57#Nasdaq DPI Trading System

Submit by Dimitri 2024

The Nasdaq DPI Trading System is a trend-following strategy designed for volatile currency pairs, using custom indicators on the MT4 platform. This strategy aims to capture market momentum on 15-minute or higher time frames.

Required Indicators (MT4)

4X Bheurekso Pattern - Detects specific chart patterns (optional).
dff.ex4 - Measures divergence to assess momentum changes.
DPI.ex4 - Main trend momentum indicator.
Extreme_Spike - Identifies extreme price movements(optional).
Support Demand.ex4 - Highlights potential support and demand zones.
Guppy EMAs - Exponential Moving Averages (EMAs) of periods: 5, 7, 9, 11, 13, 34, 50 (all set to close).
Parabolic SAR (PSAR) - Parameters: (0.05-0.5) for dynamic support/resistance.

Expert Advisor

S.A.R.A. - An automated trading assistant for managing signals and entry/exit execution.

Trading Rules

Buy (Long) Signal

DPI Indicator: Expands upward, indicating bullish momentum.
Moving Averages (Guppy EMAs): Cross each other and trend upward, reinforcing bullish trend confirmation.
Parabolic SAR: Appears below the price candles, acting as a supportive signal.
Dashboard Confirmation: Check the dashboard for confirmation across all indicators, especially the trend status in for the selected time frame.

Sell (Short) Signal

DPI Indicator: Expands downward, signaling bearish momentum.
Moving Averages (Guppy EMAs): Cross each other and trend downward, confirming the bearish trend.
Parabolic SAR: Appears above the price candles, indicating resistance.
Dashboard Confirmation: Check the dashboard for consistency across all indicators, with focus on alignment with the downtrend.

Stop Loss and Profit Target

Stop Loss: Set at the recent swing high (for sell orders) or swing low (for buy orders).
Profit Target: Aiming for a 1:1 to 1:1.3 risk-to-reward ratio based on the stop-loss level. Adjust according to market conditions and volatility.

Additional Notes

Ensure that all indicator conditions align to confirm the strength of the trend before entering a trade.
Avoid entering trades if there are discrepancies in the indicators, especially on the dashboard.
Regularly monitor market conditions, as volatile pairs may require rapid adjustments to stop loss and profit targets.