Indicator strategy "Follow the trend"
In front of you indicator strategy "Follow the trend."which can be used successfully enough on all major currency pairs. In its work it uses a number of custom indicators: DSS Bressert, FiboBars2, Gann High-Low activator, Heiken Ashi. The recommended time period is 30 minutes. Follow the trend" strategy is focused on clear signals from indicators, so it is possible to write an Expert Advisor for testing and optimization.
Rules for working on the "Follow the trend" strategy
To open a buy order The following conditions must be met:
1. The candle should be colored green
2. Gann High-Low activator indicator for M30 should be colored green
3. Gann High-Low activator indicator for H1 should be colored in blue color
The DSS Bressert indicator (at the bottom of the chart) is used as an informative indicator that reflects the trend direction on the H1 chart.
You should enter the market only if all the above conditions are met and only after the closing of the signal candle.
A safety stop loss should be placed 5 pips below the nearest local minimum.
Profit fixation is made when the price is under the Gann High-Low activator for M30, and both the indicator and candlesticks are colored red.
To open a sell order The following conditions must be met:
1. The candle must be colored red
2. Gann High-Low activator indicator for M30 should be colored in red color
3. Gann High-Low activator indicator for H1 should be colored pink
You should enter the market only if all the above conditions are met and only after the closing of the signal candle.
Safety stop loss should be placed 5 pips above the nearest local maximum.
Profit fixation is made when the price is above the Gann High-Low activator for M30, and both the indicator and candlesticks are colored green.
Good afternoon everyone)
On such strategies like: such a TF is used, there should be such conditions as the indicator is colored in red, pink, etc. color, it should intersect with this, etc. It is better to write an Expert Advisor immediately and test on history, so as not to waste your time and not to spoil your eyesight...).
But by and large, for stable and profitable manual trading you need to develop your own vision of the market. And one TF is not enough. IMHO.
In its work it uses a number of custom indicators: DSS Bressert, FiboBars2, Gann High-Low activator, Heiken Ashi.
The article says only about Gann High-Low activator and DSS Bressert. What about the other indicators? What are they for and how to use them in trading?
The article is written, written, written, and then, one, and a signal candle. Who, what? You can guess for yourself that a signal candle is a candle that should be colored red or green
Interesting strategy. interested in the Speed indicator. does anyone have the source code?