Forex Anchor Buy Sell Trading Strategy
Forex Anchor Buy Sell Trading Strategy:
Anchor Fx system is a trading strategy based on tha Anchor FX indicator and Bollinger Bands Squeeze.
Finanacial markets: forex.
Time Frame:
30 Min or higher.
Metatrader indicators: EMA 4 , EMA 13, Anchor fx indicator, Bollinger bands Squeeze.
Trading Rules Anchor FX System
Long Position:
The rules for long entry are as follows.
When a “long possible” signal to appear on the chart if the EMA 4 is above EMA 13 and Bollinger Bands Squeeze has aqua dots buy at market.
Short Entry
When a “short possible” signal to appear on the chart if the EMA 4 is above EMA 13 and Bollinger Bands Squeeze has aqua dots sell at market.
Target:
Take profit at each support level shown on the chart. Once you reach first profit target, move your stop-loss to entry point.
Stop Loss:
30 pips (30 Min time frame), 60 pips (4 Hours).
Advantages: this trading system is clear and is an usefull tool for trading.
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 Anchor Buy Sell Trading Strategy?
- Download Forex Anchor Buy Sell 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 Anchor Buy Sell 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”.
