221# Super Precision Long Trend (Get Money).
Long Trend for Trading
Precision Trend Strategy
Submit by Janus Trader
Super Precision long trend is a trend following strategy based on trend indicators to generate trading signals: Precision trend (slow) and Parabolic Sar. The configuration of the Precision trend is very slow so as to determine a solid trend. The timing signals are determined by the Parabolic sar only in the direction of the tred determined by the Precision trend. On the chart I have inserted TMa Bands as dynamic support and resistance levels which can be interpreted as fast target levels.
This strategy was designed for hedging, so those who use this technique can use a reverse order instead of the stop loss.
Setup Strategy
Time frame 5 min or higher.
Financial instruments: forex, stocks, indices, commodities.
Trading platform: Metatrader 4.
Metatrader 4 indicators:
Precision Trend lead indicator (10.0, 30 periods);
Parabolic Sar 0.01, 0.2;
Fast TMA (60 periods, 1.7);
Fast TMA (50 periods, 2.2);
Heikin Ashi.
Zig Zag with arrow.
Trading rules Super Precision Long Trend (Give Money).
Trades only in the direction of the trend.
Buy
Precision Trend green bar.
Parabolic Sar dot aqua below the candle.
Sell
Precision Trend red bar.
Parabolic Sar dot purple above the candle.
Note.Do not assume positions when the price is overbought or oversold in the dynamic support and stability levels drawn by the TMAs (optional).
Exit position
Place stop loss above below the dots of the Parabolic Sar.
Fast profit target at levels of TMA.
Exit position when parabolic sar changes direction or when precision trend changes direction.
Examples of trades.
Note: You can make it more aggressive by following the rules of this similar strategy written for MT5: TMA Daily Forex Strategy: No Loss. Only for daily time frame!!
Jack (Friday, 05 April 2024 12:09)
This strategy works fine!! Wow.
I am very satisfied the strategy is easy to manage, I could ask for changes:
1 Parabolic at MTF 30 min to work at tF 15
2 a fast entry indicator.
Frank (Tuesday, 30 January 2024 13:44)
This is an great strategy I have tested with very good pips!!! Thanks Forex Strategies Resources !!!!