Trend System - Now Testing - MT4/MT5 Resources

Hi,

English is not good but I try to explain. If anyone has questions ask me. Apply it to your mt4 and try it out first. Still in backtesting stage

Use a 5-minute time frame.

Daily 1 hour candle buying rules after close:
The previous day's close was above the trend identifier [trend identifier based on h4 timeframe]. The trend must take into account the previous day's closing price above the trend identifier blue candle appears before or after the buy arrow [lime gray]

3 Stop Loss entries:
Stop loss at today’s low of 1% Stop loss at today’s low of 2%
3% stop loss 5 pips below today’s pivot point

entry:
Place a BuyStop order 2 pips above a candle where a buy arrow [must be preceded by a blue candle] or a blue candle [must be preceded by a buy arrow]
Take profit:
1:1 risk reward. Use a 1:2 risk reward for a 1% stop trade, or let it run or close at any time.

Selling rules:
The previous day's closing price was below the trend identifier [trend identifier based on h4 time frame]. The trend must be considered down until the previous day's close is above the trend identifier. A red candle appears before or after the sell arrow [yellow].

3 Stop Loss entries:
Stop loss at 1% of today’s high, stop loss at 2% of today’s high
3% stop loss 5 points above today’s pivot point

entry:
Place a sell stop order Take Profit 2 pips below a sell arrow [must be preceded by a red candle] or a red candle [must be preceded by a sell arrow]:
1:1 risk reward. Use a 1:2 risk reward for a 1% stop trade, or let it run or close at any time.