Forex Momentum Two Trading Strategy
Forex Momentum Two Trading Strategy:
Time Frame:1H TF
Pairs:all
Indicators:
Awesome,
Trend Momentum,
Trend Strenght.
Long Entry:
The Awesome Oscillator is Blue;
Trend Momentum is Blue;
The Trend Strenght is Blue and above 16 level.
Short Entry:
The Awesome Oscillator is Red;
Trend Momentum is Red.;
The Trend Strenght is Blue and above 16 level.
Exit Strategy:
When 2 indicators are showing a reversal signal.
Stop loss
50-100 pips
Profit Target: 60-200 pips
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 Momentum Two Trading Strategy?
- Download Forex Momentum Two 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 Momentum Two 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”.
