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652# Forex Treasure Map

Day trading strategy

Trend following strategy with MT4

Submit by Marc

 

 

Forex Treasure Map is a sistem of filter for day trading (work only 5 min chart). This Trading system is composed by an arrow e four filter. When there is a arrow is confirmed when all four the filter are agrre with arrow. The strategy is trend following but the strategy is trend following but the profit can be taken on the pivot levels. The strategy is trend following but the profit can be taken on the pivot levels. Being the trend following strategy the profitability by definition tends to be less than 50%, but the filter system and the outputs on pivot levels help to improve profitability.

Time frame 5 min.

Currency pairs: EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, GOLD, EUR/AUD, EUR/NZD, EUR/GBP.

Trading Sessions: London and New York.

 

Metatrader 4 Indicators:

Aizig arrow.

Confirm 2

Confirm 3

Zwinner trend Indicator default setting

Pivot Poins Levels

Info.

 

Trading rules Forex Treasure Map

Buy

Aizig buy arrow.

Confirmation 2 blue bar.

Confirmation 3 blue bars.

Zwinner trend blue bar.

 

Sell

Aizig sell arrow.

Confirmation 2 red bar.

Confirmation 3 red bars.

Zwinner trend indicator red bar.

 

Exit options:

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

 

Profit target on pivot points levels or ratio stop loss 1:1.18

In the pictures Forex Treasure Map in action.

Forex Treasure Map
Forex Treasure Map
Forex Treasure Map
Forex Treasure Map
Forex Treasure Map
Forex Treasure Map
Forex Treasure Map
Forex Treasure Map

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Forex Treasure Map
Forex Treasure Map
Forex Treasure Map.rar
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