Grid martingale trend following

Grid Martingale trend following is a basic and simple grid trading. The purpose of this trading system is is to follow the trend and its breakdowns.
Time Frame 60 min.
Grid range 20 pips (AUD/USD, USD/CHF, EUR/USD) 25 pips (USD/JPY, GBP/USD).
Currency pairs: AUD/USD, USD/CHF, EUR/USD, USD/JPY, GBP/USD.

Indicators
EMA 25 period, High.
EMA 25 period Low.
MACD (6,17, 5).

Open one or more currency pairs and draws the horizontal line with the previous range, for buil the grid. After, apply the indicators. You have the following chart:
Grid martingale trend following
Buy signal
First, price crosses the upper line of the channel
Second, the MACD crossing above the zero line.
Place in buy stop order at next level of the grid.
Option exit:
  1. place stop loss at the previous line of the grid and two take profit at the next two levels of the grid;
  2. place stop loss at the previous line of the grid and take profit at the next level.

Sell signal
First, price crosses the lower line of the channel
Second, the MACD crossing below the zero line.
Place a sell stop order at next level of the grid.
Option exit:
  1. place stop loss at the previous line of the grid and two take profit at the next two levels of the grid;
  2. place stop loss at the previous line of the grid and take profit at the next level.
The MACD help us to filter false signals.
Close all positions if the price retrace into the channel.
This trading method based on a grid in trend is professional, why not aggressive and easier to manage. In other words I define this method of soft hedging. This is a basic idea.
The multiplier of the martingala is 2.0. ( the progression order: 0.01, 0.02, 0.04, 0.08, 0.16, 0.32, 0.64, 1.28, 2.56, stop orders.)
Grid martingale trend following
In the first chart we have 3 Sell total profit of 60 pips.
Grid martingale trend following
In the seconde example AUD/USD we have 5 trades: total +40.
Grid martingale trend following
In the third example AUD/USD we have 4 trades: total +80
Grid martingale trend following
In the last example AUD/USD we have 5 trades: total +60

Grid martingale trend following was created by Emiliano La Rocca, independent financial technical analyst and coder.

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