Cycle Explorer Filter

Cycle Explorer Filter with HMA forex system, a trend-following strategy leveraging two MT4 indicators: Cycle Explorer acts as a filtering mechanism for the HMA Indicators MT4.

Setup:
Timeframe: 30 minutes or higher.
Suitable for all currency pairs.
Indicators Required
Super Channel
Cycle Explorer
HMA period (20). Recommended to adjust for each timeframe and currency pair.
Trading Rules
The Cycle Explorer effectively filters out short-term market noise, providing clarity on medium-term trends.
Buy Signal
HMA displays a buy arrow.
Cycle Explorer's blue line confirms the upward trend.
Sell Signal
HMA displays a sell arrow.
Cycle Explorer's blue line confirms the downward trend.
Exit Strategy
Set stop-loss above/below the previous swing high/low.
Aim for a profit target of at least 1.1 times the stop loss.