Submit by Janus Trader 2024

Objective:
Use a combination of Forex Power, Professional Trading Signals, and Supertrend as a filtered trading system. This strategy helps identify optimal buy and sell points with predefined stop loss and multiple profit targets.

Strategy Components:

1. Professional Trading Signals Indicator

   • Provides Buy and Sell signals with predefined stop loss and three profit targets (Target 1, Target 2, and Target 3).

2. Supertrend Indicator

   • Used as a filter with settings: ATR multiplier of 3 and ATR period of 10.

   • Confirms trend direction, ensuring entry signals align with prevailing trends.

3. Forex Power Indicator

   • Measures relative strength of currency pairs.

   • Helps select the best currency pairs to apply signals for increased accuracy.

Setup Process:

1. Selecting Currency Pairs:

   • Use the Forex Power indicator to identify the strongest trending currency pairs.

   • Choose pairs where one currency is showing strength and the other shows weakness, increasing the probability of trend continuation.

2. Entry Rules:

   • For a Buy Trade:

     • A Buy signal appears on the Professional Trading Signals indicator.

     • The Supertrend indicator confirms the upward trend (showing a Buy arrow).

   • For a Sell Trade:

     • A Sell signal appears on the Professional Trading Signals indicator.

     • The Supertrend indicator confirms the downward trend (showing a Sell arrow).

3. Stop Loss and Profit Targets:

   • The stop loss and three profit targets (PT1, PT2, PT3) are automatically provided by the Professional Trading Signals indicator.

   • Choose to exit at PT1, PT2, or PT3 based on market volatility and personal risk tolerance.

1. Trade Management:

   • Set the initial stop loss as per the indicator and adjust if needed based on price action and risk management rules.

   • Consider moving the stop loss to breakeven after the first profit target is hit, then trail the position toward higher profit targets.

Strategy Execution Tips:

• Regularly update Forex Power readings to adapt to changing market conditions.

• Ensure that all entries align with both the signal and trend confirmation to maximize accuracy.

• Use proper risk management, not exceeding a predetermined percentage of capital per trade.

This setup provides a systematic approach, with each component reinforcing trade accuracy and minimizing potential losses.

Submit by Joy22

Awadisit is used only on H1 an timeframe..

Awadis it is used only on EURUSD.

-         Stop-loss is not used. If the bargain is opened and there was other signal (opposite) that do not close the bargain, and in addition we open the new.

-         Profit it is closed at occurrence of an opposite signal or the profit will be closed independently through Trailing stop.

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