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Big Bull MT5 Trend Following Strategy FREE DownloadBig Bull MT5 Trend Following Strategy FREE Download

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The Big Bull System is a trend following strategy for MT5 and is available as a free download. What's special about this MT5 trend following system is that it combines trend following technology with supply and demand indicators. In this article, we will take a closer look at its mechanics and its suitability for different types of traders.

The Super Bull strategy emphasizes trading in the direction of the trend while taking into account key support and resistance levels. By integrating these aspects, traders can gain a more complete understanding of the market and therefore make more informed trading decisions.

Whether you're just starting out or have years of experience, this strategy is flexible and intuitive enough for traders of all levels.

Indicators used in this trend following strategy

The system uses a variety of indicators including BIGBULL CANDLES, BIGBULL PTL, BIGBULL Ribbons, BIGBULL JMA, BIGBULL BARS, BIGBULL DOT, BIGBULL Histogram as well as supply and demand indicators. These indicators work together to help traders identify the correct market direction near support and resistance zones.

These are the primary indicators used in trend following strategies to determine entry points. But the system does come with an additional indicator so you can try to filter the signal further.

  1. EMA (50 and 200 Exponential Moving Average, Close) : A widely used tool for determining the strength and direction of a trend.
  2. BIGBULL CANDLES : This modifies chart candle colors to resonate with moving average convergence divergences, providing the ability to visually easily identify underlying market trends.
  3. BIGBULL PTL (Perfect Trend Line Indicator) : Reflects the highest and lowest points of two different periods. Based on these values, subsequent trends are derived, helping traders identify potential breakout or breakdown scenarios.
  4. BIGBULL Ribbons : This innovative tool utilizes the "speed" property of the EMA change indicator to construct a band, thus helping to identify potential crossovers without modifying the calculation period.
  5. BIGBULL JMA : A unique feature of the Jurik Moving Average (JMA) is its adaptability, meaning it adjusts to market fluctuations. The Super Bull strategy adds another layer of adaptability by incorporating average true range (ATR). This dual adaptation, especially during periods of high volatility, provides traders with tools that are more sensitive to market changes.

This Big Bull system can give you trading signals that you can keep as is or add additional chart analysis as suggested to further filter the signals . While the system can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account until you become consistent and confident enough to start using it.

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Trend following strategies are entirely manual. Indicators will generate signals, but any decision to enter the market and set a protective or profitable exit stop will be up to the trader. Therefore, traders must become familiar with the principles of risk and reward and use initial support and resistance areas to set up entries and exits.

The MT5 trend following trading system can be used on any Forex currency pair and other assets such as stocks, commodities, cryptocurrencies, precious metals, oil, natural gas, etc. You can also use it within any time frame that works best for you, But it works best on the M5, M15 and M30.

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Daniu system trading rules

When using this Big Bull System, remember to tighten your stops around high-impact news releases or avoid trading for at least 15 minutes before or after these events.

As always, to achieve good results, remember proper money management. To become a profitable trader, you must master discipline, emotions, and psychology. Knowing when to trade and when not to trade is crucial. Avoid trading during adverse times and market conditions, such as low trading volume/volatility, outside of main trading hours, exotic currency pairs, wide spreads, etc.

Buy Entry

  • Support Bounce : Ensures that the price bounces from the support level. This suggests that at these levels, when demand exceeds supply, there is underlying upside momentum.
  • PLT Signal : Wait for PLT to show a GREEN buy point, indicating bullishness.
  • Ribbon Confirmation : Ribbon 1 should be above Ribbon 2. This indicates that short-term momentum is bullish compared to long-term momentum.
  • ATR JMA Indicator : Make sure the ATR JMA shows a GREEN line, indicating bullish market conditions.
  • BIGBULL bar confirmation : The BIGBULL bar value should be greater than 0, confirming bullish sentiment.

Sell ​​Entry

  • Resistance Bounce : Watch to see if the price bounces off the resistance level. This indicates potential downside momentum as supply exceeds demand at these levels.
  • PLT Signal : PLT should exhibit a RED sell point, indicating bearishness.
  • Ribbon Confirmation : Ribbon 1 should be below Ribbon 2. This means that short-term momentum is bearish compared to long-term momentum.
  • ATR JMA Indicator : The ATR JMA should have a RED line indicating bearish market conditions.
  • BIGBULL bar confirmation : The BIGBULL bar value should be less than 0, reaffirming the bearish sentiment.

Trade Exist

Exiting a trade is just as important as entering it. It is crucial to know when to take profits or cut losses to maintain a profitable trading strategy.

  1. Stop Loss Placement : Initially, the stop loss is placed above (for a sell trade) or below (for a buy trade) the support or resistance area. This ensures that you exit the trade if the market goes against your position.
  2. Profit Targets :
    • Opposite Zone : Profit is booked before the price reaches the opposite zone (i.e. before it reaches resistance in a buy trade or support in a sell trade).
    • Risk-reward ratio : Set a profit target with a risk-reward ratio of 1:1.7. This ensures that your income exceeds the risk you take.
    • Ribbon Change : If Ribbon 1 changes direction, it is considered as a signal of predetermined profit.
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MT5 trend following system summary

This MT5 trend following system provides a balanced combination of trend identification, momentum detection and identification of key market levels. Its multifaceted approach combines a variety of technical indicators to provide traders with comprehensive tools to navigate the markets with confidence.

However, as with any strategy, it is necessary to backtest, practice, and understand the nuances before committing real capital. Every trader's risk appetite and trading style is different, so it's crucial to tailor your strategy to your own trading preferences, rather than relying solely on any single method. Happy trading!

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