Trend Following Profitable Forex Strategy Download

The Trend Following Profitable Black Panther Forex Strategy provides simple buy/sell signals. Based on four different indicators, this system. On-screen dashboards that display ATR, Daily High/Low, and other useful data are included.

With outputs of positions at specified price levels, it is a trend-following trading system with a strong filter that aims to have an average profitability of between 56 and 70%. The system is simple to use. It is based solely on the chart’s two indicators. The first determines the market trend and serves as a filter, while the second determines the timing of market entry.

Describe the trend arrows filter indication briefly: I draw attention to the fact that it is a reliable indication that can also be applied to other trading systems (trend, breakout, trend-momentum, as well as price pattern).

The entire Trend Following Strategy is manual. The indicators generate the signals, but the trader ultimately decides whether to enter the market and whether to establish protection stops or profitable exit stops. As a result, the trader must be conversant with the concepts of risk and reward and set entries and exits using initial support and resistance levels.

Black Panther Indicator can provide trading signals that you can use as-is or combine with extra chart research to further filter. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.

Stick to your money management plan and avoid trading during a period of breaking news. Before a half-hour and an hour of the high-impact forex news, stop trading.

Pattern recognition and Candlestick alert are the two pattern indicators. The best patterns must be chosen, either from those suggested by the other Candlestick indicator or from a personal preference, because the Pattern Recognition Master indication is more stable.

This Profitable Forex Strategy allows you to configure it to provide you signal alerts. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.

Any Forex currency pair as well as other assets like equities, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded using the trend-following forex strategy. Additionally, you may apply it to any time frame that works best for you, including charts for one minute to one month. work best with TimeFrames of M15 or above.

Trading rules

Stick to your money management plan and avoid trading during a period of breaking news. Half an hour after the big currency news, stop your trades.

As usual, use wise money management to get the best outcomes. You need to master discipline, emotions, and psychology to be a successful trader. Knowing when to trade and when not to is essential. Avoid trading at times and under unfavorable market conditions, such as low volume or volatility, outside of the main sessions, with exotic currency pairs, wider spreads, etc.

With trending currencies, this trend-following method performs well. To find the trend, suggest employing this trend arrows indicator on a longer timeframe.

Buy Entry

• Below the graphic are white Trend arrows.
• White arrow, BuySellWait.

Sell Entry

• Above the graphic are blue Trend arrows.
• Blue arrow, BuySellWait.

Trade Exist

Profit Ratio Stop/Loss: 1:1 to 1:11.5, Profit Target: along lines of levels.

This approach allows for the liquidation of any positions using a predetermined profit target. As an alternative, the profit target ought to be established utilizing prior support or resistance as a guide. To position your take profit a few pip below that level, you can draw a line horizontally from the prior support/resistance level. In the event that the system’s conditions change (the opposite Arrow emerges), you can also close the transaction manually.

It is advised to employ a stop loss. Set the stop loss below the entry price using prior support and resistance as a guide or on the prior high and low swing. It is not advised to use fixed stop loss values without any reference points.