724# BSTrend
Super Trend Following Trading
Submit by Larry 20/012/2016
BST Trend is a trend following strategy based all on trend indicators. This is a pure trend following metatrader 4 system. This strategy is for intraday or swing trading.
The indicator of base for this system is bollinger band stop we have four BB Stop.
On this site there are other similar strategies.
Time frame 15 min or higher
Financial markets: any.
Metatrader indicators
GWS Zig Zag point (12, 5, 3),
Zig Zag (12, 5,3),
Super signals,
Bstop (Lenght 5, deviation, 2 , money risk 1, signal line 1),
Bstop (Lenght 5, deviation, 3 , money risk 1, signal line 1),
Bstop (Lenght 5, deviation, 4 , money risk 1, signal line 1),
Heiken Ashi Smothed,
Anggree arrow
Exponential moving average 10 period. close,
Exponential moving average 20 period, close,
Exponential moving average 50 period, close.
Stepdown.
Bs Trend indicator (12)
Trading rules BSTrend
Trading only in the direction of the trend.
Buy
Third buy arrow in same direction
BSTrend blue bar.
Step up down buy > 55.
Heiken Ashi Smothed blue.
Conservative
Third buy arrow above exponentials moving averages
Sell
Third sell arrow in same direction
BSTrend red bar.
Step up down sell > 55
Heiken Ashi Smothed red.
Conservative
Third sell arrow below exponentials moving averages
Optional: for the best entries wait the retracement on the moving averages.
Initial stop loss on the previous high/low.
Exit at the first opposite arrow or with predetermined profit target.
In the pictures BSTrend in action.
Share your opinion, can help everyone to understand the forex strategy
asaens (Thursday, 22 December 2016 05:55)
A clean template would have been nice