Forex Price Action Starc Band Pin Bar Trading Strategy
Forex Price Action Starc Band Pin Bar Trading Strategy:
Price Action: Starc Band with Pin Bar Detector is a trading system based on the mouvement of the price. The principal indicator of this strategy is the BollJurik Starc TC. This Strategy is also good for trading on the binary options.
Time Frame 15min or higher.
Markets: Indicies, Forex majors, Commodities.
Metatrader Indicators:
BollJurik Starc TC ( bollinger bands 20, 2, 13- ATR 21, KATR 2.0)
Pin Bar Detector (156, 1);
PBFast 3 Ma
PB fast show me,
PET-D (paint bar indicator).
Trading Rules for Price Action: Starc Band with Pin Bar
Buy
When appears the Buy alert of the BollJurik Starc TC wait the following conditions:
Pet-D green bar whit buy arrows of Pin bar Detector. After buy at the opening of the next bar.
Sell
When appears the sell alert of the BollJurik Starc TC wait the following conditions:
Pet-D red bar whit sell arrows of Pin bar Detector. After sell at the opening of the next bar.
Exit options:
When the PBFast 3 Ma changes direction;
with predetermined profit target.
Place initial stop loss at the previous swing.
For trading with binary options I will update this post it or will send a new one.
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 Price Action Starc Band Pin Bar Trading Strategy?
- Download Forex Price Action Starc Band Pin Bar 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 Price Action Starc Band Pin Bar 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”.
