Forex Trend Spikes Swing Trading Strategy
Forex Trend Spikes Swing Trading Strategy:
Spike trend Trading
Indicators
12 moving average smoothed open,
14 moving average smoothed closed
Two set of RSI
First set
2 RSI’s
An 90 period open,
And a 80period closed
No set min or max
Second set
2 RSI’s
An 90 period closed,
And a 60 period open
No set min or max
Williams’ Percet Range (28)
The moving average are used to verify the direction of the trend.
Williams’ Percet Range (28) define the momentum for entry.
Buy only when William’s percet range is :
above or inside 80;
Sell only when William’s percet range is :
Below or inside 80;
Buy
-
1)14 MA>18MA;
2)In first se RSI 80>RSI 90;
2)In second se RSI 80>RSI 90;3
3)William’s percet range is above or inside 80.
For Sell opposite condition
Exit Position:
Stoploss for BUY Signals, 10-15 pips BELOW entry Bar
Stoploss for SELL Signal, 10-15 pips ABOVE entry Bar.
Profit Target use support/resistance area
levels or predetermine profit target that depends by time frame and currency pairs.
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 Spikes Swing Trading Strategy?
- Download Forex Trend Spikes 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 Spikes 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”.
