SCALPING & SWING TRADING – The Strong Trend Reversal Trading with Cyper System Indicator

“The Strong Trend Reversal Trading Strategy” with “Cyper System” Indicator. There are a lot of reversal strategies, but there is one that I really like, and that is the Strong Trend Reversal Strategy. It works on any time frame and in all markets I trade, stocks, forex, crypto, and futures.

The strategy combines the concepts of trends, velocity, and magnitude, which are key ingredients for analyzing price action.

With this strategy we don’t have to assume a reversal will occur, rather we wait for a number of key factors to align that signal a reversal is underway.

The strategy then gets us in at an advantageous price so we can capitalize on the next major price wave in the new direction.

 

• Download “ForexWOT-StrongReversalSystem” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT-StrongReversalSystemt.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT-StrongReversalSystem” trading system and strategy.
• You will see “ForexWOT-StrongReversalSystem” is available on your Chart.

 

• Step #1: Price is in an uptrend. You can see a blue arrow has been created below the market, and you will execute your trade in it.
• Step #2: A wave higher occurs that is bigger than the last down wave. Preferably the up move is much bigger, faster and breaks the spirit of the downtrend.
• Step #3: The price retraces to the downward.
• Step #4: While in that retracement area, it consolidates for at least 4 bars.
• Step #5: Enter a long trade if the price rallies above the consolidation high. If the price breaks below the consolidation we do nothing.

 

Stop Loss Strategy

• If you are going long, the stop loss is placed just below the bottom of the consolidation from which you are entering long from, or below the cyper system line.

 

• Step #1: Price is in a downtrend. You can see a red arrow has been created above the market, and you will execute your trade in it.
• Step #2: A wave lower occurs that is bigger than the last up wave. Preferably the down move is much bigger, faster and breaks the spirit of the uptrend.
• Step #3: The price retraces to the upward.
• Step #4: While in that retracement area, it consolidates for at least 4 bars.
• Step #5: Enter a short trade if the price drops below the consolidation low. If the price breaks above the consolidation we do nothing.

 

Stop Loss Strategy

• If you are going short, the stop loss is placed just above the top of the consolidation from which you are entering the short from, or above the cyper system line.

 

This is a great strategy. It is one of my favorites. Not only is it useful for trading purposes, but even if you aren’t involved in a trade it will let you know when a trend may be turning. Nothing works all the time, but if you practice this strategy you will start to see its power.