Forex Ghost Direction Signals Trading Strategy
Forex Ghost Direction Signals Trading Strategy:
Forex Ghost is one the best trading system based on the envelopes, momentum and strength indicators. I am very happy to share this system. This forex strategy is for expert.
Description of the system
Suitable currency pairs:
Any, but preferably majors – EUR / USD, GBP / USD, USD / JPY, USD / CAD,
AUD / USD and other pairs with the US dollar.
Suitable timeframes:
M15, M30, H1, H4
Metatrader indicators:
SHI Silver Trend;
Pivots;
Envelopes (24, 0, 0.23);
Envelopes (24, 0, 0.38);
Envelopes (24, 0, 0.64);
Stochastic (21, 8, 13);
RSI (14);
Money Flow Index (21);
Wuilliams % (35.
opening order conditions for the purchase of:
• Price Envelope reaches one of the lower limits which are
support levels
• There was a blue dot indicator SHI_SilverTrendSyg
• Stochastic shows oversold 20 level crossing from the bottom up
• RSI shows oversold 30 level crossing from the bottom up
• Williams% R shows oversold
Money Flow Index shows oversold
All conditions must be met at the same time!
opening sell orders Conditions:
• The price reaches one of the top Envelope boundaries that are
resistance levels
• There was a red dot indicator SHI_SilverTrendSyg
• Stochastic shows overbought 80 level crossing from top to bottom
• RSI shows overbought 70 level crossing from top to bottom
• Williams% R shows overbought
• Money Flow Index also shows overbought
(All conditions must be met at the same time!)
Closing the gap:
Changing the direction of the trend.
Opposing evidence of any of the indicators.
Trailing Stop 10 points.
Stop loss – 30-40 points.
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 Ghost Direction Signals Trading Strategy?
- Download Forex Ghost Direction Signals 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 Ghost Direction Signals 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”.
