Forex Auto Trend Channel Swing Trading Strategy
Forex Auto Trend Channel Swing Trading Strategy:
The Autotrend Channel, MACD and three EMAs Trading System is based on template ofXard777 trend following formed by three moving averages,MACD candles.
Time Frame 30 min, 60 min. 200 min.
Currency pair:this forex strategy works very well with volatile currency pairs.
This forex trading strategy will use the following indicators:
- The 2 smoothed moving average (HLC/3 the red line);
– The 6- exponential moving average (HLC/3 the white line);
- The 32 exponential moving average(HLC/3 the deep sky blue line);
- The MACD candle indicator (4,15, 2);
- MACD Histogram indicator (20);
- Murrey Math lines;
- autotrend channel indicator (set 48 hours for 60 min time frame, set 24 hours for 30 min time frame and set 96 hours for 240 min time frame).Trade only in the direction of the autrend channel indicator.
Long Entry Rules
Autrend channel indicator up trend.
Buy when the 2 moving average crosses above the 6 EMA, and both 2MA and 6EMA cross the 32 EMA in an upward direction.
b) The MACD Histogram bar must change colour from red colour to blue colour at the same time that the EMA crosses occur or MACD Candles are green.
Short Entry Rules
Autrend channel indicator down trend.
Sell when the 2 moving average crosses below the 6 EMA, and both 2MA and 6EMA cross the 32 EMA in an downward direction.
b) The MACD Histogram bar must change colour from blue colour to red colour at the same time that the EMA crosses occur or MACD Candles are orange.
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 Auto Trend Channel Swing Trading Strategy?
- Download Forex Auto Trend Channel 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 Auto Trend Channel 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”.