Forex Ansatsu Trend Follower Trading System
Forex Ansatsu Trend Follower Trading System:
This system is designed for longer time frames, it’s a trend following system that just ride the trend to the maximum profit, you can use shorter time frames but you will be exposed to more market noise, this system works perfectly in D1 time frame.
This system is made of two basic functions:
1º: Determining the actual trend (The trend director indicators)
2º: Determining when to take a position (The trade activator indicators).
Longer ATR stop line = red line;
Shorter ATR stop line = yellow line.
Now let’s go to the rules:
Up trend:
-ATR stops must be below the charts, (the shorter and the longer atr stop
indicators) its easy to spot a reversal of the atr stop, if the close of the bar is below or above the atr stop line, it means a reversal, it’s the close and not the high or low of the bar that determines that;
-The dots in the chart must be blue;
-Histobands indicator must be in blue color or above zero;
-CCI_T3 indicator must be blue or above zero;
-Bar color indicator must be blue.
Down trend:
-ATR stops must be above the charts;
-The dots in the chart must be red;
-Histobands indicator must be in red color or below zero;
-CCI_T3 indicator must be red or below zero;
-Bar color indicator must be red.
The rules I wrote above is just for determining the trend and not when to take a position, to take a position you must be with right momentum, indicators will tell you that.
The main indicator for trade activator is the bar color, this indicator shows three are
Blue = up trend;
Red = down trend;
White = neutral.
For taking buy position the blue color must appear after a white area, that’s perfect momentum to take a position, for this to happen all the others indicators must be too in uptrend situation like I said above, they determine the trend. Now I said the bar color was the main indicator to determine when to take a position, but not the only, the unique indicator that does not serve for trade activation is the CCi_T3, this one is only for determining the trend! If you take a position when CCI_T3 changes trend direction you are not in a good momentum.
If the bar color triggers buy position and for example if the atr stops are not below the chart or the dots are not blue you wait for these indicators to turn direction, the same for the histobands, if the histobands is still red, wait for it to turn blue, if you don’t wait you may take a false signal and loose the trade, now for this to happen the CCI_T3 had to be already in blue color before the bar color indicator turning to blue;
For taking sell position is the opposite.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Ansatsu Trend Follower Trading System?
- Download Forex Ansatsu Trend Follower Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Ansatsu Trend Follower Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
