Forex Market Statistics Swing Trading Strategy
Forex Market Statistics Swing Trading Strategy:
Drag It modification by Brooky-Indicators.com Volume histogram implementation is based on Vadim Shumilov (DrShumiloff)’s VolumesHist2.3 indicator. Other concepts are inspired from Jperl’s `Trading With Market Statistics` thread on Traders Laboratory.
Market Statistics is an filter for forex strategies trend following:
trade only buy if the price is above Market Statistics line (orange),
trade only sell if the price is below Market Statistics line (orange).
4h trader with Market Statistics;
Tom DeMark sequential ™;
This is the simplest way to use Market Statics. Can also be used with strategies based onsupport and resistance and analysis of the volume.
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 Market Statistics Swing Trading Strategy?
- Download Forex Market Statistics 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 Market Statistics 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”.