Forex Trade Zones Stochastic Trading Strategy
Forex Trade Zones Stochastic Trading Strategy:
Trading Zone with Stochastic Trading System is based on Wave arrows trading indicator. This is a zig zag indicator. Repaint, but there are Stochastic and Trading Zone indicator that not repaint.
Time Frame 30 min;
Currency pairs: any.
Intraday system
Forex Indicator
Wave Arrows;
Pivot Lines,
Stochastic Oscillator (14, 3,3),
Trading Zone.
Rules for Trading Zone with Stochastic Trading System
Buy
When appears arrws support of Wave Arrows indicator wait green bars of trading Zone indicator and that the stochastic cross upward.
Sell
When appears arrws resistence of Wave Arrows indicator wait red bars of trading Zone indicator and that the stochastic cross upward.
Exit position
Profit target 20-28 pips depends by Currency pairs or take profit at the pivot points levels.
Initial stop 25 pips.
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 Zones Stochastic Trading Strategy?
- Download Forex Forex Trade Zones Stochastic 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 Zones Stochastic 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”.
