847#My Spy Trend Pro

Submit by Dimitri

My Spy Trend Pro is a trend moomentum trading system based on WATR. The purpose of the system is to filter the arrow or the My Spy Trend Pro indicator in the best possible way. The filter is trend-momentum with multiple indicators. The main filter in the chart is WATR, while the filters in the windows below the chart are MACD and Awesome.
The main filter is WATR in the main chart.

Setup My Spy Trend Pro

Time Frame 15 min or higher.

Currency Pairs: any.

Metatrader 4 Indicators

Fractals defauld setting.

MVNRTR (10 periods, p.c 2.0)

MVNRTR WATR default setting

My Spy Trend Pro ( arrows in the main chart).

Awesome (9)

MACD (12,26, 9, 8).

Trading Rules My Spy Trend Pro

Buy

My Spy Tren Pro buy arrow

MVNRTR dot below the candle

MVNRTR WATR dor below the candle

Awesome bar color green.

Histogram MACD above the line.

You can enter buy simply when the two MVNRTR WATR agree in the up direction dots below the candle (best choice)

Sell

My Spy Tren Pro sell arrow

MVNRTR dot below the candle

MVNRTR WATR dot above the candle

Awesome bar color red.

Histogram MACD below the line.

You can enter sell simply when the two MVNRTR WATR agree in down direction dots above the candle (best choice)

Exit position

Place initial stop loss below the previous swing hih/low.

Move stop loss 2 pips above/below the dot of MVNRTR WATR.

Close position when MVNRTR WATR changes direction.

You can increase the position if another arrow appears in the direction of the trend (optional).

Profit Target also with stop loss ratio 1: 1.28

It 's a winning system but also an excellent school system for learning to follow a trend following system also from a psychological point of view.

Examples of trades.