[MT4] 8# Geometric Momentum Strategy

[kenorb]

Price action trading system with momentum
Xard777 indicators MT4
Submit by Alexis

Geometric momementum strategy is a trading system for swing trading based on custom indicators for metatrader 4 created by Xard777. The strategy is trend momentum price action and the trading signals are generated when the indicators agree.

Geometric Momentum Strategy
Geometric Momentum Strategy
The strategy from a visual point of view is very flashy and simple to follow with clear signals. This trading system is suitable for trading on all markets including Crypto.

Setup strategy

Time frame 4H or daily.

Currency pairs any also crypto.

PlatformMetatrader 4.

Metatrader 4 indicators

Thio synthesis of some indicators of Xard777.

Xard777's custom TDI.

Trading rules Geometric Momentum Strategy

The rules I propose to follow this trading system are really simple: wait for the indicator on the chart to agree with the one below the chart.

the first step is that in case of waiting for a dot to form if it is double it is a good situation to start from.

Buy

Double dot white and blue.

The buy signal appears in the dashboard.

The TDI below the chart crosses up and generates a buy signal.

Sell

Double dot white and pink.

The sell signal appears in the dashboard.

The TDI below the chart crosses down and generates a sell signal.

Exit position

Profit ratio minim stop loss 1:1.3.

Stop loss below/above the previous swing dot.

Ree-enter with white dot in the direction of the double dot. Maximum two trades in the same direction starting from the double dot.

On the daily chart you can also trade only after the white dot

Video: https://www.youtube.com/watch?v=QtlQCZi_pwY

Source: https://www.forexstrategiesresources.com/metatrader-trading-system-mt4/8-geometric-momentum-strategy/