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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.
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⏱️ Timestamps ⏱️
00:00 – Start
00:42 – Indicators
01:33 – Long Examples
03:06 – Short Examples
04:30 – Testing Results & Equity Curve
05:31 – Trader’s Landing Score
05:47 – Optimization
⚙️ System Specifics ⚙️
🎹 Instrument: Euro vs. US Dollar (EUR/USD)
⌛ Time Frame: 4-Hour (H4)
🏆 Trader’s Landing Score: 7
👀 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/
☝️ Long Entry
- Ehlers Instantaneous Trend sell signal changes to buy.
- Ehlers Simple Cycle Indicator shows hidden bullish divergence.
- Enter on the candle of signal change from sell to buy.
👇 Short Entry
- Ehlers Instantaneous Trend buy signal changes to sell.
- Ehlers Simple Cycle Indicator shows hidden bearish divergence.
- Enter on the candle of signal change from buy to sell.
🔥 Risk to Reward: 1:1, 2:1
🛑 Where to place stop-loss:
For Longs: 2 times ATR below trigger candle.
For Shorts: 2 times ATR below trigger candle.
🚀 Where to take profits: 1:1 for half position, then move the stop to break even, target 2:1 for 2nd half.
