Forex X Super Trend Swing Trading Strategy
Forex X Super Trend Swing Trading Strategy:
Xsupertrend MTF Trading system is an forex strategy trend following multitimeframe it’s based on the Xsupertrend indicators.
Time Frame H1.
XSupertrend Indicators metatrader 4:
Xsupertrend MTF, (time Frame 240 min),
Xsupertrend tape MTF (time Frame 240 min).
Moving averge smoothed (4 period).
Rules XSupertrend MTF Trading System
Xsupertrend, Xsupertrend Alert, Xsupertrend MTF: green line;
Xsupertrend Candles: green,
Xsupertrend tape, and Xsupertrend tape MTF: green bars.
When these conditions agree: go long when the price, retraces on the moving average smoothed (magenta line).
Xsupertrend, Xsupertrend Alert, Xsupertrend MTF: red line;
Xsupertrend Candles: red,
Xsupertrend tape, and Xsupertrend tape MTF: red bars.
When these conditions agree: go short when the price, retraces on the moving average smoothed (magenta line).
Exit position options:
Fast profit target;
On the levels of the Fibo Pivot indicator (recommended option);
When the signal of the XSupertrend indicator reverses.
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 X Super Trend Swing Trading Strategy?
- Download Forex X Super Trend 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 X Super Trend 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”.