Forex Space Buy Sell Zones Trading Strategy
Forex Space Buy Sell Zones Trading Strategy:
Forex Space is a trading system trend-momentum based on WPR/RSI/Stock and trend indicators as (Fx ultratrend and heiken Ashi smoothed). “Enter with the trend when go the momentum.”
Time Frame 15min or higher.
Financial markets: Forex and indicies.
Metatrader Indicators:
FXUltratrend 2,
Heiken Ashi Smoothed (Ema gain),
Obos Zone ( WPR/RSI/Stock) RSI 21, Stochastic 14, 3, 3, WPR 55 periods.
Trading Rules Forex Space are very simple.
Trade only in the direction of the trend
Buy
Heiken Ashi Smoothed or FX Ultratrend green bar.
RSI and Stochastic crosses upward below 50 level.
Sell
Heiken Ashi Smoothed or FX Ultratrend red bar.
RSI and Stochastic crosses downward above 50 level.
Exit position with ratio 1.2 stop loss.
Place initia stop loss on the previous swing.
This is a classic trend-momentum strategy expected profitability 55-60%.
In the pictures Forex Space trading system in action
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 Space Buy Sell Zones Trading Strategy?
- Download Forex Space Buy Sell Zones 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 Space Buy Sell Zones 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”.
