Forex Dynamic Miner Swing Trading Strategy
Forex Dynamic Miner Swing Trading Strategy:
Time Frame 30 min or higher.
Currency pairs:any.
Metatrader Indicators:
5MA Smooth low;
5MA Smooth high;
Traders dynamic index;
2 ma crossover
Fx Trend V.2
Long Entry
1. Blue Alert Arrow Printed on Chart
2. RSI Price Line is crossing / climbing above Market Base Line (MBS) and Trade Signal Line from below; placed between 50 – 68 lines and trending up.
3. Price Bar is green and closing above SMA 5 (Moving Average) tunnel.
4. SMA 5 tunnel is trending up.
5 FX Trend bar is Blue
Exit
Choose one of the following:
1. Price bar is much shorter than previous, or change into red.
2. Price Bar closes below the SMA5 tunnel.
3. Price Bar closes and a small (intermediate trend) arrow forms opposite direction to your position.
4. RSI Price Line is crossing Trade Signal Line from top, or it is placed above 68 lines.
5. You‟ve got more than 50 – 100 pips.
6. Your stop loss is hit.
Short Entry:
1. Red Alert Arrow Printed on Chart
2. RSI Price Line is crossing/diving below Market Base Line (MBS) and Trade Signal Line; placed between 32 – 50 line, and trending down.
3. Price Bar is red and close below SMA5 (Moving Average) tunnel.
4. SMA 5 tunnel is trending down.
5 FX Trend bar is Red.
Exit
Choose one of the following:
1. Price bar is much shorter than previous, or change into green.
2. Price Bar closes above the SMA5 tunnel.
3. Price Bar closes and a small (intermediate trend) arrow forms, opposite direction to your position.
4. RSI Price Line is crossing Trade Signal Line from below, or it is placed below 32 lines.
5. You‟ve got more than 50 – 100 pips.
6. Your stop loss is hit.
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 Miner Swing Trading Strategy?
- Download Forex Dynamic Miner 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 Dynamic Miner 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”.
