4. HD system (trend follower) - MT4/MT5 resources
Hello everyone.
This is my stuff, extrapolated from everything I've read and learned on more forums.
4 H chart, 6 EMA closing prices 730, 365, 250, 200, 60 and 1 60 LWMA,
The best trend term is when all averages are pointing, especially 365 250 200!
Triggers are given by arrows and represented by indicators:
Buy_Blue Arrow, Blue and Green Indicators
SELL_yellow arrow, red and light red indicators
Trend follower means:
Only buy when the moving average is up
Only sell when the moving average is down.
Stop loss: the last low for an uptrend and the last high for a downtrend
Take Profit: Trailing Stop or 2 Stop Loss.
If you want my candles to close on your chart, this is my broker
This is my stuff, extrapolated from everything I've read and learned on more forums.
4 H chart, 6 EMA closing prices 730, 365, 250, 200, 60 and 1 60 LWMA,
The best trend term is when all averages are pointing, especially 365 250 200!
Triggers are given by arrows and represented by indicators:
Buy_Blue Arrow, Blue and Green Indicators
SELL_yellow arrow, red and light red indicators
Trend follower means:
Only buy when the moving average is up
Only sell when the moving average is down.
Stop loss: the last low for an uptrend and the last high for a downtrend
Take Profit: Trailing Stop or 2 Stop Loss.
If you want my candles to close on your chart, this is my broker
Attachment to original post (4)
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