Forex Inverse Fisher Swing Trading Strategy
Forex Inverse Fisher Swing Trading Strategy:
Inverse Fisher Trasform of RSI Trading System is based on the Fisher function with other indicators trend following.
Metatrader Indicators:
Bollinger bands stop (20; 1);
Heiken Ashi Smoothed alert;
Inverse Fisher Trasform of RSI indicator (9, 20);
Jurich Filter indicator (15).
Entry:
Go short conditions:
1. Bollinger Bands dots turns into red color;
2. Heiken Ashi Smoothed alert candles turn into red;
3. Inverse Fisher Trasform of RSI indicator goes below 0 line;
4. Go Short when the price retraces on the Jurich filter.
Go Long:
1. Bollinger Bands dots turns into blue color;
2. Heiken Ashi Smoothed alert candles turn into blue;
3. Inverse Fisher Trasform of RSI indicator goes above 0 line;
4. Go Long when the price retraces on the Jurich filter.
Only enter trade with all 3 indicators confirmation for perfect signal.
You should put stop loss on previous candle high or low. Also trailing stop could be applied or Profit Target predetermined (time frame: 60 min 20-25 pips, time frame 240 min 30-40 pips, time frame daily 70-80 pips).
We simply exit trade when Bollinger Bands indicator changes color against our trade.
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 Inverse Fisher Swing Trading Strategy?
- Download Forex Inverse Fisher Swing 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 Inverse Fisher Swing 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”.
