73# Momentum Trend Trading System

Submit by Giulienne 28/01/2012

 

A simple Intraday trading strategy forex.
A simple short-term forex trading strategy works well on the time frame M15, a currency pair can be arbitrary. The main requirement of this strategy - just follow the indicator signals, which, incidentally, is used as much as 6. Each plays a role, can not be ignored.

Market: Forex;
Currency pairs: any;
Timeframe: M15, or higher;
Forex indicators: Heikin ashi, EMA, Dinapoli stoch, MomentumVT, QQE Alert v3;
Strategy: Short-term;
Protective orders: StopLoss.


Indicators
1) Indicator - Heikin ashi;
2) Exponential Moving Average - EMA (5), close - the color blue;
3) Exponential Moving Average - EMA (8), open - the color green;
4) Indicator - Dinapoli stoch (8, 3, 3);
5) Indicator - MomentumVT (10);
6) Indicator - QQE Alert v3.
Signals Trading Strategy

Long Entry:
1) Exponential Moving Average EMA (5) and EMA (8) crossed from the bottom up;
2) Indicator Dinapoli stochastic also crossed from bottom to top (the blue line crossed red);
3) The indicator MomentumVT (10) is above its zero level;
4) Indicator QQE drawn up arrow (maybe even a few bars earlier);
5) Bar Heikin ashi indicator is painted in white.



Short Entry:

1) Exponential Moving Average EMA (5) and EMA (8) crossed from the Top to Down;
2) Indicator Dinapoli stochastic also crossed from Top to down (the blue line crossed red);
3) The indicator MomentumVT (10) is below its zero level;
4) Indicator QQE drawn Down arrow (maybe even a few bars earlier);
5) Bar Heikin ashi indicator is painted in red.


Entering the market to produce the next spark, after all the conditions to the transaction.

Closing the trading position is carried out as soon as the indicator QQE alert and moving average EMA (5) and EMA (8) is fed back to the trading signals. Since this joint is rare, the deal closes, just in case 2, these signals were received.

 

Trading signals for the opening transaction for the sell back.

 

A safety Stop Loss on the previous swing high for sell and previous swing low for buy. 

 

Momentu Trend
Momentum Trend.zip
Compressed Archive in ZIP Format 10.5 KB

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