Trend Finder Daily Trading System

put this indicator in indicator folder here C:\Program Files\MetaTrader\experts\indicators

StochHistogram.mq4

Put this tpl file in the "templates folder" here C:\Program Files\MetaTrader\ templates

trend finder daily.tpl


Chart Setup:
Open a Daily Chart.
Add the trend finder daily Template to the chart.
Add a 200 Simple Moving Average.

Buy Signal:
1. Price is above the 200sma.
2. The Awesome Oscillator has changed to green.
3. The Stochastic Histogram has changed to green.


Sell Signal:
1. Price is Below the 200sma.
2. The Awesome Oscillator has changed to red.
3. The Stochastic Histogram has changed to red.


Money Management and Exit Strategy:
1. Open 2 trades which together risk no more than 3% of your total available balance.
2. Set a stop loss of -100 pips for both trades.

Trade 1: Set a take profit at +50 pips.
Trade 2: Set a take profit at +100 pips.
When you reach +50 pips, set the stop loss for the remaining trade to break even.

Time frame
- All Time frames

Currency pair
- All pairs

any Question about the system i am here to answer

HAve A nICe tRADe