Janus Trend strategy for intraday trading with a pronounced trending character, simple entry rules and high profitability.
Janus Trend intraday trading strategy is based on a combination of two signal indicators, one of which, Janus Trend, is based on moving averages and Momentum, and is a source of trading signals. The second indicator, Super Reversal signal, is a filtering one.
Input parameters
- Currency pairs: any
- Timeframe: M5 and higher
- Bidding Time: Any
- Risk management: choose a lot size so that the risk is no more than 2-5% of the deposit per transaction
Indicators Used
- Janus trend
- Super reversal signal
- Pivot d
Installation of indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the MQL4 folder -> indicators
- We copy the templates to the templates folder
- Restart the terminal
- Open the chart of the desired currency pair
- Install the template named Janus Trend
The graph should look like this:
Signals indicating the opening of a buy position
- white up arrow appeared (Janus Trend);
- We open a deal to buy after the appearance of a blue up arrow (Super Reversal signal).
Signals indicating the opening of a sell position
- a white down arrow appeared (Janus Trend);
- We open a deal to sell after the appearance of the red down arrow (Super Reversal signal).
Setting Stop Loss and Take Profit
- Stop loss is set above / below the previous local maximum or minimum;
- Take profit is set near one of the pivot levels. It is recommended to close the position when the Janus Trend indicator arrow appears in the opposite direction.
In our opinion, the trend nature is clearly traced in the Janus Trend strategy, so it would be advisable to add a trend indicator as an additional filter in order to exclude the possibility of opening a deal against the current trend.