TST and EMA Trading Strategy (TST and EMA Trading Strategy)

Triple Super Trend and EMA Trading Strategy for USOIL, GBP/JPY and USD/JPY

This strategy combines the power of a triple supertrend indicator and two exponential moving averages (EMA) to capture strong trends in volatile currency pairs such as USOIL, GBP/JPY, and USD/JPY. The goal is to trade in the direction of the dominant trend while minimizing the impact of market noise.

Indicator settings:

1. Triple Super Trend Indicator:
   1. First Supertrend: ATR Period = 10, Multiplier = 3
   2. Second Supertrend: ATR Period = 12, Multiplier = 3.5
   3. Third Supertrend: ATR Period = 14, Multiplier = 6

   
   
   

2. Exponential Moving Average (EMA):
   1. 10 period EMA (green and read)
   2. 25 period EMA (green and read)

   
   
   

Trading rules:
1. Buy signal (long position):

1. All three Supertrend indicators are green, signaling a strong uptrend.
2. The 10 EMA crosses the 25 EMA (green), confirming the uptrend.
3. Price action is above both moving averages, ensuring that it remains in line with the trend.
4. Price is close to the 10 EMA, indicating the potential for strong continuation.
5. Price action such as candlestick patterns and short-term trendline breakouts should support entry.
6. Monthly, Weekly, Daily Open Lines : Analyze the price action around these lines; if the price is clean (clear breakout, no major resistance), the winning percentage increases.
7. Entry: Enter a long position when all the above conditions are met.
8. Avoid unclear charts : If the chart is filled with conflicting signals or price swings, avoid taking a trade.

2. Sell signal (short position):

1. All three supertrend indicators are in red, signaling a strong downtrend.
2. The 10 EMA crossed below the 25 EMA (read), confirming the downtrend.
3. Price action is below both moving averages, ensuring that it remains in line with the trend.
4. Price is close to the 10 EMA, indicating the potential for strong continuation.
5. Price action such as candlestick patterns and short-term trendline breakouts should support entry.
6. Monthly, Weekly, Daily Open Lines : Analyze the price action around these lines; if the price is clean (clear breakdown, no significant support), the winning percentage increases.
7. Entry: Enter a short position when all the above conditions are met.
8. Avoid unclear charts : If the chart is filled with conflicting signals or price swings, avoid taking a trade.

Stop loss and take profit:
Stop loss:

1. For long positions: Set your stop loss at an ATR value 1.5 to 2 times below the entry price.
2. For short positions: Set your stop loss 1.5 to 2 times the ATR value above the entry price.

Take profit:

1. Option 1: Set a fixed risk to reward ratio of 1:2 (for example, if your stop loss is 50 pips, set your take profit to 100 pips).
2. Option 2: Use key support/resistance levels as your take profit targets.
3. Option 3: Use a trailing stop based on ATR or the nearest super trendline to lock in profits while the trend continues.

Expected win rate:

1. Win Rate: This strategy has an estimated win rate of around 60-70% in trending markets, possibly higher if clear price action is observed around the monthly, weekly and daily opening lines. Avoiding unclear charts is key to maintaining a high win rate.

Added INside bar indicator

When applying insider trading strategies to specific instruments such as the GBP/JPY (GJ), USD/JPY (UJ) and Crude Oil (OIL) charts, there are some nuances to consider based on the volatility and characteristics of these markets.
1. GBP/JPY(GJ) - Insider Strategy:

1. Volatility: GBP/JPY is known for its high volatility, which can cause large price swings. This makes inside breakouts potentially very profitable, but also riskier.
2. Timeframe: It is recommended to use the 4-hour chart and the daily chart to spot the Inside Bar setup on GJ. These time frames can reduce noise and false breakouts.
3. Trend Continuation: Given the volatility of this currency pair, it would be wise to adjust your trades based on the current trend. Inside bars in strong trends often lead to explosive breakouts.
4. Key Levels: Pay attention to major support and resistance levels, as inside bars forming around these levels can signal significant moves.

Setting example:

1. Entry: If the trend is bullish, place the buy stop above the parent bar's high; if the trend is bearish, place the sell stop below the low.
2. Stop Loss: Set your stop loss below the low (buy) or above the high (sell) of the parent bar.
3. Take Profit: Consider using a risk to reward ratio of 1:2 or 1:3 and target recent swing highs or lows.

2. USD/JPY(UJ) - Insider Strategy:

1. Volatility: USD/JPY tends to be less volatile than GBP/JPY, which can lead to more reliable breakouts but less price volatility.
2. Timeframe: The 4-hour and daily charts work well for UJ, providing a good balance between catching trends and avoiding market noise.
3. Risk Management: Since UJ is less volatile, your stops can be tighter, resulting in a higher risk-to-reward ratio.
4. Consolidation Periods: USD/JPY typically consolidates before major economic events such as US non-farm payrolls data, so look for inside bars during these periods.

Setting example:

1. Entry: Set a buy stop above the parent bar high in an uptrend and a sell stop below the low in a downtrend.
2. Stop Loss: Set the stop loss outside the busbar.
3. Take Profit: Aim for a conservative target, such as a risk-to-reward ratio of 1:2, given the typical price action of a currency pair.

3. Crude Oil (OIL) - Inside Bar Strategy:

1. Volatility: Crude oil is highly volatile, affected by geopolitical events, OPEC meetings and inventory reports. This can cause large price swings, making inside breakouts potentially very profitable.
2. Time Frame: The daily chart is often preferred for crude oil trading as it helps filter out intraday noise and focus on important price levels.
3. News Sensitivity: Oil is highly sensitive to news, so be careful when trading embedded gold lines during major events. Consider avoiding trading immediately before inventory reports or OPEC announcements.
4. Trend Trading: Inside bars forming in the direction of a strong trend can lead to large breakout moves, especially when combined with other technical indicators such as moving averages.

Setting example:

1. Entry: If crude oil is in a bullish trend, place a buy stop above the bus high. In a bearish trend, place your sell stop below the lows.
2. Stop loss: Set the stop loss outside the range of the parent bar.
3. Take Profit: Due to the volatility of oil, you might aim for a risk-to-reward ratio of 1:3 or even 1:4, targeting major support or resistance areas.

General tips that apply to all markets:

1. Confirmation: Use other indicators, such as moving averages or TST, Sidus, to confirm the direction of the inside breakout.
2. Avoid Volatile Markets: The Inside Bar strategy works best in trending markets. Avoid using it in sideways or volatile conditions, which can lead to false breakouts.
3. Please be aware of spreads : especially with GBP/JPY, larger spreads may affect your stop loss position. Always consider spread costs when placing an order.

By understanding the specific characteristics of the GJ, UJ, and crude oil markets, you can tailor your Inside Bar strategy to increase its effectiveness and appropriately manage risk.

The updated indicator file is as follows