Forex Easy Price Action Trading Strategy
Forex Easy Price Action Trading Strategy;
Price Action Easy is a trading system on the price mouvement but it’s also based on trend-momentum indicators the but of this system is capture the impulse.
Time Frame 15 min, 30 min, 60 min, 120 min, 240 min.
Financial markets any.
Metatrader 4 indicators for buid the template
RSI bars 21 periods,
orizzontal line (support and resistance),
Momentum filter,
Pips blaster (bands above and below the price).
Rules Price Action Easy
Buy
Price has close above the orizzontal line.
Blue bands below the price ( two bands best choice) ,
Momentum indicator crosses upward.
Sell
Price has close below the orizzontal line.
Red bands above the price ( two bands best choice) ,
Momentum indicator crosses upward.
Exit position is discretionary becouse this is also a good system of filter trend following, that you can use also with other indicators.
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 Easy Price Action Trading Strategy?
- Download Forex Easy Price Action 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 Easy Price Action 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”.
