Forex Booster Trend Following Strategy

Forex Booster Trend Following Strategy

Forex Booster Trend Following Strategy:

Forex Booster Trend Following Strategy

Trend Booster System is a trend following strategy based on trend arrow signal filtered by Trend Envelopes Slow. The main feature of this trading system is that the strategy find the trades into the trend.

There are two ways for this template. The first simple and the second with two filters. The template with two filters (rend Envelopes Slow and FX, FX Bin alert.) is also good for trading with Binary Optipns high/low.

Expiry time 3-5 candles.

Time Frame 15 min or higher.

Currency pairs majors.

Metatrader Indicators:

Trend arrow signal,

Trend Envelopes Slow, 34 period,

FX Bin alert.

Trading Rules Trend Booster System

Buy

Trend arrow buy signal,

Trend Envelopes Slow blue line below the price.

Sell

Trend arrow sell signal,

Trend Envelopes Slow orange line above the price.

Template 2

Buy

Trend arrow buy signal, but as alert.

Trend Envelopes Slow blue line below the price.

FX Bin alert line aqua color

Buy when Fx Bin alert and Trend Envelopes Slow are agree.

Sell

Trend arrow sell signal, but as alert.

Trend Envelopes Slow orange line below the price.

FX Bin alert line orange. color

Sell when Fx Bin alert and Trend Envelopes Slow are agree.

Exit position with profit target and stop loss predetermined that depends by pairs and time frame. Ratio Stop loss/profit target is 1/1.

The template 1 generates more signals.

Example of PT and SL on GBP/JPY

15 min TF: PT=20, SL 20

30 min TF: PT=30, SL 30

60 min TF: PT=40, SL 40

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 Booster Trend Following Strategy?

  • Download Forex Booster Trend Following Strategy.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 Booster Trend Following Strategy?

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”.

Download Free Forex Booster Trend Following Strategy

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