Submit by Massimo Trader

Strategy Overview

This trading strategy combines the power of two technical indicators: DeQuex Algo Bist (by Brandon James) for precise trade entry timing and the Hull Butterfly Oscillator for filtering and confirming trend strength. The strategy aims to capitalize on trending markets while minimizing false signals during periods of consolidation or trend weakness.

Time Frame 5 min or higher.

Currency pairs: volatile.

Indicators:

1. DeQuex Algo Bist: This is the primary tool for identifying potential trade entries. It uses an advanced algorithm to signal optimal points for buying or selling based on price action and momentum. Defayult setting.

2. Hull Butterfly Oscillator: This acts as a filter to validate the signals from DeQuex by confirming the strength and direction of the trend. The Hull Butterfly Oscillator smooths out price fluctuations, making it ideal for identifying clear trend transitions. Set (11, 1).

Entry Criteria:

1. Buy Setup:

   • The DeQuex Algo Bist issues a Buy Signal (indicated by a bullish arrow or marker).

   • The Hull Butterfly Oscillator confirms an uptrend by showing positive momentum (above the zero line or turning green).

   • Once both conditions align, initiate a long position.

2. Sell Setup:

   • The DeQuex Algo Bist issues a Sell Signal (indicated by a bearish arrow or marker).

   • The Hull Butterfly Oscillator confirms a downtrend by showing negative momentum (below the zero line or turning red).

   • Once both conditions align, initiate a short position.

Note: Do not consider buy and sell signals outside the bands.

Exit Criteria:

1. Take Profit: Use a predefined profit target (e.g., percentage-based) or exit the trade when the DeQuex Algo Bist gives the opposite signal.

2. Stop Loss: Set the stop loss at the recent swing high/low, or dynamically adjust it based on the Hull Butterfly Oscillator reversing direction (crossing the zero line or changing color).

Risk Management:

• Adjust position size based on your risk tolerance, typically risking 1-2% of total capital per trade.

• Place a Stop Loss to limit downside risk, especially when the Hull Butterfly Oscillator is showing signs of trend weakening.

Additional Considerations:

• This strategy works best in trending market conditions. Avoid trades in choppy or sideways markets, as the Hull Butterfly Oscillator will help filter out weak signals.

• Combining this setup with volume-based indicators can further improve the strategy by confirming price breakouts and trend continuation.

Conclusion:

This strategy uses DeQuex Algo Bist for precise trade timing, while the Hull Butterfly Oscillator acts as a trend confirmation filter, helping traders avoid false signals and choppy conditions. By focusing on trending markets and employing disciplined risk management, this strategy aims to optimize trade entries and exits, leading to more consistent results.

Submit by Joy 22 (author Imran Sait)

Works on All Time Frames and for all Pairs - Best used on 5Min/15min/ for short term Trades and

30min/1Hr/4hr/daily for Long term Trades ).

Forex Indicators used :

1. LaGuerre 1 ( for entry ) - Gamma 0.60, levels 0.15, 0.85,0.45 bars to read 9500 color Blue ( File name is Laguerre-ACS1.ex4 )

2. LaGuerre 2 ( for exits ) - Gamma 0.80, levels 0.15, 0.85, 0.45 bars to read 9500, color Red ( File name is Laguerre-ACS1.ex4 )

For the Lags Enable Fixed maximum (~1.05) and fixed minimum (~-0.05) on in the Common tab of the Laguerre indicator

3. Bollinger bands - 20, 0 and close ( default) ( This is very imp indicator as in uptrend the middle Bollinger acts as support and

in downtrend it acts as resistance )

4. EMA 200 ( Red ) and EMA 60 (Blue) to find support and resistance

5. Pivot Points : To Find daily Profit levels and as indication of expected Support / Resistance areas for the day.

6. MACD – Traditional – Setting of 12,20,9 – Crossover confirmation with Lags for entry and exit.

7. StochHistogram - an indicator which shows the overbought/oversold status of the market.. Use default settings of 14,3,3 .

Buy when the price crosses to positive. Sell when the price crosses down to negative. Green histogram means it's in an uptrend. Red

histogram means it's in a downtrend.

Long Entry ( on 5 min chart )

I) First Setup ( Best Setup – Maybe able to catch moves of +50 to 150 pips )

For Long : What you need to do is first look if price is above the Daily Pivot, and then look if the the LaGuerre 1 (

henceforth called as Lag1 ) is above 0.15 and going upwards , StochHistogram ( Henceforth called as Stoch) is gone from

negative to positive , MACD has made a crossover to positive ( Crossover above Zero Line ) and LaGuerre 2 ( Henceforth

called as Lag2) is at the bottom ( for Extended Period of time ) or trending upwards above 0.15 .

Exits for Long ( Multiple Options – Choose whichever option as per your Take Profit Level )

1. When Lag-2 crossed 1.00 and then starts to come down below 0.85

2. When you get +50 pips

3. Daily R1 – ( First Resistance above Daily Pivot )

4. Daily R2 – ( Second Resistance above Daily Pivot)

5. MACD crossover from Positive to Negative and Red lag is turning down

6. When Stoch Histogram goes from Positive to Negative, and Red Lag is pointing Down ( both conditions have to be

met , if not take 50% profit and let the trade run )

7. When the Stop Loss is hit ( 20 pips + Spread ) – This is likely to happen only if you have not taken the trade as per

rules or taken a trade 30 mins before or within 30 mins of news

If anyone has more suggestions, kindly email me so I can look into it and add to the exits.

Short Entry

For Short : What you need to do is first look if the the LaGuerre 1

( henceforth called as Lag1 ) is below 0.85 and going downwards , StochHistogram ( Henceforth called as Stoch) is gone

from positive to negative , MACD has crossover to Negative from Positive ( Below Zero Lines ) and LaGuerre 2 (

Henceforth called as Lag2) is at the top ( for extended period of time ) or trending downwards below 0.85

Exits for Short ( Multiple Options – Choose whichever option as per your Take    Profit Level )

8. When Lag-2 crossed 0.00 and then starts to come up to 0.15

9. When you get +50 pips

10. Daily S1 – ( First Support below Daily Pivot )

11. Daily S2 – ( Second Support below Daily Pivot)

12. MACD has crossed over to positive and red lag is turning up

13. When Stoch Histogram goes from negative to positive, and Red Lag is pointing up ( both conditions have to be

met , if not take 50% profit and let the trade run )

14. When the Stop Loss is hit ( 25 Pips including Spread ) – This is likely to happen only if you have not taken the trade

as per rules or taken a trade 30 mins before or within 30 mins of news

Stop Loss for all the entries for Long and Short is 20 pips plus spread from the best setup as per rules.

(To See Manual in attach)

Share your opinion, can help everyone to understand the forex strategy.

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