Manual Traders' Support, Resistance & Trend Strategy
Who This Strategy is For
-Traders seeking a straightforward, time-efficient approach to the markets.
Ideal for:
-Those with limited time to monitor the markets.
-Traders who prefer not to wait for the market to form patterns.
-Beginners still learning to identify market structure.
Core Strategy Components:
-Leverages bounces from horizontal support and resistance levels (HLines) combined with a 200 EMA trend filter for precision and reliability.
Reviewing Simulated Trades:
To get the best results, simply optimize for balance and drawdown on major and minor pairs, then trade the markets that meet your performance standards. Reviewing simulated trades and identifying repeating patterns is crucial for refining your approach.
Below is a collage of simulated trades taken by this system, which serves as a visual guide to help you identify ideal setups. These examples will help you recognize which trades to hold onto and which to close early, ensuring you can fully benefit from the strategy's potential.
Alerts
-An alert is sent when the price meets the criteria for a potential trade, making it easy to spot opportunities without constant market monitoring.
Key Tip
-Cherry-picking signal alerts can greatly maximize success with this strategy.
General MAJOR MINOR CRYPTO INDEX COMMODITY
Manual Traders' Support, Resistance & Trend Strategy
Who This Strategy is For
-Traders seeking a straightforward, time-efficient approach to the markets.
Ideal for:
-Those with limited time to monitor the markets.
-Traders who prefer not to wait for the market to form patterns.
-Beginners still learning to identify market structure.
Core Strategy Components:
-Leverages bounces from horizontal support and resistance levels (HLines) combined with a 200 EMA trend filter for precision and reliability.
Reviewing Simulated Trades:
To get the best results, simply optimize for balance and drawdown on major and minor pairs, then trade the markets that meet your performance standards. Reviewing simulated trades and identifying repeating patterns is crucial for refining your approach.
Below is a collage of simulated trades taken by this system, which serves as a visual guide to help you identify ideal setups. These examples will help you recognize which trades to hold onto and which to close early, ensuring you can fully benefit from the strategy's potential.
Alerts
-An alert is sent when the price meets the criteria for a potential trade, making it easy to spot opportunities without constant market monitoring.
Key Tip
-Cherry-picking signal alerts can greatly maximize success with this strategy.
Sam Northen
NTL-Manual Traders' Support-Resistance-trend.set
MAJOR, MINOR, CRYPTO, INDEX, COMMODITY
true
Claude
Signal('HLines1') == Bullish && Open(1) > HLines1(1,0) && Close(1) > HLines1(1,0) && Close(1) > MA1(1,0) ? Ask() : 0
Ask() - (ATR1(1) * VAR0)
OrderPrice() + (VAR1 * Point)
Signal('HLines1') == Bearish && Open(1) < HLines1(1,0) && Close(1) < HLines1(1,0) && Close(1) < MA1(1,0) ? Bid() : 0
Bid() + (ATR1(1) * VAR0)
OrderPrice() - (VAR1 * Point)
false
+NTL\ATR(1,14).ex5,0
+NTL\HLines(1,'',480,64,'S2,R2;R2,S2',15,0,0.3,100).ex5,0,1
+NTL\MA(1,200,1).ex5,0,1,2
5;1,2,3,4,5,6,7,8,9,10
500;100,200,300,400,500,600,700,800,900,1000,1100,1200,1300,1400,1500
100000.00
500
13
