75# All Pips Price Action Trading System MT4

Submit by Dimitri 2024

All pips is a price action trading system based on two indicators the main is all pips, the secondary optional is DDFX trend filter.

All Pips" indicator-based trading system to incorporate the following components:

Zig Zag:
- Highlights key highs and lows on the chart, helping identify major trends and reversal points.
- These movements are marked by blue lines connecting significant pivot points.
Support and Resistance Levels:
- Represented as colored rectangles (turquoise for resistance, red for support).
- Resistance levels are located above the price, indicating areas where the market may struggle to break through.
- Support levels are below the price, showing potential points where the market could bounce.
Numbers and Letters near Pivot Points:
- Likely indicate wave movements or market sequences (could follow Elliott Wave theory or simply label movement sequences).
Arrows:
- Signal possible entry or exit points.
- Red arrows pointing downward indicate sell signals, while green arrows (not present in this image but likely part of the system) probably indicate buy signals.

Strategy Setup

Time frame 30 min or higher.

Currency pairs: any.

Plarform MT4.

Metatrader 4 indicators:

All pips default setting.

DDFX major 18 periods, deviation 0.1.

Symbol Changer plus.

Trading rules

Entry:

Sell:
- When a red arrow appears.
- If the price approaches a red support level.
- DDFX major trend white bar (optional).
Buy:
- When a green arrow appears (assumed from the system structure).
- If the price approaches a toequoise resistance level.

Confirmation:
- Signals are likely confirmed when the price forms a visible reversal pattern via the Zig Zag model.
Stop Loss and Take Profit:
- Stop loss is likely placed beyond the support/resistance rectangles.
- Take profit may be set at the opposite level (e.g., resistance for a buy trade or support for a sell trade).

Note: It is also possible when the DDFX major trend filter agrees with the structure outlined by the All Pips indicator.

In any case this trading system does not need a filter, its function is only to help the psychology when approaching price action systems.

This systemi s designed for range trading and price reversals, utilizing static levels (support/resistance) and dynamic price patterns (Zig Zag movements).
It may perform best in ranging markets or markets with clear oscillations.