Trend Histogram Strategy is a trend momentum strategy based on trend arrow filtered by Trender Color Histogram and QQE. This is a simple strategy.
Time frame 5 min or higher.
Currency pairs: Majors. Minors, Indices, Gold.
Metatrader indicatorrs setting
Trend arrow (3, 12, 2).
Trend Histogram Color ( Red down momentum, yellow flat momentum, green up trend momentum). Trend Histogram color is a indicator that you can use also for contrarian trading but this is not the purpose of this trading system.
QQE default setting.
Forex Trend Histogram Strategy buy signal:
Trend arrow buy.
Trend Histogram Color above zero with green or yellow bar.
QQE crosses upward.
Exit at the opposite trend arrow or with profit target predetermined.
Initial stop loss on the previous swing low.
Forex Trend Histogram Strategy sell signal:
Trend arrow sell.
Trend Histogram Color below zero with red or yellow bar.
QQE crosses downward.
Exit at the opposte trend arrow or with profit target predetermined.
Initial stop loss on the previous swing high.
Download Free Forex Trend Histogram Strategy
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