Forex Strategy «Nahuatl» is recommended for trading at 4-hourly charts,
- currency pair GBPUSD and GBPJPY;
to trade, we will need the following indicators forex:
- NonLagMa_v4,
- SHI_SilverTrendSig,
- FX Sniper’s Ergodic_CCI_Trigger (download them with the template can be at the end of this strategy, forex) .
Entering the market at BUY with after all the conditions for a transaction at the opening of the following candles:
1) the red dot under the price.
2) indicator ergodic CCI crosses its signal line up (the blue line crosses the red line from bottom to top)
3) color NonLagMa changed to yellow.
The deal to sell:
1) a blue dot under the price
2) indicator ergodic CCI crosses its signal line downwards (red line crosses the blue line its bottom)
3) color NonLagMa changed to yellow.
Exit the transaction is carried out by changing the color point on the opposite.
If desired, the strategy can be used trailing stop.
Stop-loss is necessary to establish a local minimum or above the local maximum (in zavisimoti the direction of trade). But if this value is very high, then you may as well stop-loss to use the maximum or minimum of the previous candle, although the 1-st way to be more correct.
Note: For strong signals appear if the FX Sniper’s Ergodic_CCI_Trigge located below the level of 300 or above 300 (but such signals are quite rare).
- Download forex indicator for Metatrader 4 — FX_Sniper’s_Ergodic_CCI_Trigger. Mq4
- Download forex indicator for Metatrader 4 — NonLagMA_v4.mq4
- Download forex indicator for Metatrader 4 — SHI_SilverTrendSig.mq4
- Download a template for Metatrader 4 — n_shablon.tpl