On AUDUSD there is a buy signal 90% confirmed on H4. Yes on H1 it is confirmed but not yet on H4 as the candle has not crossed the SMA yet. If you like to trade more on H1 more then you can enter, but my preference is on H4 so in this case I would ...

Simple Daily Trend Reversal Trading System

Hi alhalawi to be honest i don't use H1 too much and use mostly H4 chart. You can check higher time frame to see the trend if you like, but I don't do that. If I see a valid entry on H4 i will check H1 sometimes to see whats going on there but ...

Simple Daily Trend Reversal Trading System

Nice entry!

Simple Daily Trend Reversal Trading System

Valid sell trade on USDZAR.

Simple Daily Trend Reversal Trading System

Over 650 downloads! WOW! Welcome and I hope you find my strategy to be as profitable for you as it is for me. I appreciate all your feedback on your results from my strategy.

Simple Daily Trend Reversal Trading System

Had a confirmed buy entry on AUDCAD, H4.

Simple Daily Trend Reversal Trading System

Ok just to make sure you have the same settings, this should be how the signal arrow settings should be.

Simple Daily Trend Reversal Trading System

I see many zig zag arrows on your chart, did you change some of the parameters in the arrow indicator settings? Based on my H1 chart I would not have entered as there was no valid signal. I hope you closed and got out as I'm seeing a reversal ...

Simple Daily Trend Reversal Trading System

Awesome try it out and I wish you success.

Simple Daily Trend Reversal Trading System

As I wrote in the first post: "Setting the TP & SL levels is a personal choice. For me if I set a SL, I would normally set my SL at the previous high or low, and I also pay attention to price action. The TP can be a fixed target or set either using ...

Simple Daily Trend Reversal Trading System

No generally I will wait for the next signal. Once I've hit my TP or closed the trade I'll wait for the next one.

Simple Daily Trend Reversal Trading System

You seem to misunderstand the strategy I think. It is not based only on the MBFX, that is only ONE of the indicators used for confirmation of a trade. It is quite normal in most cases for the MBFX to have moved out from the OB & OS levels when there ...

Simple Daily Trend Reversal Trading System

Nicely done! I'm running on 25+ pips on UC, and still going.

Simple Daily Trend Reversal Trading System

I'm not exactly sure of all the data that has been coded, but I know its based off of the zig zag indicator.

Simple Daily Trend Reversal Trading System

Sure you should find and use my strategy how you feel it can benefit you. USDCHF might not work and that's fine, if the pair is not confirmed valid then its ok, and I check the next one and wait. It's like I said we must have patience and wait ...

Simple Daily Trend Reversal Trading System

Yes as the stochastic is now in OB I will wait for the stochastic to confirm again. This trade doesn't look like it will be valid for a few hours, so I will check again later in the day.

Simple Daily Trend Reversal Trading System

All 3 indicators would still need to be valid and confirmed, then I would only look at the recross of the SMA to enter after the pullback.

Simple Daily Trend Reversal Trading System

It looks like I missed a buy entry on USDCHF. I'll be watching to enter after it's completed the small pullback and crossed the SMA again.

Simple Daily Trend Reversal Trading System

Yes it is. Remember the arrow will be the first signal, then the stochastic, trend line, and finally the SMA for the confirmation, so until we get the final confirmation from the SMA it could be 2-8 candles.

Simple Daily Trend Reversal Trading System

Yes correct, USDCAD is confirmed buy, and I've entered.

Simple Daily Trend Reversal Trading System