Trend Activator Bars Forex Trading Strategy

The Trend Activator Bars forex trading strategy is a well-built system that will take you through not just a string of wins, but also aid in the management of losses.

The Gann HiLo activator bars and TrendRSI_v1 custom indicators has the ability to scope the market for profitable entries and possible breakouts.

Chart Setup

MetaTrader4 Indicators: Gann HiLo activator bars.ex4 (Inputs Variable Modified; Lb=24, Colors Width; #0=4, #1=4), TrendRSI_v1.ex4 (Colors Modified; #0=None)

Preferred Time Frame(s): 1-Minute, 5-Minute, 15-Minute, 30-Minute, 1-Hour, 4-Hour, 1-Day

Recommended Trading Sessions: Any

Currency Pairs: Any pair

Download

Download the Trend Activator Bars Forex Trading Strategy

Buy Trade Example

Fig. 1.0

Strategy

Long Entry Rules

Initiate a buy entry if the following indicator or chart pattern gets put on display:

  1. If the blue Gann HiLo activator bars gets put on display as shown on Fig. 1.0, price is said to be taken higher i.e. a trigger to buy the designated forex pair.
  2. If the sky blue line of the TrendRSI_v1 custom indicator hovers above the magenta line as seen on Fig. 1.0, the overall market sentiment is said to be bullish, hence a trigger to go long on the selected fx pair.

Stop Loss for Buy Entry: Place stop loss below support.

Exit Strategy/Take Profit for Buy Entry

Exit or take profit if the following rules or conditions takes precedence:

  1. If a red Gann HiLo activator bars pop up on the activity chart while a buy signal is running, it is an indication of weaning bulls power, as such an exit or take profit will suffice.
  2. If the sky blue line of the TrendRSI_v1 custom indicator intersects the magenta line to dip below, a bearish reversal is said to be looming, as such an exit or take profit will do.

Sell Entry Rules

Enter a sell order if the following holds true:

  1. If the red Gann HiLo activator bars gets put on display as depicted on Fig. 1.1, price is said to be taken lower i.e. a trigger to sell the selected currency pair.
  2. If the magenta line of the TrendRSI_v1 custom indicator hovers above the sky blue line as illustrated on Fig. 1.1, the general market sentiment is said to be bearish, hence a trigger to go short on the selected forex pair.

Stop Loss for Sell Entry: Place stop loss above resistance.

Exit Strategy/Take Profit for Sell Entry

Exit or take profit if the following takes to the fore:

  1. If a blue Gann HiLo activator bars pop up on the activity chart while a sell signal is ongoing, it is an indication of halting bears power, as such an exit or take profit is advised.
  2. If the sky blue line of the TrendRSI_v1 custom indicator intersects the magenta line to surge above (see Fig. 1.1), a bullish reversal is said to be imminent, as such an exit or take profit is recommended.

Sell Trade Example

Fig. 1.1

Free Download

Download the Trend Activator Bars Forex Trading Strategy

About The Trading Indicators

The Gann HiLo activator bars custom indicator is plotted over the activity chart and is essentially a simple moving average of the last three periods highs or lows plotted in relation to the HiLo Activator.

The TrendRSI_v1 custom indicator is an RSI indicator that is comprised of two signal lines, and can be used to determine breakout.

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