I have found this ABC trend trading strategy!

This is a discussion on I have found this ABC trend trading strategy! within the Forex forums, part of the Markets category; Originally Posted by moby1 ABC Trend trading strategy is a great tool! I enter the position after turn C is ...

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Old Nov 30, 2017, 6:47am   #9
 
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Originally Posted by moby1 View Post
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ABC Trend trading strategy is a great tool!
I enter the position after turn C is finished!
I put Stop lose under point C when trading up trend.
I put Stop lose above point C when trading down trend.

For target I use money managment 1:2,1:3.
If target is not touched and turn B is over, must flat the position.
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I have try to trade this strategy and it is good when there is Hi volatility!
It works on all time-frames!
Hi
how can I download the indicator
Regards
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Old Dec 12, 2017, 6:06am   #10
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Originally Posted by mohamedradi View Post
Hi
how can I download the indicator
Regards
The post owner might share his work with us. Otherwise, I do not know where to download this.
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Old Dec 12, 2017, 4:13pm   #11
 
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It's not an indicator but rather a tactic/strategy for trading reversals and has been in use for over a hundred years. The letters and lines are there to make you think it's more complicated than it is. All you have to do is draw a straight line.

See this post. Chart examples follow.
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Old Dec 12, 2017, 7:27pm   #12
 
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you do realize that a "straight line" is the MOST unsophisticated algo out there, right?
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Old Dec 13, 2017, 1:42pm   #13
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Originally Posted by dbphoenix View Post
It's not an indicator but rather a tactic/strategy for trading reversals and has been in use for over a hundred years. The letters and lines are there to make you think it's more complicated than it is. All you have to do is draw a straight line.

See this post. Chart examples follow.
Are you talking about S/R lines or channels?
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Old Dec 13, 2017, 2:17pm   #14
 
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Originally Posted by gerryg View Post
Are you talking about S/R lines or channels?
Neither. Just a simple line drawn under swing lows, if long. E. g., the "C" line in the posted chart. This tells you whether demand is stronger than supply. If long, that's really all you need to know.
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