HomeForex StrategiesForex Indicators Trend Following Strategy

Forex Indicators Trend Following Strategy

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.

Recommended MT4 Broker

  • Free $50 To Start Trading Instantly! (Withdrawable Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

Recommended broker

>> Claim Your $50 Bonus Here <<

Click here below to download:

Save

Save



Get Download Access

Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular MT4 Indicators

Most Popular MT5 Indicators