Forex Painter Breakout Swing Trading Strategy
Forex Painter Breakout Swing Trading Strategy:
Time Frame H1
Currency pairs: Any.
Indicators:
Trend squeezer
Painter V1
SDX-TzPivots
Synergy Volatility
Long Entry:
Buy When the price breaks the high of the last bar Painter V1.
Synergy volatility >0,4.
Short Entry
Sell When the price breaks the high of the last bar Painter V1.
Synergy volatility >0,4.
Exit position
Profit Target:
onthe levels SDX TzPivots;
20 -30 pips depends by currency pairs.
Stop loss 18-25 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 Painter Breakout Swing Trading Strategy?
- Download Forex Painter Breakout 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 Painter Breakout 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”.