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55# 300 pips a week with Price Action

Highest Lowest and Reentry Point filtered

Price Action Trading System

Submit by Joy22

 

300 pips a week with Price Action is a trading system based on the Highest-Lowest and Reentry Point indicator filtered.The filters I have introduced to filter this excellent indicator and try to extract the most pips with this system are very robust and attenuate the false signals that can be generated with an indicator that is based on High-Low. The system is successful and easy to apply. The time frames that I recommend are from 30 min up because the probability of false signals is lower but when you learn how to use this system it can also be applied to 15 min.

Setup strategy

15 min or higher. Best time frame daily. In daily time frame no need to wait for the confirmation of the RatisC filter.

Currency pairs: any

Metatrader 4 indicators:

Highest Lowest and Reentry Point (the heart of system)

Magnified price

Supply and Demand V.3 (filter of direction)

RatisC Filter (the indicator that provides system robustness and stability).

Symbol Changer Profit Display

Trading System 300 pips a week with Price Action

Conservative Mode (best choice)

Buy

Signals: Buy Trend lowest-low – Buy Trend

Price in support zone or bounces from support zone.

Ratis Filter blue bar.

Sell

Signals: Sell Trend Highestt-hig – Sell Trend

Price in resistance zone or bounces from resistance zone.

Ratis Filter blue bar.

Aggressive Mode

Buy

Signals: Buy Trend lowest-low – Buy Trend

Price in support zone or bounces from support zone.

Sell

Signals: Sell Trend Highestt-hig – Sell Trend

Price in resistance zone or bounces from resistance zone.

Exit position

Place initial stop loss at the previous swing high/low.

Profit Target with ratio stop loss 1:1.3 or before of the resistance or support area.

 

In the pictures 300 pips a week with Price Action.

300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action
300 pips a week with Price Action

Telegram Channel: https://t.me/freeforexresources

300 pips a week with Price Action
300 pips a week with price action.rar
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Share your opinion

Comments: 2
  • #2

    Galit (Thursday, 10 December 2020 14:13)

    "Highest Lowest and Reentry Point (the heart of system)" is a recalculating indicator. To test it, set your timeframe to 1 minute and smooth the indicator to 1. After some signals, refresh your chart. Gone perfect entries

  • #1

    Solmyr (Wednesday, 09 December 2020 22:03)

    Hello I suggest to add date to each strategy, therefore people can check when strategy was most efficient

    Best regards

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