Big Bull MT5 Trend Following Strategy

Big Bull MT5 Trend Following Strategy

Indicators Used in this Trend Following Strategy
The system uses several indicators, including the BIGBULL CANDLES, BIGBULL PTL, BIGBULL Ribbons, BIGBULL JMA, BIGBULL BARS, BIGBULL DOT, BIGBULL Histogram, and the supply and demand indicator. These indicators work together to help traders discern the correct market direction near support and resistance zones.

These are the main indicators used in this Trend Following Strategy to determine entries. But the system does come with an additional indicator, so you can experiment with filtering the signals further.

EMA (50 and 200 Exponential Moving Average, Close): A widely used tool to determine the strength and direction of the trend.
BIGBULL CANDLES: This modifies the chart candle colors to resonate with the moving average convergence divergence, providing visual ease to identify potential market trends.
BIGBULL PTL (Perfect Trend Line Indicator): A reflection of the highest high and lowest low over two different periods. Based on these values, a subsequent trend is derived, helping traders identify potential breakout or breakdown scenarios.
BIGBULL Ribbons: This innovative tool uses the “speed” attribute of the EMA variation indicator to construct a ribbon, thus facilitating the identification of potential crossovers without modifying the calculation period.
BIGBULL JMA: A unique aspect of the Jurik Moving Average (JMA) is its adaptive nature, meaning it adjusts according to market volatility. The Super Big Bull Strategy adds another layer of adaptability by incorporating the Average True Range (ATR). This double adaptation, especially during high volatility periods, provides traders with a more responsive tool to market changes.
This Big Bull System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go liv

Indicators Used in this Trend Following Strategy
The system uses several indicators, including the BIGBULL CANDLES, BIGBULL PTL, BIGBULL Ribbons, BIGBULL JMA, BIGBULL BARS, BIGBULL DOT, BIGBULL Histogram, and the supply and demand indicator. These indicators work together to help traders discern the correct market direction near support and resistance zones.

These are the main indicators used in this Trend Following Strategy to determine entries. But the system does come with an additional indicator, so you can experiment with filtering the signals further.

EMA (50 and 200 Exponential Moving Average, Close): A widely used tool to determine the strength and direction of the trend.
BIGBULL CANDLES: This modifies the chart candle colors to resonate with the moving average convergence divergence, providing visual ease to identify potential market trends.
BIGBULL PTL (Perfect Trend Line Indicator): A reflection of the highest high and lowest low over two different periods. Based on these values, a subsequent trend is derived, helping traders identify potential breakout or breakdown scenarios.
BIGBULL Ribbons: This innovative tool uses the “speed” attribute of the EMA variation indicator to construct a ribbon, thus facilitating the identification of potential crossovers without modifying the calculation period.
BIGBULL JMA: A unique aspect of the Jurik Moving Average (JMA) is its adaptive nature, meaning it adjusts according to market volatility. The Super Big Bull Strategy adds another layer of adaptability by incorporating the Average True Range (ATR). This double adaptation, especially during high volatility periods, provides traders with a more responsive tool to market changes.
This Big Bull System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go liv

Conclusion of MT5 Trend Following System
This MT5 Trend Following System offers a balanced mix of trend identification, momentum detection, and crucial market levels’ recognition. Its multi-faceted approach, combining various technical indicators, gives traders a comprehensive tool to navigate the markets confidently.

However, like any strategy, it’s essential to back-test, practice, and understand the nuances before committing to real capital. Every trader’s risk appetite and trading style are different, so it’s crucial to adapt the strategy to one’s own trading preferences and not rely solely on any single method. Happy trading!