Forex Strategy «Strength»
- Traded currency pairs: EURUSD
- Timeframe: M5
- Used forex indicators: EMA (5) and MACD
Volume of transaction: it depends on the size of the trading account forex trading, but not more than 1% risk for each concluded transaction.
Algorithm forex strategy «Power»:
This forex strategy is able to bring a good profit, if you use it correctly. Under a good profit, I mean the fact that you can make almost every day, even a bit. I trade this forex strategy only on EUR / USD.
Enter into transactions can be in any trading session, although I trade only in Asian and European session.
The indicators used in forex trading forex strategy «Power»:
- Indicator Stochastic: 5,3,3
- EMA (exponential moving average): 5 to apply to the closure of
- EMA (exponential moving average): 5 to apply for opening
- Indicator MACD: 12, 26, 1
Remember:
According to this strategy Forex — Do not trade during the news! No need to risk more than 1% of the deposit on each transaction. Teyk-profit depends on the situation in the market, I often close a trading position, if I see topping signals or patterns, or notice the intersection of the 2 moving averages. Trading signals must necessarily be confirmed and sign the deal only after the close of a candle or a bar.
Signal at the entrance to the market to buy:
a) As soon as the stochastic crosses level 20 and not yet in the overbought area. b) The MACD rose above the previous bar. c) Signal candle or a bar closes above the previous one. g) 5-I moving average crosses to the closure of 5-th moving average of the opening.
Stop-loss orders should be placed below the previous candle, or at least 20 points. Closing a position to produce one moment as soon as we are seeing the reverse cross.
Signal at the entrance to the market for sale:
a) As soon as the stochastic crosses level 80 and not in oversold region. b) The MACD closes lower than the previous bar. c) Signal candle or bar closes below the previous one. g) 5-I moving average crosses to the closure of 5-th moving average of the opening.
Stop-loss orders should be placed above the previous candle, or at least 20 points. \Closing a position is based on price behavior.
On request, this forex strategy can use a «Trailing Stop».
That’s the whole forex strategy — «The Power»!
Some explanations to the following schedule:
2 Conclusion of the deal — a gain 136 points. First the deal was closed after the reversal pattern «evening star», and immediately afterwards was obtained reversal signal. 2-I deal was closed without a reversal trading signal and immediately thereafter began the consolidation of market prices.
