Forex Damiani Zone Volatility Trading Strategy
Forex Damiani Zone Volatility Trading Strategy:
For intraday Trading
Time Frame 15 min, 30 min.
Currency pairs any
Rules:Overbought and oversold zone indicator filtered by Damiani volameter
Trades Zones are when green line of Damiani Volameter is below line gray
Forex Indicators for intraday trading
Overbought and oversold zone indicator;
Damiani volameter, (The trades zone are ” the not trade zones Damiani Voltameter” );
Pivot Points levels.
Buy
1) wait that the value of the Overbought and oversold zone indicator reaches or breaks the level of -8;
2) buy the when it turns red reaches or breakes the level (-4).Open buyposition at open next bar.
Note: if the value of the Overbought and oversold zone indicator reaches or breaks the level of -8 and the level -4 (Do not Entry).
Sell
1) wait that the value of the Overbought and oversold zone indicator reaches or breaks the level of 8;
2) Sell the first when it turns red reaches or breakes the level (4). Open sell position at open next bar.
Note: if the value of the Overbought and oversold zone indicator reaches or breaks the level of 8 and the level 4 (Do not Entry).
Exit Position intraday trading:
Profit Target predetermined that dependes by pairs and time frame;
The Pivot Points levels.
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 Damiani Zone Volatility Trading Strategy?
- Download Forex Damiani Zone Volatility 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 Damiani Zone Volatility 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”.
