Forex Stochastic Trend Signal Swing Trading Strategy
Forex Stochastic Trend Signal Swing Trading Strategy:
Stochastic with trend system is a trend momentum strategy that use also the levels of Fibonacci.
Time Frame 15 min
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, GBP/JPY, EUR/JPY USD/JPY.
Metarader Indicators
1. Heiken Ashi
2. Moving Averages (3,3, simple close);
3. b-clock modified
4. Stoch_Bars_v2c
5. _Signal_Bars_v6*
6. SpudFibo
7. FiboPiv_v3
8. SMI
9. RMI
10. MTF FibStoch
Simple Rules Stochastic with the trend
Short entry
short alert candle, price is below the 25 SMA, Heiken Ashi red.
Long entry
longalert candle, price is above the 25 SMA, Heiken Ashi white.
Exit position
Make profit on the fibo level or with predetermined profit target.
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 Stochastic Trend Signal Swing Trading Strategy?
- Download Forex Stochastic Trend Signal 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 Stochastic Trend Signal 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”.
