No Stress Strategy — who understands life is not in a hurry

Hello, ladies and gentlemen, forex traders!

In this article, we will discover the strategy called No Stress made for calm and measured trade. Based on the name, the trading system fully corresponds the principles of “first of all, save”, after which to increase your trade capital. It also attracts attention by the presence of positive Myfxbook statistics and a pamm-account on its basis.

TS Characteristics

Platform: MetaTrader 4
Currency pairs: Any
Timeframe: H4-MN
Trade time: round the clock
Recommended brokers: Roboforex, Alpari

First of all, I would like to thank the DiamondVVV trader for sharing this strategy.

Below you can see monitoring of a real account based on the system:

You can also invest in pamm account based on this strategy.

Basic Idea of the Strategy

Surely, you noticed those longest trends on the H4 and D1 charts, the duration of which is sometimes several months. It seemed that you could take a huge number of pips, just open buy order and wait. However, not everything is so simple - correctional movements knock traders out of the market.

This strategy is aimed at taking those biggest moves. Here, some balance between the sensitivity to the entrance and its significance is found. And, this border, as we see from the monitoring of the real account, is chosen very well.

Setting a strategy

Now, let’s move to the system itself. Installation is performed in the standard way. First, open the terminal’s data directory via File - Open Data Folder. Move the template file No Stress.tpl to the templates folder. The indicator files to the MQL4 - Indicators folder, and restart the terminal. Then select the No Stress template from the list.

In total, the template consists of 6 tools:

The NB-channel indicator builds the channel at the latest price extremes. We will use this indicator to determine the direction of the trend;
FL11 - an indicator of non-standard fractals. Gives signals in the form of yellow circles with a red or blue frame - we will call them the full sun. The remaining fractals (without framing) are less significant, but will also be used;
The next indicator is $hah. Here, everything is simple: green signal means purchases, the red one – sales;
Finally, the SSRC oscillator. Here, we will look at overbought/oversold zones. That is, when the line is above zero - we will sell, when below - we will buy;
Also on the chart, there are elements from the ProTrader auxiliary advisor. The author of the TS uses a panel to set the stop loss;
In the lower right corner of the chart, there is a small window with a spread and the recommended lot.

Trading rules

The main timeframe is H4. We will enter by two orders of the same size. For example, 0.01 + 0.01 lot. The first thing we are waiting for is the appearance of the full sun on the H4 chart. After that, let’s see that the slope of the channel was to the potential deal side. Further, the indicator of $hah should be in red (for sale) or in green (for purchase). SSRC is in the overbought (for sale) or oversold (for purchase) zone.

Thus, the order of actions for opening a deal is as follows:

The full “sun” appears;
Slope of the channel is towards the proposed transaction;
$hah was in the color of the proposed transaction (green = purchase, red = sale);
The SSCR is in the opposite direction from the proposed transaction, relative to its zero level. That is, for purchases, it should be BELOW zero level, and ABOVE for sales;
After all the conditions are met, go to the D1 timeframe. The last signal of the FL11 indicator should correspond to that of H4. If in the daily chart we don’t see a full sun, but correctional, then don’t enter the transaction.

To set the stop loss, we look for the previous full sun in the same direction and put a stop loss for it. Undoubtedly, the stop loss can be a huge, but, on the other hand, the system is also long-term.

Let me remind you, we enter the market with two orders, we will close them separately. To close the first order, the following conditions must coincide:

First, there was a full or corrective sun in the opposite direction;
$hah showed the color against our deal;
The SSRC indicator is on the unfavorable side for us. In the case of a purchase, this is an overbought zone, for sales - oversold.

Important point! When the first order is closed, immediately transfer the second one to breakeven.

The logical question is: what will we do next with the second order? So, at first, we wait for the full sun against us on H4, then wait for the full sun on D1. Next, we check the same on the weekly and monthly charts.

This approach is rather conservative. But, you can also close the deal when a full-fledged opposite signal appears. Most likely, the opposite signal will appear earlier.

Trade recommendations

There are situations when a full signal appears at the best price. That is, the price after the opening went against us, forming a new signal. In this case, refills are allowed.

Since the time for deals holding is pretty large, you can apply some elements of carry-trading. That is, we open deals only in the direction in which you can get a positive swap. Thus, you can get a small increase in profits.

Money management - 1% of the deposit for the order and 2% for the transaction. That is only 2% risk on 2 orders. For automatic lot calculation, the author of the strategy uses the popular ProTrader utility. Or, you can use the lot calculator. You can find the calculator is in the Tools section of our website.

Examples

First of all, we note the appearance of a full sun with a red frame is a signal for sale. Next, look at the slope of the channel. The channel is tilted down, that is, towards our deal. Next, wait until the indicator of $hah is repainted in red, and the SSRC goes to the overbought zone (it will rise above zero). Once these conditions are met, go to D1.

The last full sun on D1 should coincide with the direction of our deal. If the condition is met, we enter the trade with two orders.

To set the stop loss, go back to H4. We set the stop for the nearest main fractal (full sun) of the same direction (not including the signal one).

To close the first transaction, we need to observe 3 conditions: the appearance of the opposite fractal (complete or not); $hah repainted in green; SSRC in the oversold zone. After the closing of the first order, the second one is transferred to the breakeven.

We close the second transaction with the appearance of the full sun on the H4, D1, W1 and MN timeframes. That is, the last full sun on all indicated TFs should be the opposite of the direction of our position.

Otherwise, we close the transaction on the opposite signal. That is, we first check that the conditions on the graph H4 match.

Then the presence of a full sun on D1.

Conclusion

Given the existence of real account monitoring, the effectiveness of the strategy doesn’t cause any issues. In general, the trading system is very interesting, but not suitable for those who perceive trading as fun and love to “release steam” in front of the monitor.

It’s a long-term strategy, which has some obvious advantages: it does not require a much time, a large percentage of profitable deals and allows you to save on spreads and commissions. Also, do not forget about money management and, most importantly, have patience.

Download No Stress Strategy Files

Regards, Michael

ForexTraderPortal.com

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