29# DJ Market Pro Trading System

By Joy22

The DJ Market Pro is a specialized indicator designed to provide accurate signals for trading in the forex market, particularly focused on gold (XAU/USD) and other volatile currency pairs. It uses a combination of technical indicators and specific rules for entering and exiting trades, making it suitable for traders of different styles, from scalping to swing trading.

Key Features

Non-Repainting: The indicator does not change its signals after the fact, giving traders more reliable and trustworthy signals.
High Accuracy: This system is designed to provide highly accurate technical analysis on market movements.
Simple and User-Friendly: The setup is relatively easy to understand and apply for traders at different experience levels.
Adaptability: Can be used on any broker platform that supports MetaTrader 4/5 and works best with volatile currency pairs.

Setup Instructions

Time Frame:
- Recommended time frame: 15 minutes (M15) or higher. You can adjust based on personal preference and volatility.
- Sessions for 15 and 30 minutes London and New York.
Currency Pairs:
- Works best on volatile currency pairs (including gold).
Indicators:
- TMA (Triangular Moving Average):
  - TMA 63, 3, 110
  - TMA 63, 4.4, 110
- DJ Market: DJ Market 7, 4
- DJ History Pro: DJ History Pro 30, 2.3

Trading Rules

Buy Entry (Long Position)

Buy Signal: The DJ Market paints a Buy signal on the main chart.
Color Confirmation: The DJ Market Pro should turn blue.
Conditions to Avoid Entry:
- Avoid entering on very long bars (candlesticks).
- Do not enter if the price is near or surpassing the opposite bands of the TMA indicators.

Sell Entry (Short Position)

Sell Signal: The DJ Market paints a Sell signal on the main chart.
Color Confirmation: The DJ Market Pro should turn red.
Conditions to Avoid Entry:
- Avoid entering on very long bars.
- Do not enter if the price is close to or exceeding the opposite bands of the TMA indicators.

Risk Management

Stop Loss (SL):
- Place the stop loss at the previous swing high/low.
- Alternatively, place the SL just above/below the first band of the TMA indicator for added safety.
Profit Target:
- Set the take profit based on a risk-to-reward ratio between:
  - 1:1.1 and 1:1.3 (e.g., if the stop loss is 50 pips, the take profit should be between 55 and 65 pips).

Important Notes

It is essential to follow the system’s guidelines on avoiding trades near the bands or on very long bars to minimize risk and avoid false signals.
As with any trading system, proper risk management and back-testing should be conducted to ensure the strategy fits your trading style and risk tolerance.

By adhering to these rules and guidelines, the DJ Market Pro system aims to enhance traders' performance in the forex market, especially when trading volatile pairs or gold.