4 HD system (trend follower)

Hello people .

This is my stuff , extrapolated from everything I've read and learned on more the forums .

4 H charts , six EMA on close 730 , 365 , 250 , 200 , 60 and one 60 LWMA ,

best trend terms are when all the averages are pointing , especially 365 250 200 !!

Trigger is given by arrows , filered with indicator :

buy _ blue arrow , blue and green indicators

sell _ yellow arrow , red and light red indicators

Trend follower means :

ONLY buy when moving average are pointing UP

ONLY sell when moving average are pointing down .

Stop loss : last low for up trend , and last high for down trend

Take profit : move stop loss or 2 time stop loss .


If you want to have my candle close on chart this is my broker

@ Luigi Candle
Thanks for your contribution.

Can you explain in details what you mean by: "Take profit : move stop loss or 2 time stop loss ."
When do you move stop loss?
Do you never let the profit run?
How long do you trade with this charts?

Move stop loss :

0 is the stop loss of A order , after price brake down point n°1 move stop loss at point n°2,
after price brake down point n°3 move stop loss at point n° 4 ,
after price brake down point n°5 move stop loss to point n°6 and so on , this means let the profit run , yes .

It's not from a lot of time i use this system .
I trust in the game of moving averages , if you keep only MA on chart and look at the retracement ,
you can see how much when averages are open price respect them, very important zone retracements against the 250 , and 365 .
The 730 if it is pointing it can work as retracement if it is flat is a maket range, but more i prefer to look at 200 250 365 .