Best Pullbacks Strategy

Best Pullbacks Strategy is a trend trading system based on the exponential moving averages and the price action which returns to the moving averages and then returns to continue the previous trend.

Features of strategy

Type of Strategy Trend Following

Style: Scalping, Day Trading, Swing trading

Time Frame 1 minute or higher

Currency pairs: any.

Metatrader 4 Indicators:

Exponential Moving Average 20 periods, close.

Exponential Moving Average 30 periods, close.

Exponential Moving Average 40 periods, close.

Exponential Moving Average 50 periods, close.

Exponential Moving Average 60 periods, close.

Exponential Moving Average 70 periods, close.

Exponential Moving Average 80 periods, close.

Supply and Demand Indicator (optional tool).

RSI Divergence

Trading rules Best Pullbacks Strategy

Trades y in the direction of the main trend.

Long Entry

Price retrace into the moving averages.

Manually draw a trend line from the previous high on the leaning peaks.

Buy at the break of the upward trendline by the price at the opening of the bar following the breakout.

Short entry

Price retrace into the moving averages.

Manually draw a trend line from the previous low on the falling peaks.
Sell at the break of the downtrendline by the price at the opening of the bar following the breakout.

When the moving averages are flat change the chart.

Exit position

Place initial stop loss on the previous swing high/low. Make profit with predetermined profit target or with ratio stop loss 1:1.2.

In the pictures examples of trades.

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Best Pullbacks  Strategy

Download

https://drive.google.com/drive/folders/1uwd0LyCScnK4yJI3B1mgDcnSCCWWWSDT?usp=sharing


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