Trending trading strategy Projections Future Forex System
Trending trading strategy Projections Future Forex System - it is quite an interesting trading system based on signals ZigZag indicatorThe filtered on several timeframes in combination with predictive indicators.
In addition to normal trading, the Projections Future Forex System strategy can be used to trade binary options.
Input parameters
- Currency pairs: any, metals, indices, cryptocurrencies
- Timeframe: M5 and older
- Bidding time: any
- Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per transaction
Used indicators
- Simple horizontal grid
- Heiken Aschi
- 3 level ZZ semafor (5, 13, 34, 1,3, 8,5,21,12, 110,110,110)
- Ultimate Arrows (Zig Zag 80, 15, 10)
- Volatility alarm.
- Triangular Centered Asymmetric Band (50, 6, 2.61) - optional, used as a filter
- Bezier curve (21)
- MACMA arrow indicator
- Future predictor (14, 34)
- Future MACD
Setting up the price chart
- Unpack the archive
- Copy the template into the templates folder
- Copy the indicators to the folder MQL4 -> indicators
- Restarting the terminal
- Open the chart of the desired currency pair
- Install a template named projections future forex system
The schedule should look like this:
Signals indicating the opening of a long position
- a black arrow up in a yellow square appeared;
- a white arrow upwards appeared;
- the candle closed above the Bezier curve indicator line;
- The yellow line of the Future predictor indicator has crossed the white line from bottom to top;
- The configuration of the Future MACD indicator corresponds to buying.
Signals indicating the opening of a short position
- a black down arrow appeared in the yellow box;
- a white down arrow appeared;
- the candle closed below the Bezier curve indicator line;
- The yellow line of the Future predictor indicator has crossed the white line from top to bottom;
- The configuration of the Future MACD indicator corresponds to a sale.
Setting Stop Loss and Take Profit Orders
- stop loss is set above/below the previous local maximum/minimum;
- Take Profit is set near one of the levels of the Simple horizontal grid indicator.
Recommendations of the author of the strategy
- When using the Projections Future Forex System strategy in trend trading, trades should only be opened in the direction of the higher trend, which is determined on the H4 and D1 timeframes.
- When trading binary options, the expiration time of the option is selected depending on the timeframe used and is 3-5 candles.
- For the most demanding traders, the author of the strategy suggests using the Triangular Centered Asymmetric Band indicator. Its lines will be dynamic support and resistance levels, and trades are opened on a rebound from them.
Before using Projections Future Forex System trend trading strategy on a real deposit be sure to test it on demo account.
Download template and indicators of the Projections Future Forex System strategy
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