Forex 100 Pips Trend Swing Trading Strategy
Forex 100 Pips Trend Swing Trading Strategy:
INDICATORS AND TEMPLATE
100 Pips Forex Domination uses 4 different indicators
1. 100 Pips Momentum
2. 100 Pips Power
3. 100 Pips Trend
4. ATR(21)
Time Frame
Use the 100 Pips trading system only on 4‐H our Daily timeframe.
ENTRY RULES
* BUY Rules
Open a LONG position when all these conditions are satisfied:
‐ The Blue Line cuts above the Red Line of the 100pips Momentum Indicator.
‐ 100pips Power Indicator is BLUE.
‐ 100pips 3 shows both UP arrows (BLUE colour).
* SELL Rules
Open a SHORT position when all these conditions are satisfied:
‐ The Blue Line cuts below the Red Line of the 100pips Momentum Indicator.
‐ 100pips Power Indicator is RED.
‐ 100pips Trend shows both DOWN arrows (RED colour).
STOP LOSS
The stoploss value will be derived from the ATR(21) indicator. Stoploss = 0.85 x ATR.
EXIT
There are two ways to exit your trade
‐ Use take profit level equals or 2 times of stoploss level.
‐ Exit when there are at 3 (three) indicators showing a reversal signal.
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 100 Pips Trend Swing Trading Strategy?
- Download Forex 100 Pips Trend 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 100 Pips Trend 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”.
