19_22-17-03.jpg Size: 336 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-07-19_22-23-11.jpg Size: 342 KB
It takes a lot for me to IGNORE you, but you can try.
  • #18
  • Jul 19, 2022 2:35pm Jul 19, 2022 2:35pm
Please clarify. Do you mean open positions every 15 minutes for any one pair that meets the criteria
or open positions meeting criteria in all pairs? Thank you
  • #19
  • Jul 19, 2022 8:18pm Jul 19, 2022 8:18pm
Quoting aelimian
Please clarify. Do you mean open positions every 15 minutes for any one pair that meets the criteria or open positions meeting criteria in all pairs? Thank you
Open as many as you like, just have a plan; but what I meant was:

Don't depend on an EA to make decisions, CHECK the candles every 15 minutes yourself

The situation may not be clear at Frankfurt open, but an hour later, at London open, sometimes the moves are beginning

The grey box is drawn by i-sessions indicator, easy to find and use that

As a basket method, the entry is not critical, you cannot check all pairs at the same time

So, I would suggest trying it on DEMO first, only 1 position per pair, what is the worst that could happen?

You might lose faith in the 200 EMA or the Gann Hi-Low perhaps?

On a TREND day, it will surely work excellent

It takes a lot for me to IGNORE you, but you can try.
  • #20
  • Jul 19, 2022 9:51pm Jul 19, 2022 9:51pm
Quoting Erebus
How is it going? Seems to me, to streamline this, and if you like to take many positions, trade it as a Basket method. Check all the pairs from the Frankfurt open, each 15 minutes, if price is above 200EMA and the Gann High Low is all green, good for buying. Opposite for selling of course; open small lots, and have a percentage profit target. {image}{image}
Yes, it could be a more simplified option.
Only 2 indicator GANN HILo indicator
ALMA 200 Histo, Insted of 200 ema.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 19 KB
MA provides the market's current direction and strength.
0 traders viewing now