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Trend Prowler Trading System
Trend prowler strategy is using a 15 minute timeframe in all currency pairs.
Forex Indicators:
- Arrows indicator
- Trend Prowler (ADX1=10, ADX2=12, ADX3=14), indicator,
- VQLPro indicator
Rules for Long Entry:
- Aqua arrow indicates buy;
- Wait that the Trend Hunter Arrow up appears.
Rules for Short Entry:
- Red Arrow indicates buy;
- Wait that the Trend Hunter Arrow down appears.
Condition for buy and sell:
VQLPRO is greater than EMA
Notes:
• Do not enter a position based on the current bar to avoid the possibility of redrawing/repainting.
• Previous bars are not repainted and hence can be used as safe entry signals.
• To avoid false signals make sure you use a tight and constant stop losses to identify any false signals.
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