Forex MA Dinapoli Breakout Trading Strategy
Forex MA Dinapoli Breakout Trading Strategy:
Breakout Moving Average MT4 is a classic breakout-momentum strategy. This is a version for Metarader 4. ( Ema brakout filtered by stochastic oscillator) In my version there are Rads Stochastic, Dema filter and Fischer indicator but the principle for trading is the same.
Time Frame 15 min or higher but this strategy works good at the higher time frame.
Currency pairs:majors.
Metatrader Indicators setting:
Exponential moving average 34 period, close.
Rads Stochastic ( 21, 4, 3, T3 9),
Fisher indicator 10 period, close,
Di Napooli Dema filter (default setting).
Trading rules Breakout Moving Average MT4
Buy
Four hour candle closed above EMA 34 (TF 15, 30 and 60 , TF 4H or daily 1-2 candles).
DiNapoli pointing upwards.
Rads Stohastic T3 upwards.
Fisher_m11 painted in blue.
Fast Profit Target discretionary.
Initial stop loss on the previous swing low.
Sell
Four hour candle closed above EMA 34 (TF 15, 30 and 60 , TF 4H or daily 1-2 candles).
DiNapoli pointing downwards.
Rads Stohastic T3 downwards.
Fisher_m11 painted in red.
Fast Profit Target discretionary.
Initial stop loss on the previous swing high.
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 MA Dinapoli Breakout Trading Strategy?
- Download Forex MA Dinapoli Breakout 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 MA Dinapoli Breakout 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”.
