Forex Swinger Trading Strategy
Forex Swinger Trading Strategy;
Pair: all.
Time Frame: 15 or higher.
Indicators:
34 EMA (exponential moving average);
11 EMA (exponential moving average).
DSS Bressert (8, 13) with 3 WMA levels (80 20)
Entries
a)When the trend is up (21EMA>50EMA) If the oscillator DSS is in oversold zone and is greater than it was one bar ago, and the close is above the moving average, then buy on the open of the next bar;
b)When the trend is down (21EMA<50EMA) If the oscillator DSS is in Overbougth zone and is less than it was one bar ago, and the close is below the moving average, then sell short on the open of the next bar.
Exits:
a) If the oscillator DSS is <3 WMA exit buy;
b) If the oscillator DSS is >3 WMA exit sell.
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 Swinger Trading Strategy?
- Download Forex Swinger 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 Swinger 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”.
