I'd like to thank to the whole community and share a MTF trend trading system from an experienced (11+ years), successful trader.
General rules:
Use pairs with ADR above 100 pips, eg. GBPAUD, EURNZD. Put "MTF" template on M1 chart and have a look.
Buy rules:
1. Heiken Ashi green (trend M15)
2. Hull MA green (trend M5)
3. Bottom indicators green (Donchian Channels and FreeScalp) OR/AND GenesisMatrix at least 3 white.
4. Enter near Hull MA. Recommended: after a pullback or when price crosses Hull MA.
Initial Stop Loss:
3 pips below last higher low (semaphore ball / zigzag) OR 3 x ATR(20).
Exit:
1. Hull MA changes color.
2. Price falls 3 pips below last higher low.
3. Take profit, break even or trailing stop (if You wish).
MTF indicators may repaint during their period. In real conditions it happens rarely - when the trend changes. That's why wnen Heiken Ashi changes color, it's better to wait for a pullback to make sure the trend has really changed.
Recommended trading time: 2h before London open to 1h after London close (however make your OWN choice).
Please give it a try. It works well in real-life trading. Any comments and suggestions are welcomed.
Best regards
