New Trend Following Trading Strategy

Hi team,

I want to share with you a new trend following trading strategy. Most of my trading is trend following and I like to trade pullbacks to find value.

This strategy is 100% rules based and uses only 2 indicators . The first is my OGT Pivot Point Indicator (download below) which uses daily pivot points, support and resistance levels1. The second one is the Bill Williams Fractal Indicator (MT4 Standard), which provides us with confirmation of pullback reversals.

Tutorial video explains all indicator settings and entry rules.



I also cover chart examples of trade setups, entries, stop loss and take profit targets.

Policy rules:

1. R1/S1 hit new highs/lows for two consecutive days
2. Day 2 - Wait for price to hit the daily pivot point
3. If daily pivot point is not reached, return to step 1
4. When the daily pivot point arrives - wait for the buy/sell fractal to form
5. Enter a position - TP: S1/R1 SL: above/below fractal
6. Minimum risk-reward ratio 1:1

I recorded this video last week but there is a great setup for EUR/USD on Friday and there is a screenshot and commentary below to walk you through the strategy. It may seem complicated, trust me, it's really easy to understand. I recommend watching this video as it explains another trading example.


Equally important, EUR/USD has a potential setup on Monday. R1 has been reached over the past two days (Thursday/Friday) and continues to move higher. What we are now waiting for is a pullback to Monday’s daily pivot.