Forex Kaufman ABC Pattern Swing Trading Strategy

Forex Kaufman ABC Pattern Swing Trading Strategy

Forex Kaufman ABC Pattern Swing Trading Strategy:

Forex Kaufman ABC Pattern Swing Trading Strategy

Kaufman with ABC pattern Trading System is an trend following strategy. Only trades in the direction of the trend (remember trend is your friend).

The direction of the trend is determined by the Kaufman V.3 indicator: line white > magenta line trend is up; line white < magenta line trend is down.

Rules for Kaufman with ABC pattern Trading System

Time Frame H30 min or higher.

Currency pair:any

Metatrader Indicators:

Kaufman3 indicator;

ABC Pattern indicator;

FX Trender.

Buy

Kaufman indicator Trend up ;

ABC pattern arrow blue buy must be confirmed by:

FX Trender indicator>0;

If these conditions agreed to open a long position at the opening of the next bar.

Sell

Kaufman indicator Trend up ;

ABC pattern arrow red sell must be confirmed by:

FX Trender indicator < 0;

If these conditions agreed to open a short position at the opening of the next bar.

Exit position

Two methods:

1. scalping with re-enter: fast profit target that depends by currency pair and time frame or on the pivot point levels (for intraday trading);

2. or exit position when kaufman indicator v.3 reverse trend

example H!1 Time frame: Initial stop loss on the previous swing after 15-18 pips in gain move stop loss at the entry point.

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 Kaufman ABC Pattern Swing Trading Strategy?

  • Download Forex Kaufman ABC Pattern 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 Kaufman ABC Pattern 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”.

Download Free Forex Kaufman ABC Pattern Swing Trading Strategy

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