PROTECTED SOURCE SCRIPT
MAX Trend Weekly: EUR/USD 2H Optimized Strategy
MAX Trend Weekly is a systematic trading strategy based on the confluence between long-term trend and short-term momentum. This specific version has been optimized for the EUR/USD pair with a 2-hour (2H) operational timeframe.
📈 Trading Logic
The strategy is designed to operate long-only, exploiting pullbacks within a bullish market. It is built on three pillars:
Multi-Timeframe Analysis (MTF):
All trades are filtered through the Weekly EMA 20. Entries are allowed only if price on the 2H chart is above the weekly average, ensuring a strong bullish bias.
Pivot Support Detection:
Uses Pivot Lows (structural lows from the last 5 days) to identify key support areas where price is likely to bounce.
Oversold Filter (RSI):
To ensure favorable entry prices, RSI (14) must be below 45, avoiding entries during overbought, euphoric phases.
⚙️ Optimized Configuration (EUR/USD 2H)
Default parameters are calibrated for the typical volatility of EUR/USD on the 2-hour chart:
Signal Timeframe: 2 Hours
Filter Timeframe: Weekly
Exit Management: Includes 1.0% Take Profit and Stop Loss, supported by a dynamic Trailing Stop that activates early (0.3%) to protect capital against sudden Forex reversals.
📈 Trading Logic
The strategy is designed to operate long-only, exploiting pullbacks within a bullish market. It is built on three pillars:
Multi-Timeframe Analysis (MTF):
All trades are filtered through the Weekly EMA 20. Entries are allowed only if price on the 2H chart is above the weekly average, ensuring a strong bullish bias.
Pivot Support Detection:
Uses Pivot Lows (structural lows from the last 5 days) to identify key support areas where price is likely to bounce.
Oversold Filter (RSI):
To ensure favorable entry prices, RSI (14) must be below 45, avoiding entries during overbought, euphoric phases.
⚙️ Optimized Configuration (EUR/USD 2H)
Default parameters are calibrated for the typical volatility of EUR/USD on the 2-hour chart:
Signal Timeframe: 2 Hours
Filter Timeframe: Weekly
Exit Management: Includes 1.0% Take Profit and Stop Loss, supported by a dynamic Trailing Stop that activates early (0.3%) to protect capital against sudden Forex reversals.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.