Forex Kirshenbaum bands Sar Stochastic Trading Strategy
Forex Kirshenbaum bands Sar Stochastic Trading Strategy:
Kirshenbaum bands with Sar Stochastic trading system is a trend momentum strategy based on bands (as filter) stochastic and parabolic Sar.
Time Frame 15 min or higher.
Markets: Currency pairs, Indicies and Commodities.
Metatrader Indicators:
ParabolicSar Stochastic:
– Stochastic oscillator (5,3,3),
– Parabolic Sar (0,03,-0,02);
Kirshenbaum bands ( filter buy above upper bands sell below lower band)
Trading rules Kirshenbaum bands with Sar Stochastic trading system
Long entry
Arrow buy Sar Stochastic above the upper band of Kirshenbaum bands.
Short entry
Arrow Sell of the Sar Stochastic below thelower band of Kirshenbaum bands.
Tips= For the best entry trades only in the direction of the trend.
Exit at the opposite arrow or at the important levels of support or resistance.
How install
First, you should have already downloaded the rar file containing all
the installation files, Unzip it into your computer. Inside thatrar file, there’s this file: Sar Stochastic and Kirshenbaum bands
Next:
Open your MT 4 trading platform
Click File –> Open Data Folder
Once you have that data folder open, locate the MQL4 folder inside it.
Then open that MQL4 folder. Inside that MQL4 folder, you will see the Indicators folder , this is where you need to copy the Kirshenbaum bands with Sar Stochastic indicators .
NEXT STEP:
To insert the indicator to your chart, click Insert –> Indicators –>
Custom, then choose kirshenbaum bands and after Sar Stochastic.
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 Kirshenbaum bands Sar Stochastic Trading Strategy?
- Download Forex Kirshenbaum bands Sar Stochastic 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 Kirshenbaum bands Sar Stochastic 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”.
