Forex Nanning Bob Method Trading Strategy
Forex Nanning Bob Method Trading Strategy:
To see manual
Time frame 1H
Currency pairs:all.
If the blue Stoch line is greater than the MACD red line- you are in an up trend and if it is less than the red line you are in a downtrend
Above 85 or below 15 you are nearing turn around territory – When blue line crosses red you have a change of direction in price action.
The one rule you cannot disobey – Do not enter trades unless the blue line is near, above/below the 85/15.
TRADING RULE: When the red, white and blue line are converging together above the 85 yellow line or below the 15 yellow line and price is at the top/bottom of the gold lines sixth indicator, you are nearing you entrance point, You will want to turn on the sell or buy EA to enter the trade.
Knowing how to read the white line as compared to the blue is a key to trading this system – If white and blue go up/down together, the tighter they are the stronger the move, the longer you want to stay in – The farther apart they are, the weaker the move, the less time you will want to stay in the trade. If white line moves, but blue doesn’t GET OUT
Primary trade SELL rules:
1. When the RWB lines are bunch together above or near the 85 line,
2. The top of the BB is well above the green line of the sixths indicator or anytime above thegold line.
3. Price is inside the BB outer band
Primary trade BUY rules:
1. Just the opposite of the buy rules. When the RWB lines are bunched together near or below the 15 line.
2. The bottom of the BB is well below the green line of the sixths indicatoror anytime below the gold line.
3. Price is inside the BB outer band
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 Nanning Bob Method Trading Strategy?
- Download Forex Nanning Bob Method 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 Nanning Bob Method 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”.
