Forex Trade Assistant Swing Trading Strategy
Forex Trade Assistant Swing Trading Strategy:L
Currency pair:any.
Time Frame 30min, H1, H4, Daily.
Metatrader indicators:
Trade Assistant indicator;
Pivot Points levels.
How to trade with Trade assistant Time Frame 30 min, H1 and 4H
There must be 6/8 signals of sell or buy on the time frame between the current and higher. Example if I want to trade on the time frame of 30 minutes I have to have 6/8 signals of buy or sell on the time frame of 30 minutes and 60 minutes.
H1-H4, H4, daily.
When I have these signals (sell or buy 6/8), I insert order.
Exit position
30 min Time Frame:
profit target 18-23 pips depends by currecy pair or exit on the pivot point levels. Place intitial stop loss 25 pips after 18 pips in gain move stop loss at + 10 pips.
60 min Time Frame:
profit target 22-30 pips depends by currecy pair or exit on the pivot point levels. Place intitial stop loss 28 pips after 18 pips in gain move stop loss at + 10 pips.
H4 Time Frame
profit target 30-350 pips depends by currecy pair . Place intitial stop loss 30 pips after 25 pips in gain move stop loss at + 15 pips.
Daily Time Frame How to trade with Trade assistant
There must be 3/4 signals of sell or buy.
When I have these signals (sell or buy 6/8), I enter the order the opening of the forex market (00:00 GMT).
Profit Target 50 pips, Initial Stop loss 40 pips. After 35 pips in gain move stop loss at +20 pips or at entry price.
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 Trade Assistant Swing Trading Strategy?
- Download Forex Trade Assistant 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 Trade Assistant 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”.
