5# Moving Min Max MT5 Strategy
Support and Resistance as filter
Trend Action Forex Strategy
Submit by Dimitri
Today I show Moving Min and Max Price Action for MT5. This trading system is based on Moving Min and Max indicator filtered by Support and Resistance Zone. The time entry is based on Half Trend Buy and Sell arrow.
The strategy is based on Moving min and Max indicator which is a trend indicator that looks for medium term trend change points. The entry timing is built on the price bouncing on support or resistance and the appearance of an arrow in the same direction as the Moving Min and Max indicator.
Time Frame 5 min or higher. The higher the time frame, the more stable the trading system is.
Currency pairs: any
Metatrader 4 indicators
Half Trend Buy and sell indicator amplitude 2.
Supply and Demeand
In Sub Window
Moving Min and Max MT4 indicator
Trading rules Moving Min and Max Strategy
Trades only in the directipon of the main trend.
Trend Up= Moving Min and Max aqua bar.
Trend down= Moving Min and Max red bar.
Trend Up then Moving Min and Max aqua bar.
Price bounce or is near on the support zone.
Half Trend Buy and sell indicator buy arrow.
Open a long position at opening of the next bar.
Trend down then Moving Min and Max red bar.
Price bounce or is near on the resistance zone.
Half Trend Buy and sell indicator sell arrow.
Open a short position at opening of the next bar.
At the levels of support or resistance or when Moving Min and Max changes direction.
Place initial Stop loss below/above the support/resistance zone.
Telegram Channel: https://t.me/freeforexresources