20# Reversal Trend Arrow MT5

Submit by Dimitri

Reversal Trend Arrow MT5 is a trend reversal strategy based on arrow reversal filtered by bands and optionally also by the Stochastic DSS Bressert.

The strategy is based on the overbought  and oversold principle. When the price goes out of the bands wait for an arrow to form in the opposite direction to enter the market, or wait for the stochastic to line up, that is, to concede with the arrow.

Setup Strategy

Time Frame 15 minutes or higher.

Currency pairs any but best synthetic currency pairs such as EURGBP- but also EUR / USD.

Platform metatrader 5.

Metatrader 5 indicators

TMA bands

Arrow reversal (do not repaint)

DSS Bressert.

Trading Rules Reversal Trend Arrow MT5

Buy

Buy when the price breaks out the lower bands and reversal arrow signal appears.

Conservative when the DSS stochastic confirm the arrow.

Sell

Sell when the price breaks out the upper bands and reversal arrow signal appears.

Conservative when the DSS stochastic confirm the arrow.

Exit position

Place initial stop loss n.. pips below/above the previous swing high/low.

Profit Target minimum ratio 1:1 stop loss.

 Examples of trades.