Forex Miracle Donchian Swing Trading Strategy
Forex Miracle Donchian Swing Trading Strategy:
The miracle of trading is a forex strategy based on the Donchian channel. IT’s a trend-range trading system.
Markets: Forex, Metalas, CFD, Futures, Indicies.
Time Frame 15 min or higher.
Metatrader Indicators:
In Marrows (3,3,3,3,),
Signal bars,
Non Lag Ma (10 periods),
Donchia Bands (30 periods),
Parabolic Sar (0.07 -0.3),
Histogram indicator (10 period),
MACD alert (10, 20, 5).
Rules for the miracle of trading
Long Entry
Candle close above the middle band of the donchian bands indicator;
In Marrows buy arrow;
Parabolic Sar below the arrow;
Histogram red bar;
MACD alert blue line;
Non lag ma green line
Short Entry
Candle close above the middle band of the donchian bands indicator;
In Marrows buy arrow;
Parabolic Sar below the arrow;
Histogram red bar;
MACD alert blue line;
Non lag ma red line.
Exit position il discretionary and depends by time frame and currency pairs.
This forex system is very flexible for more interpretations.
Initial stop loss on 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 Miracle Donchian Swing Trading Strategy?
- Download Forex Miracle Donchian 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 Miracle Donchian 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”.
