Simple Momentum Strategy

 Simple Momentum Strategy is is a classic trend momentum strategy with two configurations: the first for the lateral phases therefore with more accentuations of the momentum signals, the second the second for trending markets. The trading System is based two indicators (Arrow and Zone). Arrows are producing signals. The indicator Zone is a filter to reduce number of fake signals. The settings of each indicator can be changable for different charts. See below in the picture the setting.

Features Simple Momentum Strategy

Type of strategy: Day Trading

Style: Trend Momentum

Time Frame 15 minutes or higher.

Currency pairs :any

Platform: Metarader 4.

Profittability: Medium.

Long entry

Blue Arrow in the yellowzone and above moving average.

How To Exit BUY Position:

- Opposite arrow (Red) - The candle closing below Moving Average. Fast Profit Target.

Short Entry

- Red Arrow s in the yellow zone - Red Arrow below the Moving Average

How To Exit SELL Position; - Opposite arrow (Blue) - The candle closing above Moving Average, Fast Profit Target.

See the pictures

 Download

https://drive.google.com/drive/folders/1bXsotNyVzod1DKUSEpghHf1F5mK8jS85?usp=sharing