Trending trading strategy Easy system

Trend Trading Strategy Easy system - is a simple trading system based on the NonLagDot indicator with filtered signals by moving averages. Trading is done with the help of pending orders.

You can discuss the strategy and ask questions to its author on forexfactory.com at on this topic.

Input parameters

• Currency pairs: Recommended GBP/USD, EUR/JPY, USD/JPY, USD/CAD, AUD/JPY, CAD/JPY, AUD/USD, EUR/AUD
• Timeframe: M15
• Bidding time: Asia and London are recommended
• Risk Management: After calculating the stop loss, choose this lot sizeto risk no more than 2-5% of the deposit per trade.

Setting up the price chart

1. Unpack the archive.
2. Copy the template into the templates folder.
3. Copy the indicators to the folder MQL4 -> indicators.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Set the template with the name higurashi.

The schedule should look like this:

Signals indicating the opening of a long position (buying)

1. A blue up arrow appears and the price is above the blue moving average.
2. Put pending Buy Stop order just above the signal candle or the nearest local maximum.
3. If the NonLagDot indicator has changed color to red, the pending order is removed.
4. A stop loss is placed under the nearest local minimum.

Signals indicating the opening of a short position (sale)

1. A red down arrow appears and the price is below the blue moving average.
2. Put pending Sell Stop order just below the signal candle or the nearest local minimum.
3. If the NonLagDot indicator has changed color to blue, the pending order is removed.
4. A stop is placed over the nearest local maximum.

Setting a stop loss order

• If the stop loss exceeds 40 pips, the trade is not opened.
• The strategy uses trailing stop. As signals for moving the stop, you can be guided by the price reaching the levels of the SweetSPOTS_Gold indicator.

First of all, it should be noted that the strategy parameters are recommended by the author, and it is likely that by testing the strategy on other currency pairs, timeframes and market sessions, it will give good results.

In addition, the archive contains an alternative indicator NoLagAlerts Single v2 4 MA Filter, the use of which can improve efficiency Easy system trend trading strategy.

Download Easy system strategy template and indicators

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