The Trend Focus trading strategy is designed to minimize false signals typical of trend trading systems through a combination of moving averages filtered by support and resistance areas.
Strategy parameters
- Platform: Metatrader 4
- Currency pairs: any
- Timeframe: M15 and higher
- Trading time: any
- Risk management: choose such a lot size that the risk is not larger than 2-5% of the deposit per trade
Indicators used
- Pivot Points levels
- Round numbers
- Supply Demand
- Fractals
- Moving Average (50, close)
- Moving Average (34, close)
- Fan of Moving Averages
- Woodie CCI
Installing indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the MQL4 folder -> Indicators
- Copy the templates to the templates folder
- Restart the terminal
- Open the chart of the required currency pair
- Install a template named Trend Focus
The price chart should look like this:
Signals indicating the opening of a BUY position
- the price bounced up from the support zone;
- the price closed above the moving average fan;
- both moving averages (34 and 50) are green;
- Woodie CCI is above zero, the square on the histogram is green.
Signals indicating the opening of a SELL position
- the price bounced down from the resistance zone;
- the price closed below the fan of moving averages;
- both moving averages (34 and 50) are red;
- Woodie CCI is below zero, the square on the histogram is red.
Setting stop loss and take profit
- stop loss is set above / below the resistance / support zone or above / below the previous local high / low;
- take profit is set near the Pivot level in front of the support or resistance zone.
Before using the Trend Focus trend trading strategy on a real account, I recommend testing it on a demo account first.
In Trend-Focus.zip file you will find:
- BK Fan.ex4
- BK Fractals.ex4
- BK MA 4×4.ex4
- BK MA 34.ex4
- BK MA 50.ex4
- BK Pivots.ex4
- BK Round Numbers.ex4
- BK Supply Demand.ex4
- BK Woodie.ex4
- Readme.txt
- Trend Focus.tpl
Download Trend Focus strategy files for free: