Forex Master Precision Trend Swing Trading Strategy
Forex Master Precision Trend Swing Trading Strategy:
Master Precision Trend Trading System is a trend following strategy.
The first step for all trend following trading systems is the find the currency pairs in trend. For this purpose you can use many tools: trend lines. moving averages, currency meter indicators, strength meter indicators, earth map currency and other.
Step 2 apply the template Master Trend at the currency pairs that us we have finding.
Time Frame 4H or h1 ( trend confirmed also H4)
Currency pairs: any but Master Trend is also good for Stocks and Indicies.
Metatrader Indicators:
LR Channel (38, 5);
LR Channel ( fast);
Vertical move,
support and resistance indicator,
Alf winner (10, 5),
FSP,
XPS V. 8 trend indicator,
Market emotions indicator.
Rules Master Precision Trend Trading System (Template Step 3 description).
Long entry
LR Channel up trend,
Alfa Winner green bar
FPS green bar,
XPS trend indicator green bar,
Market emotions green bar.
Short entry
LR Channel down trend,
Alfa Winner red bar
FPS red bar,
XPS trend indicator red bar,
Market emotions red bar.
Exit position
When Alf winner changes colour.
You can use an expert advisor for manage position.
Initial Stop loss on the previous swing.
The advantage of Master Trend Trading System that is very simple and effective.
Happy trading!!
What is the secret?
For all trend following Trading Systems the is basically choose the best currency pairs in trend. This is the first work that you must know make.
update
Time frame 30 min or higher
Currency pairs: any.
Indicators
Andrew’s PichFork
Precision Trend Histo
Trend signal 2.1
Super trend
Trading rules
Buy
Trend signal buy arrow and Super Trend sell arrow (optional)
Precision trend blue bar
Stop loss at the previous swing low.
Exit with predeterminated profit target or at the levels of Andrew’s PichFork
Sell
Trend signal sell arrow and Super Trend sell arrow (optional)
Precision trend red bar
Stop loss at the previous swing low.
Exit with predeterminated profit target or at the levels of Andrew’s PichFork.
Trades only with Trend signal.
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 Master Precision Trend Swing Trading Strategy?
- Download Forex Master Precision Trend 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 Master Precision Trend 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”.