Welcome everybody
Since four decades now I had been trying to be discretionary price action trader, concurrently nonetheless I had been constantly searching for a clean, simple and easy to perform mechanical system.

Taking inspiration from various sources it looks as though I finally found some trend following formula that's quite straightforward to execute and is also bringing satisfying results on eur-usd

tools:
ema55
kijun-sen tenkan-sen (a part of ichimoku kinko)
osma
heiken ashi
price action (retracement)


long entry rules (opposite for short):
1) first long signal (prep signal):
closing of 15 min price bar must be over 3 lines: ema55, kijun sen, tenkan sen and osma must be favorable and heiken ashi must be bullish:
two ) retracement period: we're waiting for specific price behavior which may occur next candle or any amounts of following candles.
3) second long signal (entrance signal): we're entering the market one or two seconds before the close of second long signal.

Simply saying what we're searching for is one long signal, then some retracement and eventually second long signal again.

Long exit egy (opposite for short):
1) initial SL is -30 pips
two ) when price reaches 30pips SL ought to be moved to BE or kijun-sen if it is higher than BE point.
3) After we just trail our SL using kijun sen (SL should be 1 pip below kijun sen -- as much below as is the broker's disperse ) and we're patiently waiting for SL to be obtained.

Recommended entry hours:
beginning: 3h earlier London Open.
End: 1h earlier London Close.

Revers principles:
if we're in long trade and second short signal seems we close the lengthy trade and open short one.
We can revers only during recomended entrance hours period after that time we neglect all signals and we're waiting for SL to be obtained (with profit or Loss)
You will revers that trade only after legitimate reversal signal which appears during the next trading period beginning 3h before London open


exemptions principles:
if we were in long trade that has been stopped (using profit or loss) we enter again the next bullish signal if it appears.
If we've got open long trade we neglect all other long entrance signals until long trade is closed (with profit or loss)
If we've got open trade (short or long ) we neglect any signals that arises after advoed trading hours. You just manage your SL and wait patiently until trade is closed by SL (using profit or Loss)


INDICATORS

ATTENTION PLEASE

Neglect all indiors attached to post no2 and download only those connected to this post
replace them if you downloaded them


Those three custom indiors are pointing entrance signals.

Govinda_arrow: (it requires Govinda_math to work )
signalling arrows -- they look after candle is closed.
Red dot -- initial SL ought to be placed there
green dot -- when price reaches that level we proceed SL either on BE point or kijun sen.
Arrows appear only when:
1)previous candle wasn't fulfilling all required conditions and the current candle fulfilled all the conditions
two )previous candle was fulfilling all the conditions and current candle also fulfills all of the conditions and retraces back into the area of EMA55, kijun-sen, along with tenkan-sen (or at least touches one of these lines)

Govinda_live: (it requires Govinda_math to work )
light blue bar -- prep for extended sign
blue bar -- extended entry sign
golden bar -- prep for short sign
crimson bar -- short entry signal.

Added explanation for extended trade:
1) first light blue bar = first bullish arrow long prep signal
two ) all following light blue bars are just telling us that dim blue bar (entrance signal) may appear soon
3) Dark blue bar (entrance signal) = instant or any other consecutive bullish arrow.

Govinda_math: You don't need to start this indior in your chart (it shows nothing) but you need to place it to /experts/indiors folder. (it is slightly modified Heiken i indior that computes merely HAopen and HAclose)
https://forexintuitive.com/attachmen...4770732655.mq4
https://forexintuitive.com/attachmen...5820716873.mq4
https://forexintuitive.com/attachmen...1663495214.mq4
https://forexintuitive.com/attachmen...1784210632.mq4