A trend following system based on the cross-over of 2 exponentional moving averages with MACD and the Gann indicator.
This system enables traders to execute multiple trades in the direction of an established market trend.
Indicators: Gann HiLo activator bars, 200EMA, 10EMA, MACD (13,26,9)
Preferred time frame(s): M30, H1, H4, Daily, Weekly
Trading sessions: Any
Preferred Currency pairs: Any
Example: GBP/USD Daily Chart Gann System
As shown in the picture above, we had 1 losing signal in the down trend (lower highs) and 7 winning signals along the up trend (higher lows).
- EMA 10 crosses EMA 200 from below (bullish trend)
- MACD above 0.00 level
- Gann HiLo activator bars turns blue
Go long. Set SL 2 pips below the low of the most recent red Gann HiLo candle.
Target: Risk to reward 1:2 (i.e risking 50 pips to make 100) or close the trade at the first red Gann bar.
- EMA 10 crosses EMA 200 from above (bearish trend)
- MACD below 0.00 level
- Gann HiLo activator bars turns red
Sell now. Set SL 2 pips above the high of the most recent blue Gann HiLo candle.
Target: Risk to reward 1:2 (i.e risking 60 pips to make 120) or close the trade at the first blue Gann bar.