4 Hour Chart Trend Following Strategy

[spike65]

For an uptrend, the trend should meet the following conditions:

• Price action is above the two moving averages
• Price stays above the moving averages
• The 34 MA is above the 55 MA and stays above the 55 MA
• The MAs are sloping upwards for most of the time as they follow the trend

For a downtrend, the same applies just in the opposite direction:

• Price action is below the two moving averages
• Price stays below the moving averages
• The 34 MA is below the 55 MA and stays below the 55 MA
• The MAs are sloping downwards for most of the time as they trail behind the trend

 

[geldesk]

So, what pattern you wait to enter? I guess you have the direction only.

 

[maxmaximus]

cant wait to see your filtered currency pairs that meets you rule.