190# Trends Trigger Fx
Find the trend
Trend following strategy
Submit by Moreno
Trends Trigger Fx is a trend following strategy based on trend indicators. This strategy is suitable for MT4 platform.In this strategy there are two ways to get into position the first one when an arrow appears the second and it is what I recommend is to enter when the price retraces on a band. This trading strategy can be used both for day trading and for swing trading.
Time Frame 30 min or higher.
Currency pairs: majors, minor Indices and Commodities.
Metatrader 4 indicators:
Profit Chnager display profit
FXDVA3
VT Reloya 1.8
FXVEN3
Banda de Cambio
Trading rules Trends Trigger Fx
Buy
Blue arrow and price above blue band. (first entry to the market).
When the price retrace on one of the two bands it enters into position. (This tactic has the advantage of decreasing risk, stop loss, and maximizing profit.
Sell
red arrow and price below blue band. (first entry to the market).
When the price retrace on one of the two bands it enters into position.
Exito position
Initial stop loss below/above on the previous sswing high7low.
Profit target ratioo stop loss 1:1.15 to 3.
If the price doesn't track back, there will be other opportunities. keep in mind that the price retraces about 75% of the time.
In this case, being the risk / return ratio greater than or equal to 1: 1.5 as money managemkent we recommend the coumpoundig or pyramidal anti martingale.
Another filter technique that can be used in addition to retracement is to trade in the direction of the daily time frame or 4 hours.
In the picturtes Trens trigger Fx in action.
Telegram channel: https://t.me/freeforexresources
Share your opinion.
Rahul bhadane (Tuesday, 18 May 2021 15:12)
Wow � it's amazing thank you very much
M (Thursday, 05 November 2020 21:34)
This indicator looks really promising, let me try it!
Thanks alot Admin
DK (Friday, 12 June 2020 00:08)
Hello, Dear Friends!
who can help me to find the mq4 version of "Banda de Cambio" indicator ?
Highly appreciated !!!
Thanks!