Forex Stretch Volatility Trading Strategy
Forex Stretch Volatility Trading Strategy;
Time Frame 30 min or 60 min
Matkets :any;
Forex Indicators
Stretch indicator (10, 12, period);
Golminer 2 indicator (ssp 7);
Damiani Volameter setting default;
Nina StepMA_Stoch setting defaul;
(This indicator signal arrow can be changed with another. It ‘s just an example. The important thing is to demonstrate how Damiani volameter Stretch indicator and work well together,);
Daily Pivot.
What is The Stretch indicator?
“The Stretch is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. It represents the minimum average price movement/deviation from the open price during a period of time, and that value is used to calculate breakout thresholds for the current trading session. This can be used to plot a multitimeframe breakout channel. Source:http://codebase.mql4.com “
I Use this indicator do not for building an channel breakout but for mesure the movement deviation.
rading Rules for : Volatility Double: Stretch and Damini Volameter v. 3.2
Buy
Nina Step Stochastic indicator Arrow Blue;
Damiani Volameter 3.2 green line > grey line;
Gold Miner 2 aqua color;
Green bars of Stretch indicator > moving average period.
Sell
Nina Step Stochastic indicator Arrow Red;
Damiani Volameter 3.2 green line > grey line;
Gold Miner 2 red color;
Green bars of Stretch indicator > moving average period.
Exit Position
At the Pivot Points levels;
Profit Target predetermined that depends by time frame and currency pairs;
Initial stop loss at 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 Stretch Volatility Trading Strategy?
- Download Forex Stretch Volatility 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 Stretch Volatility 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”.
