221# Super Precision Long Trend (Get Money).
Long Trend for Trading
Precision Trend Strategy
Submit by Janus Trader
Super Precision long trend is a trend following strategy based on trend indicators to generate trading signals: Precision trend (slow) and Parabolic Sar. The configuration of the Precision trend is very slow so as to determine a solid trend. The timing signals are determined by the Parabolic sar only in the direction of the tred determined by the Precision trend. On the chart I have inserted TMa Bands as dynamic support and resistance levels which can be interpreted as fast target levels.
This strategy was designed for hedging, so those who use this technique can use a reverse order instead of the stop loss.
Time frame 5 min or higher.
Financial instruments: forex, stocks, indices, commodities.
Trading platform: Metatrader 4.
Metatrader 4 indicators:
Precision Trend lead indicator (10.0, 30 periods);
Parabolic Sar 0.01, 0.2;
Fast TMA (60 periods, 1.7);
Fast TMA (50 periods, 2.2);
Zig Zag with arrow.
Trading rules Super Precision Long Trend (Give Money).
Trades only in the direction of the trend.
Precision Trend green bar.
Parabolic Sar dot aqua below the candle.
Precision Trend red bar.
Parabolic Sar dot purple above the candle.
Note.Do not assume positions when the price is overbought or oversold in the dynamic support and stability levels drawn by the TMAs (optional).
Place stop loss above below the dots of the Parabolic Sar.
Fast profit target at levels of TMA.
Exit position when parabolic sar changes direction or when precision trend changes direction.
Examples of trades.