Forex Fast Directions Trading Strategy
Forex Fast Directions Trading Strategy:
Time Frame H1, H4, daily.
Currency pairs: any also you trade metals and commodities.
Indicators:
Color CC1 setting (14, -60, +60).
JJN Been Candle
This strategy make scalping on the one max two bar. This strategy is good also for binary options.
Long Entry
Wait JJN Been arrow green, open buy if color CCI and candle are green.
Short Entry
Wait JJN Been arrow red, open buy if color CCI and candle are red .
Do not open buy or sell position if CCI is yellow.
Profit Target depends by time frame (h1 or H4) and currency pairs. The profit target is very fast.
Profit Target H1 Time Frame:
15-20 pips.
Profit Target H1 Time Frame:
15-20 pips.
Profit Target H4 Time Frame:
20-30 pips.
Profit Target daily Time Freme:
40-60 pips.
Stop loss:
for sell 10 pips above the high of the previous bar ;
for buy 10 pips below the low of the previous bar ;
Stop lossfor daily Time frame is:
for sell 20 pips above the high of the previous bar ;
for buy 20 pips below the low of the previous bar ;
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 Fast Directions Trading Strategy?
- Download Forex Fast Directions 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 Fast Directions 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”.
