30# Harvest Trading System
Order Block filters signals
Submit by Lorenz
Harvest Trading System is a strategy whose purpose is to filter entry signals. Harvest has set the Order Block indicator as its main filter, therefore a price action interpretation. In the graph I have also inserted the ADX as a supporting but optional secondary filter. This strategy refers to high time frames.
Strategy Setup
Time frame 30 minutes or higher,
Currency pairs:any.
Metareader 6 indicators:
Order Block default setting.
Harvest entry signal,
ADX green line, 14 periods, level 20.
Trading Rules
Buy
When the price bounces off the support take for trade only the buy signals.
Adx green line >20 (optional).
Sell
When the price bounces off a resistance take for trade only the sell signals.
Adx green line >20 (optional).
Exit position
Initial stop loss below above the Support/Resistance line or below/above the previous swing High/low.
Profit Target minimum ratio stop loss 1:1.3.
