462# Great Trend Trading System
Master Trend Following Forex Strategy
Submit by Janus Trader 20/07/2013
This is a simple trend following Forex Strategy. Based on two metatrader indicators.
The goal of this strategy is to win on the long trend.
Time Frame h1 or higher.
Currency pairs;any (Best Time Frame 4h or Daily ).
Rules:Great Trend Trading System
Trade only in direction of the trend.
Buy
Trend Direction Buy Arrow;
Trendline color blue.
Sell
Trend Direction indicator Sell Arrow;
Trendline color red.
Exit position options:
1)At opposite Arrow.
2) Stop loss predetermined examples: Time Frame 4H: 50 pips AUD/USD, 50 pips EUR/USD, 40 pips USD/CHF, 60 pips USD/GBP GBP/GPY;
Stop loss: Time Frame Daily 100 pips AUD/USD 120 pips EUR/USD, 110 pips USD/CHF,
150 pips GBP/USD amd GBP/GPY;
Initial Stop loss on the previous swing after 100 pips in gain, move position at entry point (4H time frame, daily time frame after 250 pips in gain, move position at entry point.
Profit Target optional 1:3 ratio stop loss.
In the pictures below Great Trend Trading System in action.
Great Trend Trading System:Indicators and Template
Share your opinion, can help everyone to understand the trading system.
Write a comment
marko.polo (Saturday, 03 November 2018 06:10)
Hello, what is tbe sell signal? One of these two ore both of these two?
Sell
Trend Direction indicator Sell Arrow;
Trendline color red.
asanda zawana (Wednesday, 23 January 2019 10:37)
I desperatly want this trading system my email is asandadut@gmail.com
please help