204# Powerful Trend Strategy
Super PassBand Filter reversal trend
Power Trend Reversal Strategy
Submit bu Joy22
Powerful Trend Strategy is a trend reversal strategy based on the Powerful trend indicator and Super PassBand Filter but there are also the TMA bands as support and resistance dynamic zone. These zones outlined by the TMA bands represent areas where the price can reverse direction. The purpose of this strategy is to predict reversals through the dynamic areas drawn by the tma bands together with the overbought and oversold levels of the Supe PassBand filter which is an excellent indicator of overbought and oversold suitable for the purpose of predicting price reversals. This strategy is suitable for all types of currencies including indices and commodities is simple and also suitable for beginners.
Setup Strategy
Time Frame 15 min or higher.
Currency pairs:any.
Sessions: any.
Profitability:high.
Metatrader 4 Indicators
TMA Band Half Length 110, Deviation 2.3
TMA Band Half Length 110, Deviation 2.6
TMA Band Half Length 110, Deviation 2.9
TMA Band Half Length 110, Deviation 3.2
TMA Band Half Length 110, Deviation 3.5
TMA Band Half Length 110, Deviation 3.8
Super PassBand Filter (120, 140, 50)
Powerful Trend (Fast MA 21, 10), (Slow MA 34, 10).
Trading Rules Powerful Trend Strategy
Buy
Super PassBand Filter oversold area, orange line.
The price action at least touches the yellow bands.
Buy arrow of Powerful Trend indicator.
Sell
Super PassBand Filter overbought area, aqua line.
The price action at least touches the yellow bands.
Sell arrow of Powerful Trend indicator.
If the first signal fails, it returns to the next one up to the third consecutive signal.
Exit position
Place initial stop loss below/above the previous swing high/low or below above the last upper/lower band.
Exit at opposite signals or with ratio stop loss 1.1.4.
Examples of trades.
