656# Counter Trend Strategy

Forex Milionare filtered

Submit by Danny 16/10/2015


Counter Trend Strategy is a contrarian trading system based on Forex Milionaire indicator filterd. Here there are three system

Here I filtered forex milionaire in three ways.

The first with Trend Half a trend following indicator fast.

The second with the indicator Step Ma,

the third with indicators of strength and trend-mometum (Williams' Percent Range, and RSX CFB).

The Best Time frame is 15 min.

Currency pairs: any.


Metatrader indicator for buit the metatrader templates:

RSIOMA nrp alerts bar,

Forex Milionaire,

RSI WPR OBOS Zone,

RSX CFB adaptive.

Half Trend, (up trend aqua line color, dow trend red color)

Step MA.

All indicators are with default setting.

First Template metatrader Forex Milionaire with Half Trend

Buy

Forex Milionaire buy alert confirmed by Half Trend aqua line.


Sell

Forex Milionaire Sell alert confirmed by Half Trend red line.

 Forex Milionaire with Half Trend
Forex Milionaire with Half Trend

Forex Milionaire with Stem MA NMC 3.01

Buy

Forex Milionaire buy alert confirmed by Step MA arrow buy .


Sell

Forex Milionaire buy alert confirmed by Step MA arrow sell.

Forex Milionaire with Stem MA NMC 3.01
Forex Milionaire with Stem MA NMC 3.01

Forex Milionaire with trend momentum filter

Buy

Forex Milionaire buy alert confirmed by RSI that crosses upward WPR and RSX CFB histogram>0 ;


Sell

Forex Milionaire Sell alert confirmed by RSI that crosses downward WPR and RSX CFB histogram <0 ;

Forex Milionaire  with trend momentum filter
Forex Milionaire with trend momentum filter

Exit position with predetermined profit target 12-18 pips depends by currency pairs.

Initial stop loss 20 pips after 11 pips in gain move stop loss at the entry point.


In markets with high volatility the best solution is the first template because Half Trend is fast enough.

In markets with low volatility the best solution is the third template because oscillators interpret better the small movements.


Counter Trend Strategy.rar
compressed file archive 127.2 KB

Forex Millonaire filtered by Kiijun Tenkan with PJ- Over RSI

Setting indicators:

Kiijun Tencan (9,26, 3, 3).

PJ-Over RSI (period 9 or 14 -Oversold level 45 Overbougth level 55),

aggressive setting:9

normal setting: 14.


Buy

Signal Buy arrow,

Tenkan>Kiijun,

PJ-Over RSI green color.


Sell

Signal Sell arrow,

Tenkan<Kiijun,

PJ-Over RSI red color.


TP 12 20 pips, but yo can also us ATR stop for exit.

Forex Millonaire filtered by Kiijun TenKan with PJ- Over RSI. In this example 9 period.
Forex Millonaire filtered by Kiijun TenKan with PJ- Over RSI. In this example 9 period.
Forex Millonaire filtered by Kiijun TenKan with PJ- Over RSI. In this example 14 period.(the best choice)
Forex Millonaire filtered by Kiijun TenKan with PJ- Over RSI. In this example 14 period.(the best choice)
Contrarian Strategy update.rar
compressed file archive 15.4 KB
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