Forex Strategy “Fata Morgana”

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.

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:

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.