Forex Strength Candles Signal Trading Strategy
Forex Strength Candles Signal Trading Strategy:
The strength candles indicator calculates the strength of the tendency for any currency pairs, index,cfd, stocks for any time frames: M1, M5, M15, M30, H1, H4 and D1. This is an dashboard indicator.
Time Frame: 1 min or higher. Markets:any.
Metatrader Indicators:
Strength Candles Indicator,
Sideways trend.
UK Ma indicators (4 period),
UK NMA (default setting).
Trading Rules Strength Candles Indicator System
Buy
UK Ma crosses above UK NMA.
Strength Candles Indicator System buy bar is more 70%.
Sideways trend.Buy.
Sell
UK Ma crosses belowUK NMA.
Strength Candles Indicator System sell bar is more 70%.
Sideways trend.sell.
Exit Position when uk-ma crosses in opposite direction UK-NMA or profit target ratio 1.2 stop loss.
Initial stop loss on the previous swing.
Strength Candles Indicator System is also for binary options high/low with expiry time 3 candles.
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 Strength Candles Signal Trading Strategy?
- Download Forex Strength Candles Signal 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 Strength Candles Signal 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”.
