Forex Turtle Channel Swing Trading Strategy
Forex Turtle Channel Swing Trading Strategy:
Time Frame 4H or daily.
Currency pairs any.
Metatrader Indicators:
Turtle trading Channel (16, 10);
fisher (130, 0,67, 05);
HAMA (3,29,3).
Entry:
Go short:
Turtle trading Channel agree with Fisher redbar so as HAMA is at sell direction.
Go Long:
Turtle trading Channel agree with Fisher greenbar so as HAMA is at long direction.
Talking about stoploss it is hard to tell. It depends on your money management rules. You could use previous high or low for placing stoploss. Also a trailing stop is a good choice.
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 Turtle Channel Swing Trading Strategy?
- Download Forex Turtle Channel 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 Turtle Channel 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”.
