Forex Blue Red Swing Trading Strategy
Forex Blue Red Swing Trading Strategy:
This strategy is trend following and to look out to breakouts to take a deal, based on serveral indicators.
The forex indicators are in colour DodgerBlue and Red. That´s the name 😉
Forex Indicators
2 FX Snipers Ma indicator (2-10-0-0) (1-26-0-0)
VQ Bars in default (5-3-1-5-false)
NRTR_Rosh_v2eAlert-mtf in default (40-2.0-true-false-true-1-1-0, colours red-dodgerblue-black-black-red-dodgerblue)
Optional
Magnified Market Price (to better see the actual market price)
#FS30_7 (a BreakOut Signal Indicator, but not even correct)
With this one already really good trades are possible
Filters prudent and advisable
Trade What You See (default 7-50.6-300)
CCI_Histogramm (14)
Advanced_ADX (14)
SEFC084 (12)
fxfariz_scalpingM5 (set to 20)
How to trade
Simple buy when a) Indicators alert b) and/or all forex indicators and filters are blue and sell when all are red. Also pay attention to the usual main trading hours!
Interrupt or no trade when there are differences in indicators colour.StopLoss (for my own) under or over the NRTR_Rosh indicators black line.
Take Profit for your opinion or when the colour of one indicator is changing.
Best Timeframe to me is H4, H1, M30 but it is possible to use it in lower timeframes, but no recommended.
Sorry of my faults, because english isn´t my Mother tongue.
Always nice Pips!
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 Blue Red Swing Trading Strategy?
- Download Forex Blue Red 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 Blue Red 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”.
