Forex Strategy «Fata Morgana»

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Forex Strategy «Fata Morgana» is based on signals from 3 Forex indicators: Price Channel — shows the trend in the market and the optimal level of stop-loss, PriceShanel_stop_v1 — for signals to enter the market and indicates the level of permutations stop-loss and i_Ttrend — Filter signals enter the market. Forex strategy works on any time-frames and all currency pairs, but it is better to trade in ranges of H1 and H4, as they serve fewer false signals.

All the necessary indicators forex with a template for Metatrader 4 can be downloaded at the end of this strategy forex.

Enter into transactions for the purchase of forex strategy «Fata Morgana» should, if:
1) You receive the basic signal to buy — large green dot indicator PriceShanel_stop_v1.
2) indicator i_Trend — Green line crosses its red line from the bottom up.

Forex Strategy "Fata Morgana"

Set stop-loss - there are 2 options:

  • Set for Red line indicator Price Channel — the highest level of stop-loss (recommended)
  • Set in the green dots indicator PriceChannel_stop_v1 — and move it as you go prices.

Fixing profit occurs either by order of the positive stop-loss, either by following the appearance of a lilac point (reverse signal).

Enter into transactions for sale for forex strategy «Fata Morgana» should, if:

Trading Strategy Forex "Fata Morgana”

1) You receive the basic signal for Sale — Large Lilac point indicator PriceShanel_stop_v1.
2) indicator i_Trend — The red line crosses its green line from the bottom up.

Set stop-loss — there are 2 options:

  • Set a blue line indicator Price Channel — the highest level of stop-loss (recommended)
  • Set in lilac point indicator PriceChannel_stop_v1 — and move it as you go prices.

Download forex indicator for Metatrader 4 — Price Channel.mq4
Download forex indicator for Metatrader 4 — PriceChannel_Stop_v1.mq4
Download forex indicator for Metatrader 4 — i_Trend.mq4
Download a template for MT4 — fata_morgana.tpl

Download all the indicators and template Metatrader 4 in archive — fata_morgana.zip

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Comments (2) on "Forex Strategy «Fata Morgana»"

  1. Sammy:

    Hi
    Congrats for your posts, can i put it is in my brazilian blog? With appropried reference of course.
    Regards
    Sammy

  2. admin:

    Sammy, yes, of course. Please enter only link to my site

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