Forex Envelopes Winner Trading Strategy
Forex Envelopes Winner Trading Strategy:
Envelopes Winner Strategy is a trend-momentum trading system suitable for candle/bar chart and renko chart. The winner alert can be filtered by trend -envelopes or winner-trend and QTI, or both systems.
Time Frame 15 min or higher.
Currency pairs: majors.
Box size 3 pips or higher.
Metatrader Indicators:
Winner alert
TSI (21, 55),
Winner Trend
QTI (13, 21),
Trend Envelopes (6).
Renko live chart.
System of filter 0 : Trend Envelopes, Winner-trend , QTI, TSI.
System of filter 1: Trend envelopes, TSI.
System of filter 2: Winner-trend , QTI, TSI.
System of filter 3: Trend Envelopes (without winner alert), QTI, TSI (optional), Winner Trend (good for Renko chart).
The filter system to use is subjective.
Trading Rules Envelopes Winner Strategy
Buy
Buy arrow of winner alert.
Trend Envelopes below the bar.
Winner Trend green bar,
QTI green bar,
TSI bullish > 50.
Sell
Sell arrow of winner alert.
Trend Envelopes above the bar.
Winner Trend red bar,
QTI red bar,
TSI bearish < 50.
Apply these conditions at the previous systems the filter.
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 Envelopes Winner Trading Strategy?
- Download Forex Envelopes Winner 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 Envelopes Winner 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”.
