TST and EMA Trading Strategy

Triple Super Trend and EMA Trading Strategy for USOIL, GBP/JPY, and USD/JPY

This strategy combines the power of the Triple Super Trend indicator and two Exponential Moving Averages (EMAs) to capture strong trends in volatile pairs like USOIL, GBP/JPY, and USD/JPY. The goal is to enter trades in the direction of the dominant trend while minimizing the impact of market noise.

Indicators Setup:

1. Triple Super Trend Indicators:
   1. First Super Trend: ATR Period = 10, Multiplier = 3
   2. Second Super Trend: ATR Period = 12, Multiplier = 3.5
   3. Third Super Trend: ATR Period = 14, Multiplier = 6

   
   
   
   
   
   
   
   

2. Exponential Moving Averages (EMAs):
   1. 10-period EMA (Green & read )
   2. 25-period EMA (Green & read )

   
   
   
   
   
   
   
   

Trading Rules:
1. Buy Signal (Long Position):

1. All three Super Trend indicators are green, signaling a strong uptrend.
2. The 10 EMA crosses above the 25 EMA (Green), confirming the uptrend.
3. Price action is above both EMAs, ensuring alignment with the trend.
4. Price is close to the 10 EMA, indicating potential for a strong continuation.
5. Price actions like candlestick patterns and short-term trendline breaks should support the entry.
6. Monthly, weekly, and daily open lines: Analyze the price behavior around these lines; if the price is clean (clear breakout, no significant resistance), the win percentage increases.
7. Entry: Enter a long position when all the above conditions are met.
8. Avoid unclear charts: If the chart is cluttered with conflicting signals or the price is choppy, avoid taking the trade.

2. Sell Signal (Short Position):

1. All three Super Trend indicators are red, signaling a strong downtrend.
2. The 10 EMA crosses below the 25 EMA (Read), confirming the downtrend.
3. Price action is below both EMAs, ensuring alignment with the trend.
4. Price is close to the 10 EMA, indicating potential for a strong continuation.
5. Price actions like candlestick patterns and short-term trendline breaks should support the entry.
6. Monthly, weekly, and daily open lines: Analyze the price behavior around these lines; if the price is clean (clear breakdown, no significant support), the win percentage increases.
7. Entry: Enter a short position when all the above conditions are met.
8. Avoid unclear charts: If the chart is cluttered with conflicting signals or the price is choppy, avoid taking the trade.

Stop Loss and Take Profit:
Stop Loss:

1. For Long Positions: Place the stop loss at a distance of 1.5 to 2 times the ATR value below the entry price.
2. For Short Positions: Place the stop loss at a distance of 1.5 to 2 times the ATR value above the entry price.

Take Profit:

1. Option 1: Set a fixed risk-reward ratio of 1:2 (e.g., if your stop loss is 50 pips, set your take profit at 100 pips).
2. Option 2: Use key support/resistance levels as your take profit target.
3. Option 3: Use a trailing stop based on the ATR or nearest Super Trend line to lock in profits as the trend continues.

Estimated Win Rate:

1. Win Rate: The strategy has an estimated win rate of around 60-70% in trending markets, potentially higher if clear price action is observed around the monthly, weekly, and daily open lines. Avoiding unclear charts is key to maintaining a high win rate.

Added INside bar indicator

When applying the Inside Bar trading strategy to specific instruments like GBP/JPY (GJ), USD/JPY (UJ), and crude oil (OIL) charts, there are some nuances to consider based on the volatility and characteristics of these markets.
1. GBP/JPY (GJ) - Inside Bar Strategy:

1. Volatility: GBP/JPY is known for its high volatility, which can lead to significant price swings. This makes Inside Bar breakouts potentially very profitable but also riskier.
2. Time Frames: The 4-hour and daily charts are recommended for spotting Inside Bar setups on GJ. These time frames reduce noise and false breakouts.
3. Trend Continuation: Given the pair's volatility, it's wise to align your trades with the prevailing trend. An Inside Bar in a strong trend often leads to explosive breakouts.
4. Key Levels: Pay attention to major support and resistance levels, as Inside Bars forming near these levels can indicate significant moves.

Example Setup:

1. Entry: Place a buy stop above the high of the mother bar if the trend is bullish, or a sell stop below the low if the trend is bearish.
2. Stop Loss: Set your stop loss just below the low (for a buy) or above the high (for a sell) of the mother bar.
3. Take Profit: Consider using a 1:2 or 1:3 risk-reward ratio, targeting recent swing highs or lows.

2. USD/JPY (UJ) - Inside Bar Strategy:

1. Volatility: USD/JPY tends to be less volatile than GBP/JPY, which may result in more reliable breakouts but smaller price moves.
2. Time Frames: The 4-hour and daily charts work well for UJ, providing a good balance between catching trends and avoiding market noise.
3. Risk Management: Since UJ is less volatile, your stop losses can be tighter, allowing for a higher risk-reward ratio.
4. Consolidation Periods: USD/JPY often consolidates before major economic events (e.g., U.S. non-farm payrolls), so look for Inside Bars during these periods.

Example Setup:

1. Entry: Set a buy stop above the high of the mother bar in an uptrend, or a sell stop below the low in a downtrend.
2. Stop Loss: Position your stop loss just outside the mother bar.
3. Take Profit: Aim for a conservative target, such as a 1:2 risk-reward ratio, given the pair's typical price movement.

3. Crude Oil (OIL) - Inside Bar Strategy:

1. Volatility: Crude oil is highly volatile, influenced by geopolitical events, OPEC meetings, and inventory reports. This can lead to large and rapid price movements, making Inside Bar breakouts potentially very profitable.
2. Time Frames: The daily chart is often preferred for trading crude oil, as it helps filter out intraday noise and focuses on significant price levels.
3. News Sensitivity: Oil is highly sensitive to news, so be cautious of trading Inside Bars during major events. Consider avoiding trading immediately before inventory reports or OPEC announcements.
4. Trend Trading: Inside Bars that form in the direction of a strong trend can lead to large breakout moves, especially when combined with other technical indicators like moving averages.

Example Setup:

1. Entry: If crude oil is in a bullish trend, place a buy stop above the high of the mother bar. In a bearish trend, place a sell stop below the low.
2. Stop Loss: Place your stop loss just outside the mother bar’s range.
3. Take Profit: Due to oil's volatility, you might aim for a 1:3 or even 1:4 risk-reward ratio, targeting major support or resistance zones.

General Tips for All Markets:

1. Confirmation: Use additional indicators, such as moving averages or TST, Sidus, to confirm the Inside Bar breakout direction.
2. Avoid Choppy Markets: The Inside Bar strategy works best in trending markets. Avoid using it in sideways or choppy conditions, which can lead to false breakouts.
3. Be Aware of Spreads: Especially for GBP/JPY, wider spreads can affect your stop loss placement. Always account for spread costs when placing orders.

By understanding the specific characteristics of GJ, UJ, and crude oil markets, you can tailor the Inside Bar strategy to increase its effectiveness and manage risk appropriately.

Updated INdicator file is below

Now everything is here
Trade with the strategy and post your chart using the given template.
Oil trade

GJ H4 still down
trading M15 with htf directions
Price is below daily open line

USDJPY M15

Thanks for your work on this, looks like a great system, but please can you check and re-up your template. Thanks

Hi oopsie
I have already uploaded the template. Can you tell us what problem you are facing

USOil

UJ

Hi Hasib, I re-uploaded, and now is working - looks good

GJ buy trade

Studying your own trades is essential for improving as a trader and achieving long-term success in the markets. Here’s why it’s important and how you can effectively study your own trades:

### **Why a Trader Should Study Their Own Trades:**

1. **Identify Patterns and Mistakes:**
- By analyzing past trades, you can identify patterns in your trading behavior, such as consistent mistakes or successful strategies. This helps in avoiding repeating the same errors and in capitalizing on strategies that work.

2. **Improve Decision-Making:**
- Reviewing your trades helps you understand the decision-making process behind each trade. It allows you to see whether your decisions were based on solid analysis or emotions like fear or greed.

3. **Enhance Strategy Development:**
- Studying your trades gives you insights into which strategies are most effective in different market conditions. You can refine your trading strategy based on what works best for you.

4. **Increase Self-Awareness:**
- Self-analysis helps you become more aware of your trading psychology, such as how you react to wins, losses, and market volatility. This awareness is crucial for maintaining discipline and emotional control.

5. **Measure Progress:**
- By keeping track of your trades, you can measure your progress over time, helping you see improvements or areas that need more attention.

### **How to Study Your Own Trades:**

1. **Keep a Trading Journal:**
- Document each trade in a trading journal, including the entry and exit points, the reasons for entering the trade, the outcome, and your emotions during the trade. This journal is the foundation for your analysis.

2. **Review Trades Regularly:**
- Set aside time weekly or monthly to review your trades. Look at both winning and losing trades to understand what went right and what went wrong.

3. **Analyze Key Metrics:**
- Focus on key metrics like win/loss ratio, risk/reward ratio, average profit, average loss, and maximum drawdown. These metrics give you a quantitative view of your trading performance.

4. **Use Charts for Visual Analysis:**
- Revisit the charts of your trades to see if the technical analysis you used was accurate. Look for patterns like double tops, head and shoulders, or trend lines that you may have missed.

5. **Assess Your Trading Plan:**
- Compare your trades against your trading plan. Did you stick to your plan, or did you deviate? Understanding why you deviated can reveal weaknesses in your discipline or plan.

6. **Learn from Mistakes:**
- Identify common mistakes, such as entering trades too early, holding on to losing trades too long, or not cutting profits short. Create action steps to avoid these mistakes in the future.

7. **Seek Feedback:**
- If possible, share your trades with a mentor or a trading community to get feedback. Others may see things you missed and can provide valuable insights.

8. **Adjust and Adapt:**
- Use your findings to tweak your strategy. If certain setups aren’t working, consider removing them or adjusting your criteria for entering a trade.

9. **Monitor Emotional Triggers:**
- Reflect on how your emotions influenced your trades. Did fear cause you to exit early? Did greed make you take on excessive risk? Identifying emotional triggers can help you manage them better.

10. **Backtest Your Strategy:**
- Backtest your refined strategy using historical data to see how it performs over time. This helps in validating any changes you make.

By consistently studying your trades, you develop a deeper understanding of your trading style, which in turn leads to better performance and more consistent profits over time.
(Chatgpt)

Is this using 10 - 25 ema? I'm looking for short term emas that follow price closely

Kind regards

Edit: yes they are

.
NZDCAD hit TP

USDJPY M5

When you know the market is sideways you can take advantage of it.
Lets see

USDJPY M15

USOIL H4

A bit late but the rr worth, lets see

USDJPY Hit TP


And enjoying the strength buy.. I got a new position bought