Forex Cycle Trend Swing Trading Strategy
Forex Cycle Trend Swing Trading Strategy;
Time Frame 15 min or higher .
Currecy pairs:any;
Indicators:
Trend Indicator:
The Trend Indicator is used to understand market direction. A close above the indicator signifies a Long Biaswhile a close below signifies a Short Bias.
Volatility Cicles:
The VCycles Indicator is a proprietary index measuring the patterns and magnitude of an instruments volatility. It is used to filter trades by eliminating areas where the propensity for a move is low while highlighting areas with a high or increasing propensity for a move.
Entry Rules: A BUYor SELLsignal is defined as either:.1. A close above / below the Trend Indicator WHILE short term volatility is increasing (VCycles displays Green).
EXAMPLE: An hourly close breaches the Trend Indicator in a downward direction, while at the same time the VCycles Indicator displays increasing short term volatility (Green). Yielding a SELLSignalOR2. Short term volatility increasing WHILE the current price is above / below the Trend Indicator EXAMPLE: The current price is already above the Trend Indicator AND VCycles begins to show a measurable increase to short term volatility (the indicator begins to display Green).
BUYSignalDetailed
In the below example, a BUYSignal is generated based on the first entry rule; A close above / belowthe Trend Indicator WHILE short term volatility is increasing.
Stop
Stop Loss & Targets In this section we will explain the methodology behind selecting stop loss and take profit levels. A static stop loss and take profit should always be placed at the time at which a trade is opened. Under contain circumstances it is appropriate to trail the stop to protect the position, these situations are explained in detail in the following section entitled “When to Trail the Stop”.
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 Cycle Trend Swing Trading Strategy?
- Download Forex Cycle Trend 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 Cycle Trend 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”.
