Trend Split Strategy
Trend Split Strategy - is a trend trading system for currency pairs, which can also be used in the market binary options.
The strategy is based on the Split indicator with filtering of its signals by Parabolic Sar and QQE indicators.
Input parameters
- Currency pairs: any, including cryptocurrencies
- Timeframe: M5 and above (for binary options expiration time of 1-2 candles)
- Trading times: London, New York
- Risk management: after calculating the stop-loss, choose such a volume of lot, that the risk was not more than 2-5% of the deposit per trade
Used indicators
- Parabolic Sar (0.04 - 0.1)
- Split indicator (default setting)
- QQE New Mtf (optional, default settings)
Setting up the price chart
- Unpack the archive
- Copy the template into the templates folder
- Copy the indicators to the folder MQL4 -> indicators
- Restarting the terminal
- Open the chart of the desired currency pair
- Install a template named Trend Split Strategy
The schedule should look like this:
Signals indicating the opening of a long position (buying)
- a green up arrow appears;
- points Parabolic Sar indicator are under the price;
- The white line of the QQE New indicator is above the blue line.
Signals indicating the opening of a short position (sale)
- a red down arrow appeared;
- points of the Parabolic Sar indicator are above the price;
- The white line of the QQE New indicator is under the red line.
Setting Stop Loss and Take Profit Orders
- stop-loss is set above/below the previous maximum/minimum;
- Take Profit order is set near the support or resistance line of the trend, it is also possible to close the position if the signal is reversed indicator Trend Split Strategy.
Trend Split Strategy is recommended to use when there is a steady trend in the currency pair. In this case, it is better to ignore signals against the trend. In addition, the strategy is suitable for trading on The Martingale method.
When using the Trend Split Strategy to trade binary options, it is recommended to use timeframes of M15 and above.
Download Trend Split Strategy Template and Indicators
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