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
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