Forex Power Cycle Trend Swing Trading Strategy
Forex Power Cycle Trend Swing Trading Strategy:
Time Frame 4H
Currency pairs:any.
Indicators:
Best Trend Indicator with exponential moving average.
Setting Best Trend:
Snake Range: 14;
Filter Period 21;
Ma filter: 2;
Price constant: 6.
EMA 6;
FXI pivot;
Long Entry:
Buy when the moving average crosses upwards of the indicator of cycle.
Short Entry
Sell when the moving average crosses down the indicator of cycle.
Stop Loss on the previous swing.
Exit:
when the moving average crosses the indicator of cycle and open new position;
Profit target 50-80 pips;
exit on the level FXI Pivot.
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 Power Cycle Trend Swing Trading Strategy?
- Download Forex Power Cycle Trend 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 Power Cycle Trend 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”.
