Trend trading strategy Trends Trigger Fx is a profitable system for trend trading with the possibility of additional “topping up” of positions.
Trends Trigger Fx trend trading strategy is based on the interaction of several trend indicators.
A feature of the Trends Trigger Fx strategy is the use of a price rebound from one of two trend indicators to re-enter the market.
Input parameters
- Currency pairs: any
- Timeframe: M30 and older
- 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
- Profit Chnager display profit
- Fxdva3
- VT Reloya 1.8
- Fxven3
- Banda de cambio
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 a template named Trends Trigger Fx
The graph should look like this:
Signals indicating the opening of a buy position
- a blue up arrow appeared;
- the price is above the blue bar of the FXVEN3 indicator;
- re-entry is carried out when the price returns and bounces from one of the indicators FXVEN3 or Banda de Cambio.
Signals indicating the opening of a sell position
- a red down arrow appeared;
- the price is below the red bar of the FXVEN3 indicator;
- re-entry is carried out when the price returns and bounces from one of the indicators FXVEN3 or Banda de Cambio.
Setting Stop Loss and Take Profit
- Stop loss is set a few points above / below the previous local maximum / minimum;
- Take profit is set at a minimum ratio of 1.5: 1 to stop loss.