Forex Cloud Zone Swing Trading Strategy
Forex Cloud Zone Swing Trading Strategy:
Zone Trade system is an strategy based on the Zone Trade indicator and Stochastic indicator (Stoch cross alert).
The indicator is written by the fourth dimension of B. Williams – Trading Zone:
If the current bars of AC and AO are green, it shows that the zone is green.
If the current bars of АС and АО red, it shows that the zone is red.
If the bars of AC and AO are differently directed then the bar is colored grey (grey zone).
Time Frame 15 min, 30 min, 60 min, 240 min, daily time frame.
Markets: forex (all currency pairs also the exotic), Indicies, Futures, Stocks.
Forex Indicator:
Sochastic indicator (Stochastic Cross alert 5,3, 3 ).
Zone Trade
Bollinger bands (20:2)
Rules for Zone Trade System
Wait alwais that the bar is colored grey (grey zone).
Buy
On the grey zone buy arrow of the stochastic;
Sell
On the grey zone sell arrow of the stochastic;
Exit position at the opposite arrow, or make profit at the middle band or predetermined profit target. Initial stop loss is disctretionary.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Cloud Zone Swing Trading Strategy?
- Download Forex Cloud Zone Swing Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Cloud Zone Swing Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
