Forex Gann HiLo DMI Trading System
Forex Gann HiLo DMI Trading System:
“Gann Hilo DMI System” is a very simple trend trading system which is based on the signals of 3 forex indicator: Gann Hilo, DMI and QQE, the recommended interval – H1, the currency pair – GBPJPY (but may trade on other currency pairs) .
To establish indicators to trade forex, you can download at the end of this strategy, together with a template for MT4:
1) Indicator Gann Hilo (10)
2) Indicator DMI (14), just need to install the level 20
3) indicator QQE (10).
Opening trade position to buy – should the following conditions:
1) The red dotted line indicator QQE is below the blue line (crossed her top down) – The main signal!
2) Price crossed Gann Hilo from bottom up
3) blue line indicator DMI crossed and is above the level of 20
4) The body of the candle on the level close to the level of opening should be more than 3 points, if it is not, then this candle believe «Dodge» and open transaction on this candle is not necessary. If the size of the candles from opening until closing more than 90 points, then trade on the candlejust not necessary, because very high probability of recoil and get stop-loss on this candle.
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 Gann HiLo DMI Trading System?
- Download Forex Gann HiLo DMI Trading System.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 Gann HiLo DMI Trading System?
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”.
