Submit by Lorenz

Trend Navigator is a trend following indicator for 15 and 30 min time frame, the suitable for day trading.

Trend Navigator is a slow trend indicator that can be easily filtered. The filter chosen is the protofiter with fast setting. The results are good. Trend Navigator does not recalculate. The indicator is placed with one of the best Scalper X2 trend indicators (very flexible).

Time frame 15 min, 30 min

Currency pairs:AUD/USD, AUD/CAD, AUD/NZD, NZD/USD, USD/JPY, EUR/USD, EUR/AUD, EUR/NZD, EUR/JPY, AUD/JPY, NZD/CAD, CA/JPY.

Metatrader 4 indicators

Trend Navigator

MACD 2 line (9,21,9)

Protofilter fast (7 period).

Pivot point levels

Symbol changer.

Trading Rules Trend Navigator

Buy

Trend Navigator buy arrow.

Protofilter green bar

Sell

Trend Navigator sell arrow.

Protofilter red bar.

Exit position

Initial stop loss on the previous swing low/high.

Make profit at the pivot levels, with ratio stop loss 1.:12. or at opposite arrow.

Comparative analysis with Scalper X2 indicator

Scalper X2 setting (period 17)

filter :protofilter (period 7).

Scalper X2 is suitabale also at 5 min time frame.

Conclusion the Scalper X2 is the winner but Trend Navigator is good for 30 min time frame. Scalper X2 is the winner because it is easy to filter as a Navigator trend but gets better results even 5 min and 15 min time frame.

The best filter is multitime frame for the two indicators.

Trend Navigator 30 min > 250

Scalper X2 5 min 15 min > 60 min - 30 min>240

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