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Create your own Forex trading plan with Ehlers Trendlines and the Ehlers Simple Cycle, staying ahead of the market and making more trades for greater profits.
β±οΈ Timestamps βββ±οΈ
00:00 - Start
00:42 - Indicators
01:33 - Long Examples
03:06 - Short Examples
04:30 - Testing Results & Equity Curve
05:31 - Traderβs Landing Score
05:47 - Optimization
βοΈ System Specifics βοΈ
πΉ Instrument: Euro vs. US Dollar (EUR/USD)
β Time Frame: 4-Hour (H4)
π Traderβs Landing Score: 7
π TradingView Indicators
Name: Ehlers Instantaneous Trend [LazyBear]
Inputs: Default
By: LazyBear
Link: https://www.tradingview.com/script/DaHLcICg-Ehlers-Instantaneous-Trend-LazyBear/
Name: Ehlers Simple Cycle Indicator [LazyBear]
Inputs: Default
By: LazyBear
Link: https://www.tradingview.com/script/xQ4mP4kc-Ehlers-Simple-Cycle-Indicator-LazyBear/
Name: ATR Bands
Inputs: ATR Multiplier Upper & Lower: 2
By: AlexanderTeaH
Link: https://www.tradingview.com/script/uTetNB3s-ATR-Bands/
βοΈ Long Entry
π Short Entry
π₯ Risk to Reward: 1:1, 2:1
π Where to place stop-loss:
For Longs: 2 times ATR below trigger candle.
For Shorts: 2 times ATR below trigger candle.
π Where to take profits: 1:1 for half position, then move the stop to break even, target 2:1 for 2nd half.