Forex RSI Colored Gann Hilo Activator Swing Trading Strategy
Forex RSI Colored Gann Hilo Activator Swing Trading Strategy:
RSI Colored with Gann Hilo Activator is a trend momentum strategy intraday.
This fx strategy is very easy.
First step go 4H charts and find the Currency pair in trend.
For trade choose the best currency in trend.
In the 4H char we have only Two exponential moving average (21 EMA and 144 Ema).
Up trend 21 EMA >144 Ema.
Down Trend 21EMA< 144 Ema.
Time Frame H1.
Currency pairs:EUR/USD, GBP/USD, AUD/USD, USD/CHF, EUR/JPY, GBP/JPY, AUD/JPY, NZ/USD.
Metatrader Indicators:
Gann Hilo Activator Arrow ( install also ##Gannn Hilo Activator V.2##),
RSI colored (9,2 0,1),
RSI cololred (70,0,2,1).
Rules for RSI Colored with Gann Hilo Activator
Long Entry
Gann Hilo Activator blue Arrow,
RSI colored (9,2 0,1), green bar,
RSI cololred (70,0,2,1), green bar.
Short Entry
Gann Hilo Activator red Arrow,
RSI colored (9,2 0,1), red bar,
RSI cololred (70,0,2,1), red bar.
Exit position
At the opposite arrow.
Profit Target predetermined that depends by currency pairs.
Initial stop loss on the previous Swing.
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 RSI Colored Gann Hilo Activator Swing Trading Strategy?
- Download Forex RSI Colored Gann Hilo Activator 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 RSI Colored Gann Hilo Activator 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”.
