Forex Signal Reversal Line Swing Trading Strategy
Forex Signal Reversal Line Swing Trading Strategy:
Signal line Forex Reversal System is a swing system that find reversal price of currency pair. This forex strategy is based on trend and support/resistance metatrader indicators.
Time Frame H1 ( ref Support and Resistance H4);
Time Frame H4 ( ref Support an Resistance daily).
Metatrader Indicators
Trend and fibo alerts,
Time to next bar,
Gold line (13,21, 9),
Sof signal ( 0, 30, 9.0),
Signal line alerts (21, 3, 0),
Super signal channel alert (4),
Support and resistance indicator,
Puilse MACD (9,21, 2).
Rules for Signal line Forex Reversal System
Buy
Buy Arrow Gold line
Signal line alerts green color,
Price below H4 Support line;
Pulse MACD crosses upward.
Sell
Sell Arrow Gold line
Signal line alerts red color,
Price below H4 Support line;
Pulse MACD crosses downward.
Exit Position
When Signal line alert changes direction.
Make Profit with ratio 1.2 stop loss.
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 Signal Reversal Line Swing Trading Strategy?
- Download Forex Signal Reversal Line 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 Signal Reversal Line 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”.
