Simple indicators Forex strategy

Simple indicators forex strategy works well on the range of M15, the currency pair can be any;

On the schedule for the chosen currency pair, you must install the indicators for forex trading terminal Metatrader 4:

1) Indicator — Heikin ashi
2) Exponential Moving Average — EMA (5), close — the color blue
2) Exponential Moving Average — EMA (8), open — the color green
3) Indicator — Dinapoli stoch (8,3,3)
4) Indicator — MomentumVT (10)
5) Indicator — QQE Alert v3.

All the necessary indicators, together with a template for MT4 can be downloaded at the end of this strategy forex.

Entering the market for BUY - if all the following conditions:

1) Exponential Moving Average EMA (5) and EMA (8) crossed up.
2) Indicator Dinapoli stochastic just crossed paths up (blue line crossed the red bottom-up)
3) Indicator MomentumVT (10) is above its zero level.
4) Indicator QQE arrow drawn up (possibly even a few bars earlier).
5) bar is painted in white.

Entering the market needs to produce the next candle after all conditions to the transaction.

 Simple indicators Forex strategy

Closure of a trading position — as the only indicator QQE alert and moving averages EMA (5) and EMA (8) are fed back trading signals. But since they rarely ring the trading bell at the same time, then close the deal, only in cases where 2, these signals were received.

For SELL — opposite conditions.

A safety stop-loss should be set by local minima (for sale) or maximum (for sale).

Should ignore signals before exiting the important news.

Download forex indicator for Metatrader 4 — Heikin ashi.ex4
Download forex indicator for Metatrader 4 — Dinapoli stoch.ex4
Download forex indicator for Metatrader 4 — MomentumVT.ex4
Download forex indicator for Metatrader 4 — QQE Alert v3.rar
Download a template for Metatrader 4 — indicators_system.tpl

  • Share/Bookmark

If you liked this Forex strategy - You can subscribe to receive new materials on the site Strategy4forex.com by RSS or by e-mail:

Comments (2) on "Simple indicators Forex strategy"

  1. great post as usual

  2. reza:

    Hi
    Thanks for this strategy.
    It made me happy when i could get more than 40 pips daily.
    I use that every day, Im sure that i can save more money by it.
    Best regards

Post a Comment