Lucky Reversal with Moving Averages

 Lucky Reversal with Moving Averages is a trend reversal trading system.

Setup Strategy

Time frame 15, 30, 60. minutes.

Currency pairs:any.

Platform MT4.

Indicators MT4

Lucky Reversal (60 min for 15 min time frame, 240 for 30 and 60 min time frame.).

Exponential moving average 14 periods, close.

Exponential moving average 20 periods, close.

Trading Rules

Entry and Exit Rules

Long Entry (Buy)

Lucky Reversal Indicator signals an uptrend (blue arrow).

EMA 14 crosses above EMA 20 (confirming an uptrend).

Enter a long position at the close of the candle that confirms the crossover.

Short Entry (Sell)

Lucky Reversal Indicator signals a downtrend (red arrow).

EMA 14 crosses below EMA 20 (confirming a downtrend).

Enter a short position at the close of the candle that confirms the crossover.

1. 

   Risk Management

Stop Loss

• For Long Trades: Below the last swing low.

• For Short Trades: Above the last swing high.

• Alternatively, use a fixed stop loss of:

  • 15-25 pips on M15

  • 25-40 pips on M30

  • 40-60 pips on M60

Profit Target

• Method 1: Risk/Reward ratio of 1:2 (if SL is 20 pips, TP will be 40 pips).

• Method 2: Exit when the Lucky Reversal Indicator changes direction (from blue to red or vice versa).

• Method 3: Use a trailing stop of 10-15 pips to lock in profits.

This strategy combines reversal signals with moving average confirmation, increasing the probability of successful trades.

Download: https://drive.google.com/file/d/1vpXb6AOHZ1yIOOih3vGhWH2iokf7vPCj/view?usp=sharing