Precision Long Trend Trading system is an MT4 Hedge Strategy FREE to Download. Trend following is a popular trading strategy that relies on identifying and following the direction of a market trend. This approach is based on the premise that markets tend to move in trends and that traders can capitalize on these trends by following them and entering trades in the same direction as the trend. The Precision Long Trend Trading system is a trend-following strategy that uses trend indicators to generate trading signals. This article will explore this strategy and how it can be used to trade the markets.
The MT4 Hedge Strategy is a trend-following strategy based on two trend indicators: Precision Trend (slow) and Parabolic SAR. The configuration of the Precision Trend is very slow to determine a solid trend. The Parabolic SAR only determines the timing signals in the direction of the trend defined by the Precision Trend. On the chart, TMA Bands are inserted as dynamic support and resistance levels, which can be interpreted as fast target levels.
The main idea behind this strategy is to use trend indicators to identify the direction of the trend and then use Parabolic SAR to time entries in the direction of the trend. The Precision Trend indicator is used to confirm the direction of the trend and provide a solid basis for the strategy. The Parabolic SAR indicator is used to provide entry signals in the direction of the trend, while TMA Bands provide dynamic support and resistance levels to help traders determine fast target levels.
This MT4 Hedge Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
Precision Long Trend System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
This MT4 Hedge Strategy is straightforward. Even a complete beginner can start trading and making profits with this system. You can set it to send you a signal alert via Mobile Notification, platform pop-ups, and Email. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.
This Precision Long Trend Indicator can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minute to the 1-month charts.
Using this strategy for hedging
This strategy was designed for hedging, so those who use this technique can use a reverse order instead of the stop loss. This means that instead of using a stop loss to limit losses, traders can use a reverse order to enter a trade in the opposite direction of the trend, effectively hedging their position. This approach can help traders limit their losses if the market moves against them.
Benefits of the MT4 Hedge Strategy
One of the main benefits of the Precision Long Trend Hedge Strategy is its simplicity. This strategy is based on a few simple indicators, making it easy for traders to understand and implement. Additionally, the strategy is designed for hedging, which can help traders limit their losses and protect their positions in adverse market moves.
Another benefit of this strategy is its effectiveness in trending markets. Since the strategy is based on trend indicators, it is well-suited for trending markets where the trend direction is clear. The strategy can generate profitable trades in these markets by following the trend and entering trades in the same direction.
Trading Rules of Precision Long Trend Strategy
Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using this Precision Long Trend Strategy.
As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.
- Trades only in the direction of the trend.
- Do not open positions when the price is overbought or oversold in the dynamic support and stability levels drawn by the TMA.
- Precision Trend Green bar.
- Parabolic Sar Aqua dot below the candle.
- Precision Trend Red bar.
- Parabolic Sar Purple dot above the candle.
Any positions with MT4 Hedge Strategy can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support, resistance, or high-low level as a reference point. You may also exit the trade manually if the system conditions reverse.
- Place stop loss above below the dots of the Parabolic Sar.
- Fast profit target at levels of TMA.
- Exit position when parabolic sar changes direction or when the precision trend changes direction.
- This strategy was designed for hedging, so those who use this technique can use a reverse order instead of the stop loss.
Set SL below/above the entry price using previous support/resistance as a reference point Or on the previous high/low swing. Using fixed stop loss settings without any reference points is not advocated.
The Precision Long Trend Hedge Strategy is a powerful tool for trend following that uses trend indicators to generate trading signals. This simple and effective strategy makes it well-suited for traders of all levels. Additionally, the strategy is designed for hedging, which can help traders limit their losses and protect their positions. By using this strategy, traders can take advantage of trending markets and generate profitable trades by following the direction of the trend.