Forex Crazy Pips Breakout Swing Trading Strategy
Forex Crazy Pips Breakout Swing Trading Strategy:
Three trading style is based on the Crazy pips indicator.
Time Frame 30 min or higher.
Currency pairs: any
First trading style:
simple trading
Time Frame 30 min or higher.
Long entry at the green bar.
Short entry at the red bar.
Second trading Style
Breakout with Crazy pips indicator
Time frame 30 min or 60 min.
Metatrader indicators:
Crazy pips indicator
king’s Cage breakout zone.
Enter position only in the direction of the Crazy pips indicator.
Crazy pips indicator green bar.
Buy
Crazy pips indicator green bar.
Place a pending order above the breakout zone.
Sell
Crezy pips indicator red bar.
Place a pending order below the breakout zone.
Target profit 25-40 pips.
Stop loss 20-25 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 Crazy Pips Breakout Swing Trading Strategy?
- Download Forex Crazy Pips 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 Crazy Pips 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”.
