U-Turn Trend Reversal Forex Trading Strategy

The ability for any forex trader to be able to spot trend reversal is crucial for profit maximization.

Knowing when a currency trend is poised to make a U-turn can save you all the headaches associated with being on the wrong side of a trade.

The U-Turn Reversal Trend forex trading strategy is designed to keep you at the good “profitable” side of the trend for any currency pair, Bitcoin and Gold.

Learn how to buy and sell with this outstanding strategy:

Chart Setup

MetaTrader4 Indicators: Altrtrend.ex4 (Inputs Variable Modified; K=45, PerADX=14), ang_AZad_vCg.ex4 (default setting)

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, Bitcoin, Gold

Download

Download the U-Turn Trend Reversal 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 displayed:

  1. If the green bars of the Altrtrend.ex4 custom indicator gets seen on the activity chart as illustrated on Fig. 1.0, price is said to be pushed to the upside, hence it is a trigger to buy the designated currency pair.
  2. If the blue line of the ang_AZad_vCg.ex4 custom indicator breaks and hovers above the 0.00 level within its indicator window, price said to be pressured higher i.e. a trigger to buy the forex pair of interest.

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

Exit Strategy/Take Profit for Buy Entry

Exit or take profit if the following rules or conditions are in place:

  1. If while a buy signal is ongoing, a blue bar of the Altrtrend.ex4 custom indicator gets displayed on price chart, it is a signal of weaning bulls power, hence a trigger to exit or take profit at once.
  2. If the blue line of the ang_AZad_vCg.ex4 custom indicator is seen to break below the 0.00 level, the prevalent bullish sentiment is aid to be halting i.e. a signal to exit or take profit forthwith.

Sell Entry Rules

Enter a sell order if the following holds precedence:

  1. If the blue bars of the Altrtrend.ex4 custom indicator gets displayed on the activity chart as seen on Fig. 1.0, price is said to be pushed to the downside, and hence it is a trigger to sell the specified forex pair.
  2. If the blue line of the ang_AZad_vCg.ex4 custom indicator breaks and hovers below the 0.00 level within its indicator window, price said to be pressured lower i.e. a trigger to sell the forex pair of focus.

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

Exit Strategy/Take Profit for Sell Entry

Exit or take profit if the following takes center stage:

  1. If while a sell signal is running, a green bar of the Altrtrend.ex4 custom indicator gets displayed on candlestick (refer to Fig. 1.0), it is a signal of halting bears power, hence a trigger to exit or take profit at once.
  2. If the blue line of the ang_AZad_vCg.ex4 custom indicator is seen to break above the 0.00 level, the prevalent bearish condition in the market is disappearing, i.e. a signal to exit or take profit without delay.

Sell Trade Example

Fig. 1.1

Free Download

Download U-Turn Trend Reversal Forex Trading Strategy

About The Trading Indicators

The ang_AZad_vCg.ex4 is an oscillator that offers info to the prevalent market trend.

A bullish trend is depicted by its blue line hovering above the 0.00 signal level, while a bearish trend is portrayed when the blue line hovers below the 0.00 signal level.

The Altrtrend.ex4 custom indicator is used to spot trend and deploys ADX indicator in defining it composition.

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