DSS Bressert Trend Forex Trading Strategy

The market does offer traders a variety of ways in which they can become profitable, but one unique way in which this can be achieved is the use of the free DSS Bressert Trend forex strategy.

It adopts a unique trend scanning mechanism that is effective and at the same time secured.

Chart Setup

MetaTrader4 Indicators: DSS_Bressert.ex4 (default setting), EMAOsMA.ex4 (default setting)

Preferred Time Frame(s): 1-Minute, 5-Minute, 15-Minute, 30-Minute, 1-Hour, 4-Hour, 1-Day

Recommended Trading Sessions: Any

Currency Pairs: Any pair

Download

Download the DSS Bressert Trend Forex Trading Strategy

Buy Trade Example

Fig. 1.0

Strategy

Long Entry Rules

Initiate a buy order if the following indicator or chart setups are put on display:

  1. If the red line of the EMAOsMA.ex4 custom indicator breaks above the 0.00 level, while a gold colored upward pointing arrow forms below the candlesticks (refer to Fig. 1.0), price is said to be pressured higher, hence a buy signal for the currency pair of focus.
  2. If the red and dark blue line of the DSS_Bressert.ex4 custom indicator both stay above the 50.00 level as depicted on Fig. 1.0, the sentiment in the market is said to be bullish, as such it is a trigger to buy the stipulated forex pair.

Stop Loss for Buy Entry: Place stop loss 4 pips below short-term support.

Exit Strategy/Take Profit for Buy Entry

Exit or take profit if the following rules or conditions takes precedence:

  1. If while a buy signal is ongoing, the red line of the EMAOsMA.ex4 custom indicator custom indicator breaks below the 0.00 level as seen on Fig. 1.0, while also forming a green downward pointing arrow, it is a signal to exit or take profit at once.
  2. If both the red and dark blue lines of the DSS_Bressert.ex4 custom indicator fall below the 50.00 level during a bullish trend, it is an indication of a likely halting of bulls power i.e. an exit or take profit trigger.

Sell Entry Rules

Enter a sell order if the following holds true:

  1. If the red line of the EMAOsMA.ex4 custom indicator breaks below the 0.00 level, while a green downward pointing arrow forms above the candlesticks (refer to Fig. 1.1), price is said to be pressured lower, hence a sell signal for the currency pair of focus.
  2. If the red and dark blue line of the DSS_Bressert.ex4 custom indicator both break and hover below the 50.00 level as shown on Fig. 1.1, the sentiment in the market is said to be bearish i.e. a trigger to buy the designated fx pair.

Stop Loss for Sell Entry: Place stop loss 4 pips above short-term resistance.

Exit Strategy/Take Profit for Sell Entry

Exit or take profit if the following takes center stage:

  1. If while a sell signal is ongoing, the red line of the EMAOsMA.ex4 custom indicator custom indicator breaks above the 0.00 level as shown on Fig. 1.1, while also positioning a gold upward pointing arrow, it is a signal to exit or take profit at once.
  2. If both the red and dark blue lines of the DSS_Bressert.ex4 custom indicator break above the 50.00 level during a bearish signal, it is an indication of a probable weaning of bears power i.e. an exit or take profit will suffice.

Sell Trade Example

Fig. 1.1

Free Download

Download the DSS Bressert Trend Forex Trading Strategy

About The Trading Indicators

The DSS_Bressert.ex4 custom indicator stands for “double smoothed stochastic” and was designed by Walter Bressert.

Its calculation algorithm is very similar to that of stochastic indicator. The value above 80 signifies the overbuying, the value below 20 signifies the overselling.

The EMAOsMA.ex4 custom indicator is an oscillator MA that gauges trend in the market via the use of its red line (aligning above or below the 0.00 signal level), along with gold (buy signal) or green (sell signal) arrows.

Download The M1/M5 Forex Scalping Strategy Today!

This Incredible High Win Forex Scalping Strategy Will Trigger Only When There Is An Extremely High Chance Of A New Profitable Low Risk Trade To Take Place.

What are you waiting for? Start making pips today:

  • Up To 100 Pips Every Day
  • Works on all forex pairs and Bitcoin!
  • Low Risk Forex Scalping
  • Works on M1, M5 and UP