Super Trend Following Trading
Submit by Larry 20/012/2016
BST Trend is a trend following strategy based all on trend indicators. This is a pure trend following metatrader 4 system. This strategy is for intraday or swing trading.
The indicator of base for this system is bollinger band stop we have four BB Stop.
On this site there are other similar strategies.
Time frame 15 min or higher
Financial markets: any.
GWS Zig Zag point (12, 5, 3),
Zig Zag (12, 5,3),
Bstop (Lenght 5, deviation, 2 , money risk 1, signal line 1),
Bstop (Lenght 5, deviation, 3 , money risk 1, signal line 1),
Bstop (Lenght 5, deviation, 4 , money risk 1, signal line 1),
Heiken Ashi Smothed,
Exponential moving average 10 period. close,
Exponential moving average 20 period, close,
Exponential moving average 50 period, close.
Bs Trend indicator (12)
Trading rules BSTrend
Trading only in the direction of the trend.
Third buy arrow in same direction
BSTrend blue bar.
Step up down buy > 55.
Heiken Ashi Smothed blue.
Third buy arrow above exponentials moving averages
Third sell arrow in same direction
BSTrend red bar.
Step up down sell > 55
Heiken Ashi Smothed red.
Third sell arrow below exponentials moving averages
Optional: for the best entries wait the retracement on the moving averages.
Initial stop loss on the previous high/low.
Exit at the first opposite arrow or with predetermined profit target.
In the pictures BSTrend in action.