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199# Trend Arrow Strategy. Make 50 pips a day.

Trend Momentum Forex Strategy

Schaff Trend Cycle with Support and Resistance as filter

Submit by Leo

 

Trend  Arrow Strategy is a trend momentum strategy based on indicators trend following and momentum indicators. The purpose of this trading system is to follow the market, I keep in mind the dynamics that influence its course such as its support and resistance levels.The arrow of this strategy is trend following but the indicator is not always followed because three filters are applied (Awesome, Accelerator, Schaff trend cycle pro). So when Arrow appears, you must verify that the conditions required to make a purchase or sale order have been met.

Setup Strategy

Time Frame 15 -30 -60 minutes.

Currency pairs: Major, Minor ad Indices and Commodities.

Metatrader 4 Indicators

Main chart

Fractal support and resistance with button 

SuperDem (RS zone)

Enter Signal

Secret Profit Boost Arrow (13, 5,  customized setup).  When the signal is weak as indicated in the upper left corner of the screen do not get into position.

In Sub Window

Schaff Trend Cycle with Awesome and Accelerator

Trading Rules Trend Arrow  Strategy

Buy

Candle price above support zone

Secret Profit Boost buy arrow

Schaff Trend Cycle green square

Awesome+Accelerator green color (optional).

Sell

Candle price below resistance zone

Secret Profit Boost sell arrow

Schaff Trend Cycle red square

Awesome+Accelerator red color (optional).

Important: do not enter the position if the arrow setup candle is near a resistance or support zone.

This is important because the set is slow and tries to get into position when the movement has begun.

Exit position

Place initial stop loss below / above the previous swing high low.

Close the position at the opposite arrow or at the support and resistance levels.

Note, important. The main difficulty of this strategy, that is when to close a position on a support or resistance level or to follow the position. One solution can be to use a trend indicator such as ADX or RSIOMA.

The trading system is very neat simple to follow and easily recovers losses.

 

Examples of trades

Trend Arrow  Strategy. Make 50 pips a day.
Trend Arrow Strategy. Make 50 pips a day.
Trend Arrow  Strategy. Make 50 pips a day.
Trend Arrow Strategy. Make 50 pips a day.
Trend Arrow  Strategy. Make 50 pips a day.
Trend Arrow Strategy. Make 50 pips a day.
Trend Arrow  Strategy. Make 50 pips a day.
Trend Arrow Strategy. Make 50 pips a day.
Trend Arrow  Strategy. Make 50 pips a day.
Trend Arrow Strategy. Make 50 pips a day.

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

Trend Arrow Strategy. Make 50 pips a day.
Trend Arrow Strategy.rar
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