Notarius Trend Forex Trading Strategy

<p>Many traders are sucked into the notion that in order to have a profitable trade, a trader has to spend countless hours planning for a trade. While it is true that practicing technical analysis and spending hours in front of price charts do pay off when trying to learn trading, it is not true that you would have to do the same on every single trade. In fact, as soon as a trader have learned how a trading strategy and its setups work, traders would be spending a minimal time analyzing charts individually. This is because trade setups pop out automatically for traders who have mastered their strategies. Going even further, some trading strategies could even pinpoint exactly what to do, when to enter a trade and exit a trade, without needing much thought about each trade.</p>
<p>The Notarius Trend Forex Trading Strategy is one of those strategies that could provide traders exact entries. This allows traders to avoid second guessing their decisions, which is usually the reason why traders lose. This also allows new traders to follow a trading plan that provides setups that could result in huge returns.</p>
<h2><strong>The Notarius Indicator</strong></h2>
<p>The Notarius Indicator is a custom momentum indicator which provides exact entry signals. These trend reversal signals are based on the concept of price averaging.</p>
<p>The signals are indicated by printing arrows pointing the direction of the trend. The indicator prints arrows pointing up when it detects a bullish trend reversal and arrows pointing down when it detects a bearish trend reversal.</p>
<p>The indicator could also be tweaked to the liking of the trader. Traders could chose the mode of formation of a signal, the number of bars to base the price averaging on, a confirmation movement which is a pip count going the direction of the new trend to confirm the signal, and “Flat” which helps eliminate trade signals on none trending market conditions.</p>
<h2><strong>Money Flow Index</strong></h2>
<p>The Money Flow Index (MFI) is an oscillating indicator, created by Gene Quong and Avrum Soudack, which helps traders identify momentum and trend direction. It is much like the Relative Strength Index (RSI), however unlike the RSI the MFI takes volume into account. In a way, the MFI is a volume weighted RSI.</p>
<p>The MFI is computed by getting the Typical Price, which is the average of the high, low and close. Then, we multiply the result with volume in order to get the Raw Money Flow. Positive Money Flow is then divided by Negative Money Flow in order to get the Money Flow Ratio, which is the basis for the Money Flow Index.</p>
<p>To put it simply, the MFI is much like the RSI which shadows price action as an oscillating indicator, however price movements which occur with much volume behind the candle have more effect on the oscillation of the indicator compared to price movements with less volume behind the move.</p>
<h2><strong>Trading Strategy</strong></h2>
<p>The Notarius Trend Forex Trading Strategy creates specific entry points based on the Notarius custom indicator. This indicator provides entry signals that have a high propensity to result in a trend. This gives traders the confidence that their entries could result to trades that could yield good profits.</p>
<p>However, not all entry signals are profitable. To address this, we will be using the Money Flow Index (MFI) indicator to filter out low quality trade signals. The Money Flow Index is based on price movement and volume, which are key components in determining momentum. Filtering trades based on the MFI provides us with trade setups that have momentum behind it. This increases the chances of a trade setup that could result in a trend even better.</p>
<p>Trade setups would usually result when there is a momentum candle near the trade or if the entry candle itself is either a momentum candle or a candle that shows price rejection. Although this is not a rule in this strategy, but trade setups with such candles adjacent to the entry typically works better.</p>
<p><strong><em>Indicators:</em></strong></p>
<ul>
<li><em>MFI_price</em>
<ul>
<li><em>ExtMFIPeriod: 18</em></li>
<li><em>Applied Price: 6</em></li>
</ul>
</li>
<li><em>Notarius</em>
<ul>
<li><em>Mode: 0</em></li>
<li><em>Start Bar: 6</em></li>
</ul>
</li>
</ul>
<p><em><strong>Timeframes:</strong> preferably 4-hour and daily charts</em></p>
<p><em><strong>Currency Pairs:</strong> preferably major and minor pairs, avoid exotic pairs</em></p>
<p><em><strong>Trading Session:</strong> Tokyo, London and New York</em></p>
<h3><strong>Buy Trade Setup</strong></h3>
<p><strong><em>Entry</em></strong></p>
<ul>
<li>The MFI line should cross above 50 indicating a bullish trend reversal</li>
<li>The Notarius indicator should print a lime green arrow pointing up indicating a bullish trend reversal</li>
<li>These buy signals should be somewhat aligned</li>
<li>Enter a buy order on the confluence of the above conditions</li>
</ul>
<p><strong><em>Stop Loss</em></strong></p>
<ul>
<li>Set the stop loss on the support level below the entry candle</li>
</ul>
<p><strong><em>Exit</em></strong></p>
<ul>
<li>Close the trade as soon as the MFI line crosses below 50</li>
<li>Close the trade as soon as the Notarius indicator prints a red arrow pointing down</li>
</ul>
<p><img class="alignnone size-full wp-image-65371" src="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-1.png" alt="Notarius Trend Forex Trading Strategy 1" width="977" height="479" srcset="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-1.png 977w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-1-300×147.png 300w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-1-768×377.png 768w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-1-324×160.png 324w" sizes="(max-width: 977px) 100vw, 977px" /></p>
<p><img class="alignnone size-full wp-image-65370" src="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-2.png" alt="Notarius Trend Forex Trading Strategy 2" width="977" height="479" srcset="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-2.png 977w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-2-300×147.png 300w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-2-768×377.png 768w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-2-324×160.png 324w" sizes="(max-width: 977px) 100vw, 977px" /></p>
<h3><strong>Sell Trade Setup</strong></h3>
<p><strong><em>Entry</em></strong></p>
<ul>
<li>The MFI line should cross below 50 indicating a bearish trend reversal</li>
<li>The Notarius indicator should print a red arrow pointing down indicating a bearish trend reversal</li>
<li>These sell signals should be somewhat aligned</li>
<li>Enter a sell order on the confluence of the above conditions</li>
</ul>
<p><strong><em>Stop Loss</em></strong></p>
<ul>
<li>Set the stop loss on the resistance level above the entry candle</li>
</ul>
<p><strong><em>Exit</em></strong></p>
<ul>
<li>Close the trade as soon as the MFI line crosses above 50</li>
<li>Close the trade as soon as the Notarius indicator prints a lime green arrow pointing up</li>
</ul>
<p><img class="alignnone size-full wp-image-65369" src="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-3.png" alt="Notarius Trend Forex Trading Strategy 3" width="977" height="479" srcset="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-3.png 977w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-3-300×147.png 300w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-3-768×377.png 768w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-3-324×160.png 324w" sizes="(max-width: 977px) 100vw, 977px" /></p>
<p><img class="alignnone size-full wp-image-65368" src="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-4.png" alt="Notarius Trend Forex Trading Strategy 4" width="977" height="479" srcset="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-4.png 977w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-4-300×147.png 300w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-4-768×377.png 768w, https://www.forexmt4indicators.com/wp-content/uploads/2020/12/Notarius-Trend-Forex-Trading-Strategy-4-324×160.png 324w" sizes="(max-width: 977px) 100vw, 977px" /></p>
<h2><strong>Conclusion</strong></h2>
<p>This strategy is a working indicator-based trend following strategy. Although not all trade entries would result in profits, it does however provide trade signals that have a good chance of resulting in a trend. This allows traders to take trades that could yield profits more than 3x the risk on each trade.</p>
<p>As discussed earlier, this strategy has entry signals based on momentum. It is best to trade this strategy with some understanding of price action and momentum signals. Trading this strategy with such setups provides even better results.</p>
<p><h3><span><strong><br />
Forex Trading Strategies Installation Instructions</strong></span></h3>
<p>Notarius Trend Forex Trading Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.</p>
<p>The essence of this forex strategy is to transform the accumulated history data and trading signals.</p>
<p>Notarius Trend Forex Trading Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.</p>
<p>Based on this information, traders can assume further price movement and adjust this strategy accordingly.</p>
<p><iframe src="https://www.youtube.com/embed/YczVA9lhppk" width="500" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<h3><strong>Recommended Forex Metatrader 4 Trading Platform</strong></h3>
<ul>
<li>$30 Xmas Welcome Bonus to start trading</li>
<li>120% Deposit Bonus up to $40,000</li>
<li>MT4 and MT5 trading platform</li>
<li>Mobile versions of MT4</li>
<li>170+ trading instruments</li>
</ul>
<p><a href="https://justforex.asia/landing/120-bonus-prix?utm_source=ForexMT4&amp;utm_medium=CPM&amp;utm_campaign=ForexMT4_impr" target="_blank" rel="noopener noreferrer"><img class="alignnone wp-image-65330 size-full" src="https://www.forexmt4indicators.com/wp-content/uploads/2020/12/JustForex-Bonus.png" alt="JustForex Bonus" width="2756" height="1376" /></a></p>
<p><a href="https://www.forexmt4indicators.com/justforex-broker-review-must-read-is-justforex-a-safe-forex-broker/" target="_blank" rel="noopener noreferrer"><strong>Click Here for Step By Step Justforex Trading Account Opening Guide</strong></a></p>
<h3><strong>How to install Notarius Trend Forex Trading Strategy?</strong></h3>
<ul>
<li>Download Notarius Trend Forex Trading Strategy.zip</li>
<li>*Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /</li>
<li>Copy tpl file (Template) to your Metatrader Directory / templates /</li>
<li>Start or restart your Metatrader Client</li>
<li>Select Chart and Timeframe where you want to test your forex strategy</li>
<li>Right click on your trading chart and hover on “Template”</li>
<li>Move right to select Notarius Trend Forex Trading Strategy</li>
<li>You will see Notarius Trend Forex Trading Strategy is available on your Chart</li>
</ul>
<p><span><em>*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.</em></span></p>
<h4><strong>Click here below to download:</strong></h4>
<p><span>Save</span></p>
<p><span>Save</span></p>
<br />
<br />
</p>
<p><span><a href="https://www.forexmt4indicators.com/upgrade/"><span>Get Download Access</span></a><br />
</span></p>
</p>
<p>La entrada <a rel="nofollow" href="https://www.forexmt4indicators.com/notarius-trend-forex-trading-strategy/">Notarius Trend Forex Trading Strategy</a> se publicó primero en <a rel="nofollow" href="https://www.forexmt4indicators.com">Forex MT4 Indicators</a>.</p>