Forex MJ Regression Trading System
Forex MJ Regression Trading System:
Time Frame: 1H or 4H
Pairs:all
Indicators: MJ RegressionChannel
Fx sniper ergodic (2, 5, 3)
This will draw 2 channels. Strategy with this is simple: look at channel margins. You can enter if the price break the channel and is confirmed by FX sniper Ergodic, or if the price get a rejection from the margins of the channels ( and is confirmed by FX sniper Ergodic).
Stop Loss is at the channel margin
Profit targetfor entry after rejection is or middle channel or opposite margin channel.
Profit Targetfor breaks channel is when FX sniper crosses in opposite direction.
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 MJ Regression Trading System?
- Download Forex MJ Regression Trading System.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 MJ Regression Trading System?
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”.
