Forex Channel MA Breakout Trading Strategy
Forex Channel MA Breakout Trading Strategy:
Time Frame 15 or Higher.
20 SMA Low;
Long Entry:
When 34Ema>20SMA and ADX(13)>25
Shor Entry
When 35EMA<20SMA and ADX(13)>25
Long and Short Exits
a) Exit a long or short position with stop loss at upper and lower band, the Trailing Stop loss, or the Profit Target.
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 Channel MA Breakout Trading Strategy?
- Download Forex Channel MA Breakout 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 Channel MA Breakout 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”.
