Forex 4H Top Signals Swing Trading Strategy
Forex 4H Top Signals Swing Trading Strategy:
This is trend following trading system.
Time Frame 4H.
Currency pairs:all.
Metatrader Indicators;
4h trader (arrow alert) indicator;
Support and resistance indicator;
CCI (period 16, level 30 ad 60) indicator,;
Rules: 4H Trader Advanced Trading System
Long entry
4H trader indicator (arrow buy) is above support line.
CCI indicator>70 level;
Trend Strength up trend>50.
Short Entry
4H trader indicator (arrow sell ) is below the resistance line.
CCI indicator<30 level;
Trend Strength down trend>50.
Exit Position options:
At the opposite Arrow.
Profit Target predetermined (examples EUR/USD 60 pips, AUD/USD 55 pips, USD/CHF 50 pips, GBP/USD 60 pips, GPB/GPY 70 Pips).
Place initial stop loss on the previous swing, after 30 pips in gain move stop loss at entry position.
This strategy:4H Trader Advanced Trading System is also good for trading on the Binary Options.
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 4H Top Signals Swing Trading Strategy?
- Download Forex 4H Top Signals 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 4H Top Signals 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”.
