Forex Triple Method Swing Trading Strategy
Forex Triple Method Swing Trading Strategy:
Setup
A 4 Hour Chart of desired currency pair.
Exponential Moving Average with period 5.
Simple Moving Average with period 10.
MA Crossover Alert Indicator with settings 1, 5,0,10.
Awesome Oscillator and Accelerator oscillator.
Support and resistance indicator or Fractals.
MTF stochastics with settings 10, 3, 3 with daily Timeframe i.e. 1440.
Vegas1hr with risk model 4(For other pairs set risk model according to their daily ranges)
MACD crossover indicator with 8,17,9 settings.
Double check all of your indicator settings.Your Chart will look like this:-
Entry Rules:- There are mainly two types of signals.
1. Main Signals (I call them Pehla Signals).
2. And re-entry Signals. These are also of two types namely Dosra and Tesra Signals.(These have better Win% than main signals but are less in number)
Pehla Signal:-
Buy at the opening of a candle when 5ema crosses above 10sma and both the oscillators (AO & AC) are showing 2 consecutive blue bars. Same logic for a short or sell entry. These signals are most frequent and easy to identify and trade.
1. In this example There were two consecutive yellow bars on both oscillators EMA crossed SMA, MACD and stochs are in favor (These are extra confirmations) so we enter short.
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 Triple Method Swing Trading Strategy?
- Download Forex Triple Method 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 Triple Method 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”.
