Forex Strategies Resources

459# Trend Squeezer

A Forex Trading System Trend following

 

Submit By TonyfX (Written by Justin Delmar ) 01/07/2013

 

 

Aforex trading system that is based on the trending characteristics of the market is, in short, a trading system based on common sense and logic. And besides this kind of approach has the advantage that it tends to be simple, stable and consistently profitable.

 

This is not single useless indicator it’s complete package on indicator which will point right moment to place a trade.

Decision concerning entry market or position closing is taken only after the candle is closed. At the top of a diagram you will see the percent scheme of indication showing how much time has passed from the current bar.

As you have noticed, the trading system is trend following. It is completely based on trading indicators, which signals confirm each other.

I am not going to tire you by each indicator’s description. There is no need for you know it – the most important is the result you will get using this method.

So let’s consider the conditions that show the signal to buy.

 

Trading System Trend Squeezer Long Entry

Entry the BUY (long) position is fulfilled under the following conditions:

1) Green color of running line on price chart; 2) color of the candle on the main chart is dark blue; 3) green color of the last point formed at the signal time or several bars from it; 4) on the main additional diagram a combo indicator points the following indexes (monitored bottom-up): a) a green criss-cross inside the quadrate; b) a green quadrate; c) a green criss-cross; d) a green indicator with up direction at the signal time or a bit earlier; 5) on the second additional diagram a white line has crossed a red one from the bottom upwards or it is already above it; 6) a current green column on the third diagram.

Closing of BUY position: at the reverse signal, stop-loss or take-profit;

 

Trading System Trend Squeezer Long Entry

Entry Sell position (short) is fulfilled under the following conditions:

1) a red running line on the price chart; 2)an orange candle on the main chart; 3) a red color of the last point, formed at the signal time or several bars from it; 4) on the main additional diagram a combo indicator points the following indexes (monitored bottom-up): a) a red criss-cross inside the quadrate; b) a red quadrate; c) a red criss-cross; d) a red indicator with up direction at the signal time or a bit earlier; 5) on the second additional diagram a white line has crossed a red one from the bottom upwards or it is already above it; 6) a current red column on the third diagram.

Closing of SELL position: at the reverse signal, stop-loss or take-profit;

Recommended SL from 70 pips, TP from 40 pips, trailing stop from 15 pips. The specific size of these parameters are selected individually, taking into account risk tolerance and specifics of your broker.


 

In the picture below Trend Squeezer in action.

Trend Squeezer

Trend Squeezer
Trend Squeezer: Template. A forex trading system that is based on the trending characteristics of the market.Forex trading system download
trend_squeezer.rar
compressed file archive [939 Bytes]
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It should be noted that the manual trading system can give only the BUY or SELL signal. Capital management (stop-loss, take-profit, trailing-stop, risk management) fully depends on trader and he is the only one to make successful trades.

I wish you good luck in trading and hope my system will help you achieve success!

Justin Delmar

Trend Squeezer indicators

Trend Squeezer
Trend Squeezer indicators
trend_squeezer Indicators.rar
compressed file archive [21.7 KB]
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trend_squeezer indicators modified.rar
compressed file archive [29.6 KB]
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trend_squeezer modified.rar
compressed file archive [948 Bytes]
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