Strong Trends With Magic Entries
With this system you can spot highly profitable trades in direction of strong trends. You will profit from stop hunt moves initiated by the smart money!
Your Edges With The STME-Indicator
With this system you have 3 reliable edges on your side:
1. A strong trend (=high probability of continuation)
2. A deep pullback (=the price should not be there within a strong trend! Is it a stop hunt?)
3. A strong rejection of the pullback (=It was most probably only a stop hunt Let's enter!)
How To Trade With Momentum
The rules for a short trade are:
1. The thick blue and thick orange lines are strong below the price (strong downward trend indicated, more about the strength later)
2. At the same time there must be 2 thinner orange-red lines (they look like stairs) the price (this confirms the price action within the trend)
3. The price then have to jump above the 2 thinner orange-red lines and then must be rejected below the two thinner lines again. This forms a peak (an inverted V). The peak should consist of maximum 4 candles.
4. The entry signal is the move below the lower line of the 2 thinner orange-red lines.
The following screenshot shows examples of short trades:
The rules for a long trade are:
1. The thick blue and thick orange lines are strong above the price (strong upward trend indicated)
2. At the same time there must be 2 thinner green lines (they look like stairs) below the price (this confirms the price action within the trend)
3. The price then have to jump below the 2 thinner green lines and then must be rejected above the two thinner lines again. This forms a peak (a V). The peak should consist of maximum 3-4 candles.
4. The entry signal is the move above the upper line of the 2 thinner green lines.
The following screenshot shows examples of long trades:
- 1 Indicator for Metatrader 4
- 1 Installation Manual
- Indicator:
- PTS_Trend_WithMagicEntries
- - Exploits Stop Hunts Of The Smart Money
- - Works on any liquid trading instrument
- - Timeframes M1 to H4
Code:
https://www.perfecttrendsystem.com/strong-trends-with-magic-entries