Forex Markt Momentum MTF Swing Trading Strategy
Forex Markt Momentum MTF Swing Trading Strategy:
Time Frame 4H
Currency pairs: any;
Indicators:
MTF Trend Evelopes (1440)
- MTF Moving Average 240 (time frame 10080) Ma period 2, Ma shift 0, ma method 3, applied price 2;
- MTF Moving Average 240 (time frame 10080) Ma period 2, Ma shift 0, ma method 3, applied price 3;
- MTF Moving Average 240 (time frame 43200) Ma period 2, Ma shift 0, ma method 3, applied price 2;
- MTF Moving Average 240 (time frame 43200) Ma period 2, Ma shift 0, ma method 3, applied price 3;Heiken Ashi;
AnggrekJingga;
SSL Fast sbar (default tf 240);
SEFC dots 1sw;
Market momentum
Long Entry
Buy Arrow confirmed by:
1 price above MTF Trend envelopes (1440);
2 heiken asci white;
3 Market momentum aqua;
SSL Fast sbar aqua;
Short Entry
Sell Arrow confirmed by:
1 price below MTF Trend envelopes (1440);
2heiken asci red;
3 Market momentum red;
SSL sbar red;
Exit position (options):
1 ) when appears opposite arrow;
2) profit target predetermined (example: EUR/USD 40 pips, GBP/USD/ 50 pips, AUD/USD 30 pips, GPB/JPY 60 pips,);
3) At the level of the support or resistance;
Place stop loss at the previous swing.
Time Frame 4H
Currency pairs: any;
Indicators:
MTF Trend Evelopes (1440)
- MTF Moving Average 240 (time frame 10080) Ma period 2, Ma shift 0, ma method 3, applied price 2;
- MTF Moving Average 240 (time frame 10080) Ma period 2, Ma shift 0, ma method 3, applied price 3;
- MTF Moving Average 240 (time frame 43200) Ma period 2, Ma shift 0, ma method 3, applied price 2;
- MTF Moving Average 240 (time frame 43200) Ma period 2, Ma shift 0, ma method 3, applied price 3;Heiken Ashi;
AnggrekJingga;
SSL Fast sbar (default tf 240);
SEFC dots 1sw;
Market momentum
Long Entry:
Wait that the price breaks down MTF Moving Average 240 (time frame 10080) Ma period 2, Ma shift0, ma method 3, applied price 3 (color magenta);
Buy When appers the first blue arrow and Market momentum, Heiken Ashi and SSL Fast sbar are magenta.
Short Entry
Wait that the price breaks up MTF Moving Average 240 (time frame 10080) Ma period 2, Ma shift0, ma method 3, applied price 3 (color magenta);
Sell When appers the first red arrow and Market momentum, Heiken Ashi and SSL Fast sbar are red.
Exit position (options):
1) when appears opposite arrow;
2) profit target predetermined (example: EUR/USD 40 pips, GBP/USD/ 50 pips, AUD/USD 30 pips, GPB/JPY 60 pips,);
3) when the price touches Trend envelopes (1440)
Place stop loss at the previous swing
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 Markt Momentum MTF Swing Trading Strategy?
- Download Forex Markt Momentum MTF 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 Markt Momentum MTF 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”.
