Forex Slope Trending Swing Trading Strategy
Forex Slope Trending Swing Trading Strategy:
Time Frame:daily.
Currency Pair:any.
Metatrader Indicators:
1. Slope 1 Indicator
2. Slope 2 Indicator
3. CM Indicator
ENTRY RULES
BUY RULES
Open a LONG position when all these conditions are satisfied
– Slope 1 Indicator shows a bullish signal in Green Color
– Slope 2 Indicator shows a bullish signal in Green Color
– CM Indicator shows a bullish signal in Green Color
SELL RULES
Open a SHORT position when all these conditions are satisfied
– Slope 1 Indicator shows a bearish signal in Magenta Color
– Slope 2 Indicator shows a bearish signal in Magenta Color
– CM Indicator shows a bearish signal in Red Color
Stop loss
The suggested stoploss value for daily timeframe is around 100-120 pips
Exit
There are two ways to exit your trade
– Use take profit level equals or 2 times of stoploss level.
– Exit when there are at least two indicators showing a reversal signal
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 Slope Trending Swing Trading Strategy?
- Download Forex Slope Trending 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 Slope Trending 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”.
