Forex Buy Sell Spot Trigger Trading Strategy
Forex Buy Sell Spot Trigger Trading Strategy;
Touched and flight tradingis a channel strategy that is an filter of the signals generates by the triggerin subwindow indicator metatrader 4. The purpose of this strategy is to find the entries in the forex market when the volatility increases.
This trading system, Touched and flight trading, was created for the 4 hour time frame and daily has a good profitability and is easy to apply.
Time frame 4h or daily
Currency pairs: Aud/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, EUR/USD, NZD/USD, EUR/JPY, GBP/JPY, EUR/CHF.
Metatrader 4 indicators
Exponential moving average, 21 period, close.
Envelopes 14-0.10 simple SMA, close.
Trigger fast EMA5, slow Ema 14, signal line 1 period, close.
Bollinger bands for identify lateral phases of the market. (optional), 20 period, 2.0 deviation.
Trading rules Channel forex strategy
Buy
Price bar close above envelope and exponential moving average.
Trigger green bar.
Sell
Price bar close above envelope and exponential moving average.
Trigger green bar.
I recommend fast profit taget in relation to the time frame 20-30 pips for 4H.
50-80 pips for daily tf. But if you are in the presence of a trend you can keep your position open and make a big profit.
This is a winning trading system, good pips and happy 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 Buy Sell Spot Trigger Trading Strategy?
- Download Forex Buy Sell Spot Trigger 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 Buy Sell Spot Trigger 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”.
