Forex Anaconda Intraday Trading Strategy
Forex Anaconda Intraday Trading Strategy:
Ancanda trading is profitable strategy only for men not faint of heart, because the fluctuations are strong. This strategy is trend following with large stop loss ant it’s based on moving averages channel and MACD.
This strategy bases its money management on the martingale, but do not worry because in the end you will be always on the side of the market.
Only for boss.
Time frame 15 min or 30 min for intraday trading.
60 min or higher for swing trading.
Metatrader indicators
Moving Average LWMA 50 period, price close with 3 shift and level 60 and -60.
Volty channel optional only as level for stop loss.
MACD with EMA (fast 13, sloow 25, signal 5, ma of signal 200.).
Trading rules Anaconda Trading
Buy
When the price close above the moving average channel,
check the MACD, place an buy order, if the histogram is above the his gold line.
Sell
When the price close below the moving average channel,
check the MACD, place a sell order, if the histogram is below the his gold line.
Exit position and Martingala
You have to define for each currency and time frame level stop and take profit.
You may utilize a ratio ranging from 1: 1 to 2: 1 (profit/stop) in relation to market conditions.
This strategy is very speculative and it’s demonstration purposes only and is a trading idea aimed at experienced traders
You can also make trading with this system without using the martingale.
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 Anaconda Intraday Trading Strategy?
- Download Forex Anaconda Intraday 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 Anaconda Intraday 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”.