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: InstaForex, Forex4you, RoboForex
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.
- The price touched or crossed the red lower border of the channel
- We are waiting for the appearance of a green arrow pointing up. In this case, the price must be inside the channel
- Now we are waiting for confirmation of the beginning of an uptrend - JBR Trend should change color from red to green:
- The price touched or crossed the green upper border of the channel
- We are waiting for the appearance of a red arrow pointing down. In this case, the price must be inside the channel
- Now we are waiting for confirmation of the beginning of the downtrend - JBR Trend should change color 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):
- SMS to phone
- Email notification
Of course, it will not be superfluous to add additional filters to this system that you trust. This will add reliability to this already not bad 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.
In the archive JBR_Indicator_System.rar (650.0 Kb):
- JBR channel.ex4
- JBR LEVELS.ex4
- JRB Indicator System.tpl
Free Download JBR Trend Indicator