627# Half Trend TD
Half Trend Following System
Submit by Tikol 21/02/2015
Half Trend TD is a swing trend following system filtered by long term and medium term indicator.
Time Frame 240 min or daily.
Currency pairs:any.
Setting Metatrader indicators:
Half Trend Td amplitude 2.
Long Term filter indicator (Weekly time frame)
Medium term filter indicator ( current time frame) joker filter.
Supporting ADX 12 period with 22 level and smoothed moving average 3 period.
Half Trend TD trading rules
Buy
Half Trend TD arrow buy confirmed by:
Long Term filter acqua bar,
Medium term filter green bar,
and ADX > 22 level or ADX > your moving average (this condition is optional).
Sell
Half Trend TD arrow Sell confirmed by:
Long Term filter magenta bar,
Medium term filter magenta bar,
and ADX > 22 level or ADX > your moving average (this condition is optional).
Re-entry
When the price movement bounce on the Half Trend Trend Line
whit the same previous conditions.
Exit at the opposite arrow or ratio 1.2 initial stop loss or traling stop that depends by time frame and currency pairs. Initial stop loss on the previous swing.
In the pictures Half Trend TD in action.
Share your opinion, can help everyone to understand the forex strategy
William (Saturday, 15 August 2020 12:16)
People can find any HalfTrend indicator looking on google. Even on this very website, you can find it there : https://www.forexstrategiesresources.com/renko-chart-forex-strategies/60-renko-with-half-trend/
Well, if you want to adapt the template, it will change a few little things : the name of the custom indicator and the number of parameters. So you can put this indicator in your folder, update mt4 list of indicators, load the template, and place this indicator. The only parameter you want to adjust is what they call Amplitude or Period and this must be set to 2. For the other settings of this indicator, feel free to put whatever you want. Luckily, other versions of HalfTrend have alerts.
Bill (Thursday, 26 March 2020 16:47)
The HalfTrend_td.mq4 file has 0 byte so the system doesn't work.
eurix (Tuesday, 26 November 2019 15:01)
Half Trend Indicator has 0 kb and can not be used.