Forex LR Super Channel Swing Trading Strategy
Forex LR Super Channel Swing Trading Strategy:
LR Channel 4H Trading is a forex strategy trend-momentum based on the regression channel.
Time Frame 4H
Currency pairs: EUR/USD, GBP/USD, EUR/CHF, UDF/CHF, AUD/USD, USD/CAD, EUR/JPY, AUD/JPY, GBP/JPY, AUD/NZ.
Technical indicators:
Exponetial moving average (period 4);
Exponetial moving average (period 72);
Exponetial moving average (period 200);
Support and resistance;
Sinergy Bar,
enlight LR Channel (38, 5);
en light LR Channel (0, 2);
Dynamic Zone Stochastic ( 14,3,3, 18).
Rules LR Channel 4H Trading
If we are within an uptrend we look only long entry at the
bottoms of the channel and when we’re inside an downtrend we’re looking to market the tops.
Conditions for entry in the market:
Buy
EMA 4 > EMA72 > 200;
Up market LR Channel point up;
Price touches or breaks lower band;
Dynamic Zone Stochastic break lower band and re-entry into channel to upward.
The price is above the resistance that is formed.
Heiken Ashi Blue color.
Sell
EMA 4 < EMA72 < 200;
Up market LR Channel point up;
Price touches or breaks upper band;
Dynamic Zone Stochastic break upper band and re-entry into channel to downward;
The price is beloew the support that is formed;
Heiken Ashi blue color.
Exit position
When the colour of the Synergy candle changes .
Profit Target 60, 100 pips depends by currency pairs.
Note: EUR/CHF 20 -25 pips.
Initial stop loss on the previous swing.
Note:
This Forex Trading Strategy makes less trades per month for currency. But it has a high profitability.
You can also use Traders Dynamic Index
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 LR Super Channel Swing Trading Strategy?
- Download Forex LR Super Channel 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 LR Super Channel 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”.
