Trend Trading Strategy Smart Trader Indonesia System

Trend Trading Strategy Smart Trader Indonesia System is built on a combination of resistance and support levels with oscillator indicating zones overbought or oversold, and a filtering trend indicator.

Input parameters

  • Currency pairs: any
  • Timeframe: M5 and older
  • Bidding time: any
  • Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per transaction

Used indicators

  • Key levels
  • Support and resistance ZZ
  • Symbol pairs
  • STI Obos oscillator
  • XCODE

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 Smart Trader Indonesia System

The schedule should look like this:

Trend Trading Strategy Smart Trader Indonesia System
Smart Trader Indonesia System trading strategy template

Signals indicating the opening of a long position

  • the price pushed up from the blue support lines;
  • The yellow Obos indicator line has crossed the red line from bottom to top;
  • the price is above the blue line indicator XCODE, in the upper right corner of the up arrow (Buy).
Trend Trading Strategy Smart Trader Indonesia System
Examples of entering a long position

Signals indicating the opening of a short position

  • the price pushed down from the red resistance lines;
  • The yellow Obos indicator line crossed the red line from top to bottom;
  • the price is below the red line indicator XCODE, in the upper right corner of the down arrow (Sell).
Trend Trading Strategy Smart Trader Indonesia System
Examples of entering a short position

Setting Stop Loss and Take Profit Orders

  • stop loss is set above/below the previous local maximum/minimum;
  • Take Profit is set in the ratio of at least 1.18:1 to the stop loss. If the arrow appears in the opposite direction, it is recommended to close the trade.

Before using Smart Trader Indonesia System trend trading strategy If you have a real deposit, be sure to test it on a demo account.

Download Smart Trader Indonesia System Strategy Template and Indicators

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