Trend Trading Strategy Weekly Minimum 200

Trend Trading Strategy Weekly Minimum 200 is based on three indicators: Ishimoku, xSuper Trend MTF and Nihilist.

In addition to trading along the trend, the Weekly Minimum 200 trading strategy allows you to get signals for counter-trend trading. You can discuss the strategy and ask questions to its author on the forexfactory.com portal at on this topic.

Input parameters

• Currency pairs: GBP/JPY, GBP/NZD, GBP/USD, gold are recommended.
• Timeframe: H4 is recommended
• Bidding time: any.
• 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. Install a template named WM

The schedule should look like this:

Signals indicating the opening of a long position (buying)

Opening a long trade on the trend:

• The xSuper Trend MTF indicator is green.
• Price breaks the blue dotted line Ishimoku indicator from the bottom up.
• The Nihilist indicator is green.

Opening a long trade against the trend:

• The xSuper Trend MTF indicator is red.
• The price breaks the blue dotted line of the Ishimoku indicator from bottom to top.
• The Nihilist indicator is green.

Signals indicating the opening of a short position (sale)

Opening a short trade by trend:

• The xSuper Trend MTF indicator is red.
• The price breaks the blue dotted line of the Ishimoku indicator from top to bottom.
• The Nihilist indicator is red.

Opening a short trade against the trend:

• The xSuper Trend MTF indicator is green.
• The price breaks the blue dotted line of the Ishimoku indicator from top to bottom.
• The Nihilist indicator is red.

Setting Stop Loss and Take Profit

• The stop loss is placed above/below the nearest local maximum/minimum.
• The level of stop-loss can be fixed (in the amount of 150-200 pips).
• The deal is closed when the Nihilist indicator changes its color to the opposite or is used trailing stop.

According to the author, Trend Trading Strategy Weekly Minimum 200 brings a profit of 150-200 pips per week. This is quite a good indicator, so the strategy deserves the closest attention.

Before using the Weekly Minimum 200 trading strategy on a real deposit, make sure you test it on demo account.

Download archive and indicators of the Weekly Minimum 200 strategy

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