Trend Following Forex Strategies Trend following is perhaps the most popular long-term strategy in all financial markets. As a trading strategy it is exceedingly effective and profitable when the conditions are favorable, is quite straightforward in its methodology, and there are many individuals, past and present, famous or obscure, who have used this strategy to success and riches. We should note that the technical aspect of trend following is in fact quite simple, but also that it requires, before everything else, discipline, sound money management, and patience from the trader. Trend following is not a short-term method, and patience and determination are as important as correct analysis as a result.
Trends are created by powerful underlying economic factors which may not be all that clear to those who are not very familiar with fundamental analysis. But the simple patterns created by the price action in response to the economic events can often be identified through methods that are easy to learn and apply. Thus, the retail trader has as much potential of success as the most experienced analyst if he can control his emotions and behave logically.
To apply this strategy we must first be aware of the existence of a trend. Trend Following Forex Strategies Without identifying a trend we would be gambling, and that’s not the purpose of trading forex. Both fundamental and technical analysis can be employed for identifying a trend, and both of them have their advantages and drawbacks. It is in general a good idea to use a combination of them for deciding on the trend’s character, and deciding on our entry and exit points.
Forex MA Candles Trend Following Strategy Forex MA Candles Trend Following Strategy: MA Candles channel trading is a trend following forex strategy based on the two moving averages and Ma Candle channel (price action indicator). Time Frame 30 min or higher. Currency pair: EUR/USD, GBP/USD, AUD/USD, USD/CHF, GBP/JPY, EUR/JPY, and other Currency Pair. Forex Indicators: 233 simple moving … Read more
Forex Super ADX Trend Following Strategy Forex Super ADX Trend Following Strategy: Direction Movement Index with MA Trading System is an trend following strategy based on the trend indicators and this strategy is for all the platforms for trading. Time frame 15 min Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF. Forex Indicators: Directional Movement Index (D+ D-, 14 … Read more
Forex Entropy Alligator Trend Following Strategy Forex Entropy Alligator Trend Following Strategy; This trend following trading system, we have two indicators: Alligator indicator created by Bill Williams and Entropy indicator (created by Aleksandr Pak ) which is an indicator of market strength. Forex Indicators: Alligator (13,8,5); EntropyMath forex indicator (12 period with 0.001 Buy level and -0.001 Sell … Read more
Forex EMA Bands Trend Following Strategy Forex EMA Bands Trend Following Strategy; This is a trend following trading system based on a set of exponential moving averages filtered by filter RSI indicator and MACD indicator with EMA. This setting is for those who use a metatrader 4 platform as it has these indicators. For traders who did not have these available indicatiors I have … Read more
Forex Dragon Trend Following Strategy Forex Dragon Trend Following Strategy: The nature of forex is that it has a lot of noise especially in lower timeframes. As such, it’s difficult to trade off any timeframes less than 15 minutes. I recommend using the Profitable Trend Forex System in 1-hour, 4-hour, and Daily timeframes. If you … Read more
Forex BB SMA Trend Following Strategy Forex BB SMA Trend Following Strategy: This Trading System uses three time frame:15 min), 2) H1, 3) 240 min . Forex Indicators: 3 SMA , 11 SMA, 34 SMA, Bollinger Bands (20, 2). Rules: MultiTimeFrame Trading system with SMA and Bollinger Bands Long Entry Enter on 15 minutes chart. On 15 minutes … Read more
Forex Retracement Trend Following Strategy Forex Retracement Trend Following Strategy; This is an daily trend following forex trading system, based on the two smoothed moving averages and the envelope indicator. I think, that for forex strategies trend following, the best moving averages are those smoothed. Time Frame Daily. Currency pairs:any. Forex Indicators: Moving average smoothed … Read more
Forex Mantra Trend Following Strategy Forex Mantra Trend Following Strategy: Setup :- 1. Simply extract the folder FX MANTRA to your computer. Better to be in the desktop. 2. Launch or Run your Meta trader 4 with internet connection on it. 3. Right Click on the chart and scroll down to TEMPLATES. 4. Click on … Read more
Forex WPR Slow Trend Following Strategy Forex WPR Slow Trend Following Strategy; This trading system is a trend followin strategy based on three Exponential moving averageswith levels (50 and -50). I have add also a filter: WPR Slow indicator but it is optional. Time Frame H1 and 4H Indicators: Exponential Moving Average 5; (with levels 50; -50) Exponential Moving Average 11;(with … Read more
Forex Direction Lines Trend Following Strategy Forex Direction Lines Trend Following Strategy: Markets Traded – Forex, Major Pairs (GBPUSD, EURUSD, USDCHF, USDJPY) Charts – 4 hour and 1 Hour Charting Software – Any Indicators Trendlines Pivot Points 100 Period Simple Moving Average 150 Period Simple Moving Average MACD (8,17,9) Stochastic (8,3,3) Setting Up Your Charts … Read more
Forex Best Profit Trend Following Strategy Forex Best Profit Trend Following Strategy; This strategy is not recommended for beginners Indicators used in Forex Profit Strategy Since Forex Profit Strategy is based on day trading, the indicator and the settings used in this strategy are based on the theory that the trades should be placed as soon as … Read more
Forex Four EMA Trend Following Strategy Forex Four EMA Trend Following Strategy; Time Frame 30min or higher. Currency pairs:any. Indicators: MACD (3,7,1) Awesome four movung averages: 1) 176-Period Exponential Moving Average of Close Price (blue) 2) 144-Period Exponential Moving Average of Close Price (orange) 3) 44-Period Exponential Moving Average of Close Price (blue) 4) 36-Period Exponential Moving Average of Close Price (orange) We use the moving averages as a guide to direction and trend-strength. – … Read more
Forex Max Snake Trend Following Strategy Forex Max Snake Trend Following Strategy; Rules: #1 Always Manage Risk Indicators used: 4HR Chart 3 period EMA (Exponential Moving Average) 30 Period EMA Parabolic SAR .02 Maximum .2 Entry Requirements When the 3 period EMA crosses the 30, then enter the trade in the direction of the cross Put Stop Loss … Read more
Forex Braidens Grail Trend Following Strategy Forex Braidens Grail Trend Following Strategy: Open any Forex chart, put the “Williams Percent Range” indicator just use the standard settings you don’t have to change anything. Next click and drag the “RSI” over the Williams Percent Range Indicator, using standard settings. Ok you’re done. Next double-click “Accelerator Oscillator” … Read more