Overview and Summary: PTL Winner Strategy

Strategy Purpose:

• The PTL Winner Strategy is designed for intraday and swing trading, focusing on trend momentum.
• It uses the PTL indicator filtered by trend-momentum indicators (Ozymandias and Premium Stochastic).
• Strong signals are generated when both Ozymandias and PTL indicators align.

Setup:

• Time Frame: 30 minutes or higher, with 4-hour being optimal.
• Currency Pairs: Suitable for any pair, but performs best with synthetic pairs like EURGBP, EURJPY, AUDNZD, AUDCHF, as well as Indices and Gold.
• Platform: MetaTrader 5

MetaTrader 5 Indicators:

• Ozymandias (amplitude 2 periods)
• NK Zig Zag arrow (60, 5, 3)
• PTL (2)
• Pivot Points Levels (delete at daily timeframe)
• Premium Stochastic (9, 4)

Trading Rules:

Buy:

• NK Zig Zag buy arrow appears.
• Ozymandias shows a blue line.
• PTL displays a yellow square below the candle.

Sell:

• NK Zig Zag sell arrow appears.
• Ozymandias shows a red line.
• PTL displays a yellow square above the candle.

Additional Rules:

• Maximum of two entries in the same direction.

Exit Strategy:

• Place the initial stop loss at the previous swing high/low.
• Aim to take profit at the Pivot Points levels.

Examples of Trades:

Provide practical examples demonstrating the application of the strategy for clarity.