Forex strategy JD allows you to catch good impulse trends. For this trading system, the stage of development of the main, older time frame does not matter. These short-term and sharp trend movements can be formed both at the moment of a reversal of the main trend, and at the stage of its continuation.
Statistics for JD:
For the past 2021, the trading strategy showed a positive result of 1740 points. The maximum drawdown was 110 points.
- Currency pair — EUR/JPY.
- Time interval — H1.
Indicators:
- TS Code 2 indicator with 18 parameters; 35; 15.
- Indicator MA_in_Color_wAppliedPrice with parameters 250; 3; 3.
- Indicator MA_in_Color_wAppliedPrice with parameters 250; 3; 2.
- Indicator MA_in_Color_wAppliedPrice with parameters 250; 3; 1.
- Indicator Ts scalp8 with parameters 50; 50; 1.
- THV4HA indicator.
Conditions for purchases according to the forex strategy JD:
1) The price after being below the upper line of the MA_in_Color_wAppliedPrice indicator or after rebounding from it with a touch is above all three lines.
2) All three lines of the MA_in_Color_wAppliedPrice indicator are green.
3) The Ts scalp8 indicator has already drawn or will draw a blue arrow below the price a little later. The main thing is that until the entry signal appears, the pink arrow does not appear.
4) TS Code 2 indicator is above zero. If not, then we wait until it goes above zero.
5) The THV4 HA indicator is green.
6) At the close of the candle, on which all these signals are fulfilled, a buy deal should be entered into.
7) Stop loss is set below the bottom line MA_in_Color_wAppliedPrice, but no more than 30 points and no less than 15.
8) After passing 30 points in the positive zone, the transaction is transferred to breakeven.
9) If the Ts scalp8 indicator draws a pink arrow, then the deal that is in the positive zone should be moved to breakeven.
10) If the Ts scalp8 indicator draws a pink arrow, then the deal in the negative zone should be closed at the market price.
11) Take profit is set at a distance of 100 points from the entry point.
Sales conditions for the railway strategy:
1) The price after being above the lower line of the MA_in_Color_wAppliedPrice indicator or after bouncing off it with a touch is below all 3 lines.
2) All 3 lines of the MA_in_Color_wAppliedPrice indicator are colored red.
3) The Ts scalp8 indicator has already drawn or will draw a pink arrow above the price a little later. The main thing is that until a signal to enter the market appears, the blue arrow does not appear. on the chart
4) The TS Code 2 indicator is below its zero mark. If this is not the case, then we wait for it to go below zero.
5) The THV4 HA indicator is red.
6) At the close of the hourly candle, on which all these signals are executed, you should open a sell trade.
7) Safety order — stop loss is set above the upper line MA_in_Color_wAppliedPrice, but it should not be more than 30 points and not less than 15.
8) After the price passes +30 points in the “+” zone, the transaction is transferred to the breakeven point, that is, the stop loss is transferred to the opening price of the transaction.
9) If the Ts scalp8 indicator draws a blue arrow, then the deal located in the “+” zone should be translated “to zero”.
10) If the Ts scalp8 indicator draws a blue arrow, then the deal located in the “-” zone should be closed at the current market price.
11) A take profit order is set at a distance of 100 points from the entry point into the transaction.
Video version of the forex strategy JD:
- Recommended to watch with English subtitles!
- Download MT4 template — JD_tpl (archived).
- Download indicators for the trading system — JD_indicators (archived).
- +611.64% on EUR/JPY – Forex strategy test JD ➜
