Simple_Xtrade Trading Strategy Guide

1. Overview
The Simple_Xtrade Pinoy Indicator is designed to identify high-probability trade setups by leveraging institutional price levels and kill zones. This strategy focuses on executing precise entries on the 1-minute timeframe when price reaches key institutional levels.

2. Timeframes Used
4-Hour Timeframe: Identifies institutional buy and sell levels.
1-Minute Timeframe: Used for trade execution when price reaches institutional levels.

3. Key Concepts
Institutional Price Levels (Bank Orders)
Sell Levels (Red Labels): Strong resistance zones where institutions place sell orders.
Buy Levels (Green Labels): Strong support zones where institutions place buy orders.

Kill Zones
- These are specific time periods when the market is most active, ensuring better trade execution.
- Only trade **inside the kill zones for high-probability setups.

4. Trading Strategy
Sell Entry Setup (Short Position)
1. Wait for price to hit or slightly exceed a bank order sell level (Red Label).
2. Confirm entry on the 1-minute timeframe with a bearish signal:
- Bearish engulfing candle
- Rejection wick
- Trend shift confirmation
3. Execute a Sell trade.
4. Set Stop Loss (SL):
- Just above the recent high.
5. Set Take Profit (TP):
- Next bank order buy level.
- OR a fixed 100+ pip target.

Buy Entry Setup (Long Position)
1. Wait for price to reach a bank order buy level (Green Label).
2. Confirm entry on the 1-minute timeframe** with a bullish signal:
- Bullish engulfing candle
- Rejection wick
- Trend shift confirmation
3. Execute a Buy trade.
4. Set Stop Loss (SL):
- Just below the recent low.
5. Set Take Profit (TP):
- Next bank order sell level.
- OR a fixed 100+ pip target.

5. Risk Management
✅ Trade only within kill zones for high probability setups.
✅ Always use stop loss to protect capital.
✅ Maintain risk-to-reward ratio of at least 1:2.
✅ Do not force trades outside of the strategy conditions.

6. Summary
This strategy simplifies trading by focusing on:
- Institutional price levels for entry.
- Kill zones for high probability trades.
- 1-minute timeframe for precision.

By following these rules with discipline, you can maximize profitability while minimizing risk.