Forex DSS Arrow Filter Trading Strategy
Forex DSS Arrow Filter Trading Strategy:
DSS arrow is a simple trend-momentum strategy based on two indicators DSS arrow and slope indicator. This strategy is good also if applied with renko chart ( box size 5 pips or higher).
Time frame 30 min or higher.
Financial marketes:any.
Renko chart box size 5 pips or higher
Metatrader Indicators
DSS Bressert arrow TT
filter (slope indicator)
Renko live chart 600.
Trading rules DSS arrow
Buy
DSS Bressert arrow TT arrow buy.
filter (slope indicator) green line.
Sell
DSS Bressert arrow TT arrow sell.
filter (slope indicator) green line.
Exit position
Exit at opposite arrow or when slope change direction (color).
Place initial stop loss on the previous swing high/low.
Overbought / Oversold
Find on the time frame daily value in range.
open the chart 4H or 1H and trading only with DSS overbought / oversold.
See example.
Exit when the oscillator DSS reach the opposite area.
In this case, it is very important to choose an exchange in range.
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 DSS Arrow Filter Trading Strategy?
- Download Forex DSS Arrow Filter 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 DSS Arrow Filter 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”.
