Always & Only Trade With The Trend

Buy & Sell Trade Criteria

The True Trend’s value on the TrendCCI period is “70” and the EntryCCI’s value is “5”.

You are only looking for buy entries when the TrendCCI is positive and sell entries when it is negative. Do not ever take buy trades when the TrendCCI is negative and do not ever take sell side trades when the TrendCCI is positive. Always exit all trades when the TrendCCI crosses over to the opposite side as soon as the first price bar closes with the opposite reading.

NextGen True Trend settings at 14.06.44

For Buy entries the TrendCCI must be above the zero line (positive reading) with the EntryCCI below the zero line (negative reading) and then the entry is above the high of that price bar.

For Sell entries the TrendCCI must be below the zero line (negative reading) with the EntryCCI above the zero line (positive reading) and then the entry is below the low of that price bar.

Once Criteria is Met – Ready to Set Buy & Sell Stop Limit Orders (or the EA will do automatically)

Buy & Sell Entries 

Buy: We place our limit order above the high of the previous candle. If the trade does not trigger by the open of the new price bar we again adjust the order to the high of the previous candle.

Sell: We place our limit below the low of the previous candle. If the trade does not trigger by the open of the new price bar we again adjust the order to the low of the previous candle.

The entry price is adjusted with the opening of each new candle or signal period until the entry occurs or trade criteria no longer exits.