Forex Strategy Pabloski

Alpari

Forex Strategy Pabloski — a trading system that will bring you a regular income on forex, it has been tested only on the currency pair GBPJPY (but it can also work on other currency pairs).

The most appropriate time slots for it was a 4-hour (H4), it was on it previously only possible to find a trend. Basically all forex traders know that the trend of cross-rate GBPJPY are usually strong and durable, but also know that basically it is difficult sometimes to find the beginning of this trend and also to identify the right time to exit the market.

Stop-loss and take-profit in the forex strategy is «dynamic», because they vary depending on the evidence indicators forex.

In the forex strategy Pabloski used 2 indicators for forex trading platform MetaTrader 4: ATR Channels and StepChoppyBars v1.1 (for the latter are required to install the same indicators StepMA v7 and StepRSI v5.2).

Forex Indicator StepChoppyBars — an excellent tool (the signals following):

The upward trend — Blue.

Rolling back the upward trend — Protective and blue.

Zybchaty upward trend — bright blue.

Be prepared for rapid change in the upward trend — navy blue.

Downtrend — Red.

Rollback of a downtrend — Tomato.

Zybchaty downtrend — Orange.

Be prepared for rapid change in the downtrend — Yellow.

Conclusion of contracts for the purchase of forex strategy Pabloski.

Open 3 trading position to buy in equal installments, once the candle closes between the green center line of the ATR indicator and the indicator line ATR-colored water. In this case, the candle on the indicator Step Choppy Bars should be blue, and the previous close of the candle should be blue or yellow. As a safety stop-loss will be using a candle that has closed under the yellow line indicator of ATR.

This safety stop-loss order will apply to all open 3-trade positions. Profit target for the 1 st trading position is a candle that closed above the «water» indicator line ATR. As soon as we fix the gain on trading positions, a safety stop-loss order for the remaining two open zdelok will need to move to the breakeven point. Take-profit for the second open trading positions — is a candle that closed above the protective blue indicator line ATR. After closing the profit for the second trading position, a safety stop-loss order on the sole remaining trading positions need to move to the closing of the candles under the «water» indicator line ATR. If the trend continues and the price of «respect» blue line indicator ATR, stop-loss on the last open trading positions will be closing candle under a protective blue indicator line ATR. The last trading position, we will hold until such time as no work safety stop-loss order or until the candle will not change its color to the color of the sea waves, has signaled to thereby change the current trend.

Some notes: If you suddenly see that the candle is painted in red or tomato or orange, or yellow, then all of a trading position for the purchase must be closed.

Conclusion of contracts for sale of forex strategy Pabloski:

Open 3 trading positions for sale as soon as the candle closes between the green center line of the ATR indicator and the yellow line indicator forex ATR. Candle thus should be painted red, and the previous close of the candle should be either red or celadon. 1 st safety stop-loss for all three open trade positions place on the close of the candle on the «water» indicator line ATR. Take-profit for the first trading position — is the closing of the candle under the yellow line indicator of ATR. When closing came on the first trading position, a safety stop-loss order for 2 remaining trading positions should be moved to «zero»-to break even. Take profit on the 2 nd trading position — the closing of the candle under the orange line indicator of ATR. When closing came on the 2 nd trading position, stop-loss for the last short position becomes yellow indicator line ATR (candle should then close above that line). If the trend continues its motion and the price touches the red line indicator of ATR, stop-loss on the last open trading position now is the closure of the candles above the orange line indicator of ATR. Last trading position remains open until the work safety stop-loss or a candle will not change its color to yellow. Please also note that if the candle becomes blue protective blue or bright blue or the same color of sea water, then all trading positions on the sale should be closed.

Should pay attention: If you see an opportunity to open a trading position for sale, but the candle while locked between the yellow lines and orange (instead of having to produce a closure between the green and yellow lines), very close to the yellow line, you can:

  • conclude the three trading positions, using for the 2 nd and 3 rd trade position traditional safety stop-loss and take-profit and for the 1 st trade position take-profit and safety stop-loss used for the 2 nd trading position.
  • or else to open two trade positions, while ignoring the first, take-profit and stop-loss in this case for both these positions are traditional.

As we proceed, if a similar situation is created during the formation of conditions for trading positions on a purchase.

When you open a trading position, be sure to wait for the closing of the candles.

You can open a trading position instead of the required three, moving with the safety stop-loss, respectively, the above rules.

The undoubted advantage of this forex strategy is the fact that this gives it a very accurate trading signals, as if suddenly the signal was false, you can always close a trading position should be rapidly without large losses. Also, if the trend is not strong enough, then with a good degree of probability can be predicted that at least the first open trading position we still manage to get the desired profit. This trading system needs attention, but not much — you need only look at the price chart at least once every 4 hours to see the closure of H4 candle.

See the example in Figure:

Signal for the deal to buy:

Forex Strategy  Pabloski

Figure 1

Signal for the deal to sell:

Forex Strategy-Pabloski

Figure 2

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