Forex Auslanco Trading System
Forex Auslanco Trading System:
Time Frame 15 min (Intra-day Trading System)
Currency pair: GBP/JPY
a).Simple Moving Average 5 close
b).Gann Hi Low Activator 10
c).Level stop Reverse version 2
Values : ATR Periods 9
ATR Multiplier 3
d).QQE alert
Values: Smoothing Factor 60
Long Entry: Wait for the two buy alerts.(Green arrow and Blue dot). Buy when the price hits 5 SMA after the two signals.
Short Entry: Viceversa.
Stop Loss:Right below the confirmation bar on the Gann Hi low Activator line.
Take profit: Calculate the distance between OPEN price of the confirmation bar and the price of the Gann Hi low Activator(TFT line) at that point and multiply it by 2.
(twice as your stoploss )
My TP targets are as follows and an example of lot allocation(total lots 5):
1st TP: 2 X Stoploss (4-Lots)
2nd TP: Reverse signal confirmation(1-Lot)
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 Auslanco Trading System?
- Download Forex Auslanco Trading System.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 Auslanco Trading System?
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”.
