MT2 Trend Trader is pictured trading in Setup Mode Single MA Crossover on a 5Min Chart plotting a 30Min Higher Time Frame Moving Average

Red Dot
Trade Setup Sell
(Get Ready)

Red Triangle
Trade Entry Sell
(Pull the trigger)
Sell market, place stop above the previous candle high or a maximum of 20pips from the entry price

Green Dot
Trade Setup Buy
(Get Ready)

Green Triangle
Trade Entry buy
(Pull the trigger)
Buy market, place stop below the previous candle low or a maximum of 20pips from the entry price

If you are long and get a sell signal you simply sell,
NinjaTrader will close the long and enter a new short - vice versa.

This is a "single moving average crossover" trend following trading strategy.

It is a good place to start.

To trade Trend following systems you need to take every signal it gives you and stay in the trade until you get a reverse signal.

You find that as you do this you will see that you get "choppy narrow ranges that cost you a series of potential losers and then less frequent longer winners reward you.. with a positive risk reward.

If you want to try this download and install it from:
http://www.micro-trends.co.uk/downloads/

Released with MicroTrends NinjaTrader Framework

version 7.0.0.23

Due out 22nd November

This chart was created by NinjaTrader. NinjaTrader is a FREE application for advanced charting, market analytics, automated strategy development and trade simulation. Download it now at www.ninjatrader.com