Trend Strength (TSI) Trading with MTF Trend and HistoDot Indicator

High-Profit Trading – Trend Strength (TSI) Trading with MTF Trend and HistoDot Indicator.

Trading NOTES

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• Use a demo account or a small live account first to practice this trading system

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This is a simple trend momentum system.

• TimeFrames: 15 min or higher
• Currency Pairs: All Major Pairs

• Trend Strength Indicator (TSI)
• ML Indicator
• BBand Stop
• HistoDot
• MTF Trend

Trend Strength Indicator (TSI) is an indicator that shows the strength of the trend. If Bullish (blue) is over 50, it means the uptrend is stronger than the downtrend.

The higher the number, the stronger the trend.

If Bearish (red) is over 50, it means the downtrend in stronger than uptrend.

The TSI indicator will ultimately determine the direction in which we trade.

If it’s showing the Bullish trend, we will be looking to enter the market with BUY trades.

On the other hand, if it’s showing the Bearish trend, we will be looking to enter the market with SELL trades.

• The blue Trend Strength Indicator (TSI) over 50
• MTF Trend indicator – Two green bars of the histogram in the sub-window, (more conservative with three green bars)
• ML Indicator blue and below the candles
• HistoDot must be blue and > 0 level
• HistoDot must have an aqua dot drawn
• After all the conditions have been met, enter the trade at the close of the signal candle

• The maroon Trend Strength Indicator (TSI) over 50
• MTF Trend indicator – Two green bars of the histogram in the sub-window, (more conservative with three green bars)
• ML Indicator red and below the candles
• HistoDot must be red and < 0 level
• HistoDot must have a magenta dot drawn
• After all the conditions have been met, enter the trade at the close of the signal candle

• Set your Stop Loss a few pips below the most recent Swing Low ( (for BUY) or the previous swing high (for SELL).
• Set your Take Profit twice the distance away from the entry level as your Stop
  Loss or greater. I recommend a minimum of 1:2 or 1:3 Risk/Reward Ratio.

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