673# M1 Trend Reversal with P123 and ZZ NRP AA
HFT high freqency trading.
ZZ NRP AA
M1 Trend Reversal with P123 is a trading system configured for 1 min time frame only, so it is only for traders experienced in low time frame trading.
The trading system is trend reversal but has the particularity that when it is against trend to enter the market, look for pattern 123, when instead it is the signals are in trend, follow without looking for the pattern. To locate the pattern, the telephone is used as a pivot and the more expert will trace the levels by hand, otherwise the second arrow will be compared in the same direction.
In any case, if you are not expert in looking for pattern 123 and do not want to trade against trend, you can simply trade by following only the arrows in the direction of the trend (also in this case the system is profitable and generates many operations).
The configuration of this system is only for 1 min Time Frame. for other time frames the system is to be recalibrated.
Trade with this major minor commodities and indices system.
It is also recommended to use an ea that manages positions. in my opinion, to trade intraday and at a time frame of 15-30-60 and 240 it should be the rule, because many positions can be opened and the EA manages them.
This is a good system to learn how to trade because there is: price action, trend following reversal and possibly position management with an EA, so practicing for 1 month with this system means growing).
Metatrader 4 indicators
Pux Sun (0,12, 233) price action indicator the pivot basic for find p123 (recalculates);
I-Q2MA (21, 55,1);
Moving average 55 shift 27
THV coral 480 period the main trend.
ZZ NRP AA
Trading only in the direction of the trend
Buy or sell arrow confirmed by coral and moving averages.
Trades can all be closed when coral changes direction. If you don't like this arrow you can replace it with Half trend amplitude from 3-6 or with Stop and reverse with this setting (period 10 multipler 4.0)
In fact, the trades reversal trends are for educational purposes only. Why this system hides an operation that comes from the options trading reduce the risk with two using two strategies simultaneously., But this topic is not the purpose of this article and I leave the question to your imagination. my advice is to use the system following only the trend signals, I showed you the use of the counter trend reversal only to stimulate your imagination. In any case, using the system in trend this strategy is profitable.
In the pictures M1 Trend Reversal with P123 and ZZ NRP AA
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