Forex Accelerator SMA Trading Strategy
Forex Accelerator SMA Trading Strategy:
Accelerator with Simple Moving Average Channel is an trend momentum forex trading system based on the SMA Channel and Accelerator indicator.
Time Frame any
Currency pair:any.
Forex Indicators:
Accelerator with Stochastic (9, 3,3,).
Simple moving average channel: (simple moving average 50, close high, simple moving average, close 50 low);
pivot points levels montly.
Rules for Accelerator with Simple Moving Average Channel
Buy
Price above SMA channel and price above pivot line, R1, R2 or R3.
Awesome oscillator green bars and Stochastic oscillator cross upward.
Sell
Price below SMA channel and price below pivot line, R1, R2 or R3.
Awesome oscillator red bars and Stochastic oscillator cross downward.
Profit Target: the next level of the pivot points levels montly or profit target 60-80 pips.
Initial Stop loss initial 40-60 pips depends by currency pairs.
Note: if profit target is 60-80 pips re-entry when the price retrace on the Sma channel:
re-entry buy: price retraces on the SMA Channel, Stochastich indicator cross upward andAccelerator indicator with green bars.
re-entry sell: price retraces on the SMA Channel, Stochastich indicator cross downward and Accelerator indicator with red bars.
The vantage of this system is the good ratio Profit/Loss with good satisfaction.
The disadvantage of this strategy is not for beginners but for experienced traders.
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 Accelerator SMA Trading Strategy?
- Download Forex Accelerator SMA 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 Accelerator SMA 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”.
