Forex Strategy Daniella

Daniella Forex strategy is based on the fact that after the compression of volatility in the forex market, this volatility is always subsequently expanded, trade is conducted on day intervals (D1), the currency pair — any

On the schedule for the chosen currency pair should be placed 2 lights Forex:

• indicator ATR (2) — is present in any terminal MT4.
• indicator i-Daniella.mq4 (arrow indicates the day, above or below which you want to put a pending order)

If you believe that your deposit in forex is not so great, that trading day intervals — I recommend a cent to open an account with Forex.

Conclude a deal to buy:

If the present rate indicator ATR (2) more than its previous value for yesterday’s trading day, while yesterday’s value of the indicator ATR (2) less than two days ago with his own importance. A closure segodnyaschney candles more than its opening.

If these conditions are met, the need to place a pending order to buy (Buy Stop) above the current maximum price + value of spread of the selected currency pair. For simplicity, these days (above which you want to place an order) will be highlighted on the graph the blue pointer.

Conclude a deal to sell:

If the present rate indicator ATR (2) more than its previous value for yesterday’s trading day, while yesterday’s value of the indicator ATR (2) less than two days ago with his own importance. A closure segodnyaschney candles less than its opening.

If these conditions are met, it is necessary to place a pending order for sale (Sell Stop) below the current minimum price + value spread selected currency pair. For simplicity, these days (below which you want to place an order) will be highlighted on the chart red arrows.

A safety stop-loss places a minimum (for transactions for the purchase) or maximum (for transactions on sale) of today’s candles.

If the pending orders before the start of the next day is not active — they should be removed!

As soon as the profit on the transaction is 50 pips, it is necessary to move the stop loss level in «zero» 10 points. Then — on request: either use a trailing stop at a distance of at least 40 — 50 points (depending on the chosen currency pair), or close a deal on stop-loss (positive, well or negative).

The same transaction can close on the opposite signal (several days) or at the end of the trading day.