Forex Box Breakout Swing Trading Strategy
Forex Box Breakout Swing Trading Strategy:
Time Frame H1 or higher.
Currency pairs: any.
Indicator Metarader 4
I-Regression;
Stochastic Candles;
Slope (80);
Support-Resistance levels;
Support-Resistance areas;
Long Entry
I-Regression up Trend;
Stochastic Candles Blue ;
Slope color aqua.
Short Entry
I-Regression down Trend;
Stochastic Candles red;
Slope color red.
Exit Position
Stop loss with buy trade, 5 pips below lower band I-regression.
Stop loss with Sell trade, 5 pips above upper band I-regression.
Profit Target
options:
The support and resistance levels areas;
Profit Target predetermined.
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 Box Breakout Swing Trading Strategy?
- Download Forex Box Breakout 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 Box Breakout 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”.
