Weekly Trend Trading Method

Pairs: Any

Time frame: Weekly/Daily

Tools:
1) rsi 8 set level to 50
2) macd (12,26,9) set level to 0
3) slope indicator set one at 15,3,0 and the other at 30,3,0
4) Ma colored indicator set to 50,0 or a 50sma set to close
5) Monthly pivot indicator
6) Trend lines
7) 2MA crossover indicator settings: 5ema close and 8ema open. cross up symbol 233 cross down symbol 234
8) Fractals indicator
Your weekly and daily charts should look like these:

Before we make an entry, we must get a valid signal. There are two valid signals. The first one is the conservative valid signal and the second one is the aggressive valid signal. We'll start with the conservative signal first.

Conservative Signal: 2MA cross indicator appears on the weekly or daily chart, both slope indicators must be the same color, the rsi is above/below the 50 line, and the macd signal bar is above/below the signal line. All these conditions must be met at the close of the weekly or daily candle.

Here's an example of a long conservative valid signal (red horizontal line).

Aggressive valid signal: 2MA crossover signal appears on the daily or weekly chart, the 15 slope indicator's color is different from the 30 slope indicator's color, the rsi is above/below the 50 line, and the macd bar is above/below, close to, or touching the signal line. These condition's must be met at the close of the daily or weekly candle.

Here's an example of a long aggressive valid signal(red horizontal line).

The first thing to do is pull up a weekly chart(s) and place trend lines in the direction of the trend. Now check the chart for a valid signal. If one is not present, then drop down to the daily chart to see if one has appeared. If a signal is not present there either, then go to another pair.

If you have a valid signal on a weekly chart, place a buy stop at the high of that candle.

Here's an example of a long conservative valid signal on this eurjpy weekly chart(red horizontal line).

Here's another example on this usdcad daily chart of a conservative valid entry. Notice that the candle marked with the yellow line is not a valid signal because the rsi is on the 50 line and not above it. The candle marked with the red line is the valid signal candle.

Now for the aggressive entries, the rules are a little different. Instead of taking the entry on the chart which gave you the signal, you will drop down to the next chart to take your entry. Entries will only be taken on the 4hr, daily, or weekly charts. For the next example, I will use the audusd daily chart for the aggressive valid signal, and the 4hr chart for the aggressive entry. On the daily chart, the candle marked with the red line is the aggressive signal, and the one with the yellow line is the conservative signal. On the 4hr chart, the first red arrow is the candle that closed and completed the daily candle which gave the aggressive signal. The second red arrow is the candle that closed and completed the daily candle that gave the conservative signal. Before an entry can be taken, make sure that the conservative valid signal is already in place on the 4hr chart. If it is, place a buy stop at the high of the last candle of the daily candle. In this example it would be the candle with the first red arrow above it.

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