Forex Trend Pointer Swing Trading Strategy
Forex Trend Pointer Swing Trading Strategy;
Trend Squezeer is an trend following trading system.
Time Frame H1 o H4.
Currency pairs:any.
Rules Trend Squezeer :
Entry the BUY (long) position is fulfilled under the following conditions:
1) Green color of running line on price chart; 2) color of the candle on the main chart is dark blue; 3) green color of the last point formed at the signal time or several bars from it; 4) on the main additional diagram a combo indicator points the following indexes (monitored bottom-up): a) a green criss-cross inside the quadrate; b) a green quadrate; c) a green criss-cross; d) a green indicator with up direction at the signal time or a bit earlier; 5) on the second additional diagram a white line has crossed a red one from the bottom upwards or it is already above it; 6) a current green column on the third diagram.
Closing of BUY position: at the reverse signal, stop-loss or take-profit.
Entry Sell position (short) is fulfilled under the following conditions:
1) a red running line on the price chart; 2)an orange candle on the main chart; 3) a red color of the last point, formed at the signal time or several bars from it; 4) on the main additional diagram a combo indicator points the following indexes (monitored bottom-up): a) a red criss-cross inside the quadrate; b) a red quadrate; c) a red criss-cross; d) a red indicator with up direction at the signal time or a bit earlier; 5) on the second additional diagram a white line has crossed a red one from the bottom upwards or it is already above it; 6) a current red column on the third diagram.
Closing of SELL position: at the reverse signal, stop-loss or take-profit;
Recommended SL from 70 pips, TP from 40 pips, trailing stop from 15 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 Trend Pointer Swing Trading Strategy?
- Download Forex Trend Pointer 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 Trend Pointer 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”.
