简单的趋势系统 (Simple Trending System)

Hi Everyone,

I'm sharing a simple trend following system for feedback and improvement. If the phrase "the trend is your friend (until it ends)" is an axiom, then why don't we "keep it short & simple" (KISS)? There are several complicated TA combinations that try to determine the "next trend or direction". Analysis of price action, even fundamentals analysis, is for the purpose of determining the "next trend or direction".

If you were to observe virtually any given major currency pair over the last few years, even over the last 6 to 12 months, it would be obvious that the pair moved a few thousand pips in a given direction. Sometimes it would move a couple thousand pips up, then retrace a few thousand pips down. In hindsight it is very easy to spot the direction of a trend.

This is the essesnce of the system I'm sharing:

Base your entries on the daily charts, with the 4H as confirmation. If today's chart had a higher high and a higher low than yesterday's chart, then enter long. If today's chart had a lower high and a lower low than yesterday's chart, then enter short. Have a 1:2 risk:reward ratio. SL = 2 x daily ATR; TP = 4 x daily ATR. A smaller SL will be victimized by whipsaws. Beyond the visual viewing of the daily & 4H charts, use your discretion (i.e. wait for a pull-back) to determine the preferred entry point.

Although this may seem very simplistic, it will give you the edge needed to be consistently profitable. As a matter of fact, even a 1:1 risk:reward ratio will be very profitable. Of course, proper MM is necessary with this system. No order s/b more than 3% - 5% of one's capital.

Your thoughts and feeback is appreciated...

Thanks,

Walt