Forex Snake Force Swing Trading Strategy
Forex Snake Force Swing Trading Strategy:
Time Frame 5 min or higher.
Currency paira:any.
Metatrader indicators:
The Snake;
The Snake Force Oscillator.
What is this:
1.
The Snake (blu over the price chart)
2.
The Path (red over the price chart)
The Snake Force (oscillator below the price chart)
How read this:
BUY:
1.
Snake Body is down touching the Canal
2.
The Path became visible again behind the Snake body because the Snake start rising
3.
Snake Force down is off
SELL:
1.
Snake Body is high touching the Canal
2.
The Path became visible again behind the Snake body because the Snake start fall
3.
Snake Force oscillator high is off
ALL INDICATORS REPAINT
For each indicators, there are a max number of bars within the signal can be repainted, it depends on how many bars the signal is calculated. If it’s calculated on the last 3 bars, the signal behind the fourth bar can’t repaint.
If the signail is calculated on the last bar only, it repaint the current open bar only, and you can trade the signal at the closing of the bar. Improperly, they’re called non-repainting indicators.
Most indicators wich gives signails to EA (Auto-Trading systems, wich needs only clear signals) works this way, but this is not necessarily the best way to build an indicator for a discrtetional trading system.
In a Discretional Trading Stystem repainting is a problem too. You can’t have feeling with disappearing arrows, lines and dots! Luckly, human eye can filter good and bad signals quite easily, using other indicators monitoring different paramenters. Sometimes, in a trading system, is better let the Trading system give you some fast signals, in addition to other lagged indicator, stronger.
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 Snake Force Swing Trading Strategy?
- Download Forex Snake Force 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 Snake Force 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”.
