Every experienced forex trader will tell you the same thing. Good forex entry opportunities are rare. Accurately defined entry opportunity will appear infrequently ( once in a month, 200 times in decade). Trader waiting for it may forget how does it looks like between the trades. Bu what would happen if you took eight different, accurate and rare signal and combine them into one hybrid supersystem ?
Victory Trail MT4 EA combines 8 of our most reliable individual strategies and combines the into one complex system. Each of the underlying strategies is conservative, looking for a rare signal and protecting the entry with advanced trailing stop.
As a result victory Trail is able to achieve performance that we have rarely seem with aggressive forex strategies. All of that while never opening more than one trade pers strategy and protecting each position with tight trailing stop.
Underlying strategies of Victory Trail MT4 EA
4H Candle scalping
MACD and Envelopes breakout
MACD signal with growing momentum
Awesome MACD momentum
Envelopes breakout mastery
Each of the systems was developed by our team and independently tested on 13 years of accurate historical data. Description of each system is fully transparent and detailed.
Each of the eight underlying forex strategies uses its own unique method for trend identification in 1H chart. Most of the systems also use additional trend momentum confirmations. Confluence of various trend identification methods enables to allocate more trading volume to the trend that is confirmed by multiple independent sources.
On the other hand, when systems disagree on trend direction, direct hedging opportunity will be presented. System will theroefe open multiple trades in opposite directions, typically with positive risk reward ratio. Resulting situation will limit the exposure of the trading system during the unclear market conditions.
Trend following entry signal
Each system used in victory Trail uses its own method for signal identification. When using the same indicator, calculation periods will slightly vary. Each used signal is accurate and relatively rare (200 - 400 trades per system in over a 13 years of trading). Using multiple of these signals ensures higher trading frequency. Trade gets opened almost daily.
Trend following exit
In our experience the best way to follow the trend is to use trailing stop. Various methods will be used for its placement and adjustment. It is based on last closed candle high/low, parabolic SAR indicator or broken tunnel lines (Envelopes or Bollinger bands). TS will be always placed upon the entry. It will be always adjusted only on candle close and in direction of winning trades. This ensures high accuracy of historical data testing. Extra deviation for Trail Stop placement will vary. Some systems use tighter gap while looking form medium term trend continuation. Some will use wider gap in pursuit of major market trend.
Rules of the Victory Trail trend following system
System uses eight different conservative forex strategies to follow the trend. It is able to achieve results of aggressive systems while remaining fundamentally conservative. Unique trend identification, entry and exit rules are used by each underlying strategy (eight of them). Resulting system - Victory Trail is naturally diversified. It will also allocate more leverage to follow the trend that was confirmed by multiple independent sources.
Get MT4 expert advisor trading this forex strategy
For best results, use this forex strategy with one of our trusted forex brokers
(STP/ECN with MT4 bridge).
To win you must trade with broker on your side.
Disclaimer: Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.