Bulls Bears TSR Forex Trading Strategy

Bulls Bears TSR Forex Trading Strategy

 

In trading, price movements are what matter the most. If you can understand how price moves, you will be more successful in trading.

But what makes price move? Is it the broker? Does it just move randomly without reason? Is there an invisible hand that moves price? Nope. None of this is true.

When a buyer and seller agree to exchange an asset for a certain price, that is called a trade. Both parties think the price is fair, so it’s a consensus of value. The price might change because the people who want to buy or sell at that price point change

This is what is called market sentiment. The bulls are people who want to buy, and the bears are people who want to sell. When they both agree on a price, it is known as the consensus of value.

The Bulls Bears TSR Forex Trading Strategy is a strategy that uses objective information to identify how people feel about the market, both on the side of people who want the market to go up (the bulls) and on the side of people who want the market to go down (the bears). The strategy then uses this information to time market entries before the next price movement.

Bulls Power and Bears Power

Many indicators attempt to measure the trend’s strength or momentum. Most of these indicators are based on how the price moves, whether it is going up or down.

Bulls Power and Bears Power are two measurements that try to understand how strong a trend is. Bulls Power looks at how many times the market goes up, while Bears Power looks at how many times the market goes down.

The Two types of indicators are used to figure out if the market is going up or down. These are called the Bulls Power and Bears Power. They use different price points in a certain period to figure this out.

The Bulls Power is measured by subtracting the high of a candle from an Exponential Moving Average (EMA). The Bears Power on the other hand is computed by subtracting the low of a candle from an Exponential Moving Average. The results are then displayed as histogram bars on separate windows.

Positive bulls and bears indicate that the price is going up. Negative bulls and bears mean the price is going down. When they both agree and have confluence, it gives you a clue of where the price might go next.

TSR Bar Trend

TSR Bar Trend is an indicator that helps identify short-term changes in trend. It does this by overlaying bars on the price candles. The bars change color whenever the short-term momentum changes.

Candles that have a dark green bar mean that the short-term trend is bullish. Candles with a purple bar mean that the short-term trend is bearish.

The TSR Bar Trend is very responsive and has a minimal lag, making it an excellent entry trigger as it can accurately identify short-term trend changes.

Trading Strategy

This strategy trades on things that are happening with the Bulls Power, Bears Power, and TSR Bar Trend indicators.

The 50-period Simple Moving Average is used to see if the price is going up or down. If the price is going up, then people buy. If the price is going down, then people sell.

When the trend is up, the Bulls Power and Bears Power histograms should stay on that side. If the trend changes and goes down, then they should stay on that side too. If the price goes back up towards the 50 SMA line, then the TSR Bar Trend will change temporarily. As it retraces slowly, you will see diagonal support or resistance.

This should cause one or both oscillating indicators to temporarily reverse.

The price of a security should break out of a diagonal support or resistance line, which indicates the end of the retracement. This should also be accompanied by a confluence of the Bulls Power, Bears Power and the TSR Bar Trend indicators pointing towards the direction of the breakout.

Indicators:

  • The (T_S_R)-BAR Trend.ex4 indicator is a technical analysis tool that can help you predict when the market is likely to trend in a particular direction. This tool uses the power of both the bulls (buyers) and the bears (sellers) to make its predictions. It also takes into account recent price movements over a period of 26 periods. Finally, it uses a 50-period simple moving average to help filter out noise and provide more accurate readings.

There are different time frames that you can use when trading currencies. The 15-minute, 30-minute, 1-hour and 4-hour charts are all options. You can also trade during the Tokyo, London and New York sessions.

Buy Trade Setup

Entry

The price of a security should be above the 50-day moving average to indicate a bullish trend. The Bulls Power and Bears Power indicators should have bars that are mostly positive to indicate a bullish trend. If the price falls and retraces towards the 50-day moving average, it could cause a temporary change in the TSR Bar Trend indicator from purple to red.

• If the Bulls Power or Bears Power indicators print a negative histogram bar, that means the trend has changed and the market is no longer bullish. The TSR Bar Trend should change back to color dark green to indicate that the bullish trend has resumed. Both the Bulls Power and Bears Power indicators should print positive histogram bars to indicate that the market is still bullish.

• When you see these bullish signals, it means that the time is right to buy. Enter a buy order as soon as you confirm these signals.

Stop Loss

  • Set the stop loss at the fractal below the entry candle to minimize your losses if the trade goes against you.

Exit

  • When the TSR Bar Trend indicator changes to purple, close the trade.

Sell Trade Setup

Entry

The price of the security should be below the 50-day moving average. The Bulls Power and Bears Power indicators should generally have negative bars, indicating a bearish trend. The price should retrace towards the 50-day moving average, causing the TSR Bar Trend to temporarily change to dark green. Either the Bulls Power or Bears Power oscillating indicators should temporarily print a positive histogram bar.

• The TSR Bar Trend should change back to color purple indicating the resumption of the bearish trend. Both Bulls Power and Bears Power should print negative histogram bars indicating a resumption of the bearish trend. These bearish signals should be closely aligned.

When these conditions are all met, you can enter a sell order.

Stop Loss

  • Set the stop loss at the fractal above the entry candle to minimize your losses if the trade goes against you.

Exit

  • When the TSR Bar Trend indicator changes to dark green, close the trade.

Conclusion

This strategy, which trades on breakouts when a trend resumes, is a good way to make money.

If there is a confluence of factors – like a breakout, short-term trend signal, and market sentiment indicators – it is more likely that the trend will continue.

Trading with the trend allows us to have a high success rate. This trading strategy also has a good reward-risk ratio.

When the market conditions are right, this strategy gives traders trade setups with high probability of success.

Forex Trading Strategies Installation Instructions

The Bulls Bears TSR Forex Trading Strategy is a combination of indicators and a template that helps you trade on the forex market. The strategy uses data from past trades and signals to help you make decisions when trading.

The Bulls Bears TSR Forex Trading Strategy can help you see different patterns in the prices of different currencies. This information can help you predict what will happen to the prices of those currencies in the future so that you can make decisions about your trading strategy.

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