You are about to learn a high probability trend following strategy that can be traded on any timeframe from the 15 minute up to the weekly or even monthly chart.
This strategy provides low risk entries in a trending market. Moreover, it avoids trading during flat markets.
Chart Set Up
Indicators: EMA-Crossover-Signal, TmaSlope, laguerre (0.66 gamma input)
Time frame(s): 15 Min and above
Trading sessions: All
Currency pairs: All
Download
Download the Laguerre Trend Cross Forex System for Metatrader 4.
EUR/USD 30 Min Chart Example
Trading Rules
Long Entries:
- Criteria #1: TmaSlope green color (indicates bullish trend)
- Criteria #2: Gray UP arrow appears on the chart
- Criteria #3: Laguerre back above 0.15 from below (oversold readings)
Place the stop-loss below the most recent swing low. Price Objective: use at least 1:2 risk-to-reward or close the long trade near important resistance levels.
Short Entries:
- Criteria #1: TmaSlope red color (indicates bearish trend)
- Criteria #2: Gray DOWN arrow appears on the chart
- Criteria #3: Laguerre back below 0.75 from above (overbought readings)
Place the stop-loss above the most recent swing high. Price Objective: use at least 1:2 risk-to-reward or close the long trade near important support levels.