Forex Perfect Contrarian Trading System
Forex Perfect Contrarian Trading System:
Time Frame H1 or higher
Pairs: GBP/USD, EUR/JPY, GBP/JP, AUD/JPY, GPB/CHF, USD/CAD
Indicators:
Stochastic over BS
Squidster
Bolliger Bands (20, 3)
Long Entry
StochsOverBS – red or pale red.
A red arrow
Short Entry
StochsOverBS – green or pale green.
A red arrow.
Exit Position:
Stop Loss for buy 5 pips below lower band;
Stop Loss for Sell 5 pips above upper band.
Profit Target on middle band or opposite band,
or entry with Two order first target on middle band, second target on opposite 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 Perfect Contrarian Trading System?
- Download Forex Perfect Contrarian 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 Perfect Contrarian 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”.
