Forex Indicators Trend Following Strategy

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Forex Indicators Trend Following Strategy

This is a trend following strategy that uses 1 hour timeframe or higher.

Forex Indicators needed:

  • MACD Traditional (default)
  • Stochastic (20, 5,5)
  • CCI (20)
  • QQE (20)
  • Slope Direction, suggested is 20,2,0.

Note: Slope direction blue= long, red = short.

For Buy:

  • Enter position when 3 or 4 indicators show there signals are in agreement with the slope direction.
  • MACD long signal = MA must cross below the 0 line and 1 histogram above the 0.
  • Stochastic long signal = must cross below the 20.
  • CCI long signal = line crossed the 0 line.
  • QQE long signal = RSI must cross above the ATR.

For Sell: 

  • Enter position when 3 or 4 indicators shows there signal and agree with the slope direction.
  • MACD short signal = MA must cross above the 0 line and 1 histogram below the 0.
  • Stochastic short signal = crossed above the 20.
  • CCI short signal = line crossed the 0 line.
  • QQE short signal = RSI crossed above the ATR.

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