JBR Trend Indicator - forex strategy with maximize profits
JBR Trend Indicator is a trend-following trading system that can be applied to trade any trading instrument (currency pairs, indices, stocks and crypto). Suitable for any style of trading, be it scalping, day trading or swing trading. The system quickly gained popularity among a wide range of traders. And there is clearly a reason for this - it shows good results.
Characteristics of the JBR Trend Indicator
- Platform: Metatrader4
- Currency pairs: Any currency pairs, recommended Major
- Trading Time: Any, recommended London and New York trading sessions
- Time Frame: Any, recommended M30
- Recommended broker: Roboforex | XM | VT Markets
Indicators
The system consists of three main indicators:
- JBR channel
- JBR Arrow
- JBR Trend Indicator:
How it works? Trading rules by JBR Trend System
The developers recommend focusing on trading on 2-3 pairs and M30 Time Frame.
One thing worth understanding upfront: the JBR Arrow — the main entry signal — repaints. Like most reversal-arrow indicators built on this kind of logic, the most recent arrow can shift or disappear as new price action forms, until the candle behind it closes. That's a normal characteristic of this indicator type, not a defect — but it does mean the rules below work best when you wait for confirmation rather than acting on an arrow the instant it appears.
BUY rules:
- The price touched or crossed the red lower border of the channel.
- Wait for a green arrow pointing up to appear, with price inside the channel — treat this arrow as provisional until the current candle closes.
- Once the candle closes and the arrow is still there, wait for confirmation: JBR Trend should shift from red to green.
SELL rules:
- The price touched or crossed the green upper border of the channel.
- Wait for a red arrow pointing down to appear, with price inside the channel — again, treat it as provisional until the candle closes.
- Once confirmed, wait for JBR Trend to shift from green to red.
Set Stop Loss slightly above the upper channel border for Sell or slightly below the lower channel border for Buy.
Take Profit - when the price crosses the opposite channel border. Or when the JBR Trend System changes color to the opposite.
Or, for these purposes, you can use the auxiliary indicator JBR Livels (supplied in the archive), which will show you where the Profit Target and Stop Loss levels should be placed:
In this video tutorial, you can see all these rules more clearly:
The system has three ways of signaling the appearance of a signal (arrows):
- Pop-up
- SMS to phone
- Email notification
Of course, adding a filter or two that you already trust won't hurt — it only adds reliability to an already solid strategy.
Apply reasonable Money Management and do not risk more than 2% of your account. Before trading on a real account, be sure to use the demo to achieve a complete understanding of the principles of the system.
Related indicators
If JBR Trend Indicator isn't quite the right fit for your style, a few worth comparing:
- The Intelligent Trend Indicator — a similar signal-confirmation approach using candle pressure and a trend dashboard.
- HalfTrend — a simpler ATR-based channel system.
- SuperTrend — a classic single ATR-band trend indicator.
- SuperTrend Indicator Collection (xSuperTrend) — if you want to compare multiple SuperTrend variants at once.
In the archive JBR_Indicator_System.rar (650.0 Kb):
- arrow.ex4
- JBR channel.ex4
- JBR LEVELS.ex4
- JBR_Trend_Indicator.ex4
- TradingSessions.ex4
- JRB Indicator System.tpl
Free Download JBR Trend Indicator
