Forex Stratoblaster Pivot Points Trading Strategy
Forex Stratoblaster Pivot Points Trading Strategy:
BASIC RULES USING STRATOBLASTER FOREX TRADING FORMULA
Before trading look to see where price has been and where it is in RELATIONSHIP to green or red CAM lines and SDX CHANNELS. YOU WILL USE NO MORE THAN 20 pips STOP INCLUDING SPREAD IF YOU ENTERED at TOP OR BOTTOM OF SDX LINE. IE 17 pips +3 so price stop 17 pips from entry. You may need larger stop if ENTRY is away from top or bottom SDX.
See where price is within SDX lines and see if it has FORMED A V-TOP OR V-BOTTOM or bounced off top or bottom.
If the market opens BETWEEN the H3 and L3 levels, you must wait for price to approach either of these two levels. Whichever level it hits first gives you your first trade. IN this formula it will be the top or bottom of SDX CHANNELS!
If price FORMS V-TOP or bounces of top SDX LINE and in GREEN ZONE—GO SHORT.
If price FORMS V-BOTTOM or bounces up off bottom SDX line and in RED ZONE–GO LONG.
IF SDX LINES ARE TIGHT TOGETHER and PRICE STUCK between them wait for strong volume / Juice and break of SDX for DIRECTION. If in GREEN ZONE –SHORT WITH VOLUME, and RED ZONE—LONG WITH VOLUME.
IF SDX LINES are very wide (50 or so Pips) from top to bottom, go long if price FORMS V-BOTTOM or bounces off bottom SDX line in RED ZONE and Short if price FORMS V-TOP or bounces off TOP SDX LINE if in GREEN Zone.
BREAK OUT LEVELS —WHEN JUICE INCREASES and if price goes ABOVE H4 go LONG and BELOW L4 go SHORT. IF PRICE MOVES 20 pips in your direction, MOVE STOP TO BREAK EVEN.
Always look for bounce at SDX LINES TO EXIT!
EXIT ON 5 MIN CHART IF TRIGGER LINES CHANGE COLOR AND CROSS 12 EMA, if LONG look for TRIGGER turn RED and cross 12 EMA and if SHORT look for TRIGGER to turn BLUE and CROSS 12 EMA.
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 Stratoblaster Pivot Points Trading Strategy?
- Download Forex Stratoblaster Pivot Points 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 Stratoblaster Pivot Points 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”.