Standard Deviation System is a trend following system filtered by an indicator of volatility as Standard Deviation MTF. This strategy is also based on two Multi Time Frame Standard Deviation indicator.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: M15, M30, H1, and H4
- Financial Markets: any
MetaTrader Trading Indicators
- MTF Standard Deviation (Current Time Frame)
- MTF Standard Deviation (H4 Time Frame)
BUY Rules
- 20 MA Buzzer green color
- 10 MA Buzzer green color
- MTF Standard Deviation (current time frame) above blue dot line
- MTF Standard Deviation (H4 time frame) above blue dot line
SELL Rules
- 20 MA Buzzer red color
- 10 MA Buzzer red color
- MTF Standard Deviation (current time frame) above blue dot line
- MTF Standard Deviation (H4 time frame) above blue dot line
Trading NOTES
- General Rules:
- MTF Standard Deviation above blue dot line
- Not to trade when trade is already in progress
- Trade only the direction of the trend
- Risk Reward Ratio 1:2 or 1:3
- Initial stop loss at the previous swing
- Use a demo account or a small live account first to practice this trading strategy