3MA Trend Power trend trading strategy
3MA Trend Power trend trading strategy assumes the presence of a stable trend movement and opening a position on the price rollbacks. The strategy can also be used for intraday trading.
The rules of the 3MA Trend Power strategy provide for aggressive and conservative ways of entering the market.
Input parameters
- Currency pairs: GBP/AUD, GBP/CAD, AUD/USD, GBP/NZD, GBP/USD, AUD/NZD, AUD/JPY are recommended
- Timeframe: M5 and older
- Bidding time: any
- Risk management: Choose one lot sizeto risk no more than 2-5% of the deposit per transaction
Used indicators
- MT4 currency power
- 3 MA cross with alert
- KM trend Movers
- Pivot daily 2 (for intraday trading)
- Symbol changer
- Trend Power
Setting indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the folder MQL4 -> indicators
- Copy the templates into the templates folder
- Restarting the terminal
- Open the chart of the desired currency pair
- Install a template named 3MA TP
The schedule should look like this:
Signals indicating the opening of a buy position
- a blue up arrow appeared (aggressive buy entry);
- after it there appeared a blue dot (conservative buy entry);
- The Trend Power indicator bar is green in color.
Signals indicating the opening of a sell position
- a red down arrow has appeared (aggressive sell entry);
- a yellow dot appeared after it (conservative entry into the sale);
- The Trend Power indicator bar is red in color.
Setting Stop Loss and Take Profit
- stop loss is set above/below the previous local maximum or minimum;
- Take Profit is set near one of the support/resistance levels or pivot (for day trading). It is recommended to close a position when a colored rhombus appears (red - for buying, blue - for selling).
Before using 3MA Trend Power trading strategy on a real deposit, we recommend that you test it on demo account.
Download 3MA Trend Power strategy template and indicators
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