Forex Moon Shine Trend Strategy
Forex Moon Shine Trend Strategy:
Pairs:Majors and all
Time frame: 30M, H1;
Spread max:0,0005.
Price: Bar Chart.
Indicators:
Parabolic SAR (0.2, acceleration factor0.02);
Moving Averages, Exponential 10,Gold;
Moving Averages, Exponential 25,Green;
Moving Averages, Exponential 50,Red.
Long Entry Position:when the ema 10 crosses the 25 and 50 up from the bottom andParabolic SAR is on the bottom.
Short Entry Position: when the ema 10 cross the 25 and 50 down from the top andParabolic SAR is on the Top.
When to EXIT a trade:The best time to exit a trade is when the price crosses back down through all 3 EMA’s on the chart .
Where to Set the Stop Loss: you should always set your level just below the EMA 50. As your position moves in the right direction, you should move your stop accordingly.
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 Moon Shine Trend Strategy?
- Download Forex Moon Shine Trend 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 Moon Shine Trend 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”.
