Forex Dynamic Intraday Trading Strategy
Forex Dynamic Intraday Trading Strategy:
Dynamic Intraday Trading is a great method based on overbought and oversold zone of dynamics indicators as Dynamic Zone T3 and Dynamic Zone Spearman.
For intaday trading the best time frame is 30 min.
Financial Markets any.
Dynamic Zone T3 Trix,
Dynamic Zone Spearman,
MACD alert or your favourite trend arrow indicator).
If you want to simplify the system you can use only one of the two dynamic indicators in the windows below. Here we use these two indicators to have a more speculative trading.
Trading rules Dynamic Intraday Trading
When the price is below the lower band of one of the two dynamic indicators and after, come back into the channel, wait the first signal buy (or with MACD alert or with a buy arrow).
When the price is above the upper band of one of the two dynamic indicators and after, come back into the channel, wait the first signal sell (or with MACD alert or with a sell arrow).
Exit position is discretionary becouse depends by also on the type of indicator that is used to enter.
When you reach a level pivot is recommended to close the profit.
Put the initial stop loss he previous swing high / low.
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 Dynamic Intraday Trading Strategy?
- Download Forex Dynamic Intraday 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 Dynamic Intraday 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”.