Trading strategies
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The Price action easy trading strategy attempts to "catch" the local momentum by using Price action patterns and trend indicators. Input parameters Currency pairs: any. Time frame: M15 and higher. Trading time: Any. Risk management: After calculation of a stop-loss choose such volume of a lot, that the risk was no more than 2-5% of the deposit on one transaction. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the folder MQL4 -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named Price action easy. The chart should look like this: Signals indicating the opening of a long position (buy) The green candle has closed above the horizontal line. Below the chart.
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A simple TDI System trading strategy based on TDI and Stochastic indicators. It is possible to work by two methods. According to the author of the strategy, it has minimal trading risks. TDI System strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Time frame: any. Trading time: Any. Risk management: After calculation of stop-loss, select such a volume of lot, that the risk was not more than 2-5% of deposit on one trade. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the MQL4 folder -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named TDI System. The chart should look like this Signals.
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The Symphonie/Cobra Hybrid System trend trading strategy is based on price chart signals, not indicators, which are mostly lagging. In particular, the moving averages are only used to identify the trend, but not to open a position at the time of their intersection. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Time frame: H1. Trading time: Any. Risk management: After calculation of stop-loss, choose such volume of a lot, that the risk was no more than 2-5% of the deposit on one transaction. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the folder MQL4 -> indicators. Restart the terminal. Open the chart of the desired ...
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A very simple Support/Resistance trading strategy based on one indicator, which can be used as a part of any other more complicated system. Support/Resistance trading strategy is discussed on forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: any. Trading time: Any. Risk management: After calculation of stop-loss, select such a volume of lot, that the risk was not more than 2-5% of deposit on one trade. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the MQL4 folder -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named SupportResistance. The chart should look like this: the signals indicating the opening of a long position (buy)...
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Simple Renko trading strategy is based on Renko charts combined with Stochastic and Moving Average. Simple Renko trading strategy is discussed on forexfactory.com in this thread. Input parameters Currency pairs: any. Time frame: Renko charts are used. Trading time: Any. Risk management: after calculation of stop-loss, choose such a volume of lot, that the risk was not more than 2-5% of deposit on one trade. Installing the Expert Advisor and the system template Unpack the archive with templates and indicators. Copy the Expert Advisor to the folder MQL4 -> experts. Copy the template into the templates folder. Restart the terminal. Open the chart of the required currency pair. Switch to the time frame M1. Activate the "Auto-Trading" mode. Attach RenkoLiveChart_v3.2...
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The Bladerunner trend trading strategy uses only one indicator - exponential moving average with a period of 20. The rest of the confirming signals are looked for on the price chart: candlestick patterns, circular levels, pivot points and support/resistance levels. You can also use other indicators if you wish, if you need more information. Input parameters Currency pairs: any. Time frame: any (the TF M5 will be considered in this article). Trading time: Any. Risk management: After calculation of stop-loss choose such a volume of lot, that the risk was not more than 2-5% of deposit per trade. Setting up the price chart Unpack the archive; Copy the template to the templates folder; Open the chart of the required currency pair; Install the template with the name Bladerunner....
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The Channel Buy Sell trading strategy is based on moving average envelopes and Magic Grail indicator. Input parameters Currency pairs: any. Time frame: M15 and higher. Trading hours: London, New York. Risk management: after calculation of stop-loss, select such a volume of lot, that the risk should not exceed 2-5% of deposit on one trade. Used indicators EMA (7, close, shift -1); EMA (6, open, shift -1); Magic grail 1.6 (main period 10, ADX 7); Envelopes ma (period 233, ma shift 3, deviation 1.44). Price chart settings Unpack the archive. Copy the template to the templates folder. Copy the indicators to the folder MQL4 -> indicators. Restart the terminal. Open the chart of the required currency pair.
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The FDM Power trading strategy is a trend-following system, which is also suitable for swing trading. The work is based on moving averages with filtering by two oscillators. Input parameters Currency pairs: any. Time frame: M15 and higher. Trading hours: London, New York. Risk management: after calculation of stop-loss choose the volume of lot, so that the risk was not more than 2-5% of deposit per trade. Used indicators Moving average simple (5, open); Moving average simple (5, close); Moving average smoothed (12, close); Pivot alert; Good MACD (5, 26, 9); RSI filter three color (buy = green, flat = yellow, sell = red). Customize the price chart Unpack the archive. The pattern...
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Quantum super channel trading strategy is based on the principle of trading in the channel with the use of oscillator signals to confirm signals. It is optimal to use the strategy for intraday trading on small timeframes M5 and M15. It is recommended to choose currency pairs with a smoother motion, without sharp jumps. Input parameters Currency pairs: any. Time frame: M5, M15. Trading hours: London, New York. Risk management: after calculation of a stop-loss, select such a volume of the lot, that the risk was no more than 2-5% of the deposit on one transaction. Used indicators Quantum super channel; Ema Neural; Super Trader trend; Stochastic oscillator (11, 3, 3); MTF Stochastic (11, 3, 3). Customize the price chart Unpack the archive. Copy the template...
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The essence of the WeeklyDaily trading strategy is to search for reversal candlestick patterns in certain price zones. The price zones are searched on the basis of the weekly timeframe. Reversal patterns are looked for on the daily or, at most, on the four-hour charts (in case there is no signal on the daily timeframe), when the price has entered a previously calculated zone. The trading strategy is discussed at forexfactory.com in this thread. The principle of finding the key price zones In the beginning, we mark the key support/resistance levels on the weekly candlesticks with a long body. The long body is a relative concept, but it should be at least bigger than the bodies of the previous two candlesticks (the bigger the better). The calculation of the body takes into account only...
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Market: Forex; Chart: M15; Currency pair: EUR\USD; Trading indicators: CCI(14), RSI(14), Stochastic(14,3,3), ZigZag; protective orders: StopLoss. This trading strategy was used on the 15 minute chart for the EUR/USD pair. It is quite possible that it can be used for other timeframes, as well as for other currency pairs. The trading strategy is based on exiting overbought/oversold zones. Indicators CCI, RSI, Stochastic complement each other, which increases the probability of a correct and profitable entry. Customizing the indicators: - CCI adding signal levels -100; 0; +100 - RSI adding signal levels 35; 65 - Stochostic adding signal levels 80 and 20, while adding the signal line, it will be...
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Scalping trading strategy "Trend Hunt" is a system with mutual signal confirmation from several indicators. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: GBPJPY. Time frame: M5. Trading time: London, New York Risk management: After calculation of stop-loss, select such a volume of a lot, that the risk was no more than 2-5% of the deposit on one transaction. Setting up the price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the MQL4 folder -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named Trend Hunt. The chart should look like this: The signals indicating the opening of a long position (Buy) The blue line of the Vortex indicator...
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Intraday Pivots Strategy Trading System using pivot points. Input parameters Currency pairs: any. Time frame: M5, M15, M30, H Trading hours: London, New York. Risk management: after stop-loss calculation choose the lot volume, so that the risk should not exceed 2-5% of the deposit per trade. Indicators used RSIOMA 2 (5,1,0,4,1) DB pivots strategy PB Direction NonLagMa V.7.1 35 (filter 0.5) Indicators and template installation Unpack the archive with templates and indicators. Copy the indicators to the folder MQL4 -> indicators. Copy the templates into the templates folder. Restart the terminal. Open the chart of the currency pair we want. Add a template named db pivots strategy. The chart shall...
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The Without Volatility Trading System is a simple system, where entries and exits are made in areas of market oversaturation, which are determined with the help of the ADX indicator. When the market gets to the oversaturation zone, extremum is looked for and a position is opened. Input parameters Currency pairs: any. Time frame: M15 and higher. Trading hours: London, New York. Risk management: After calculation of stop-loss, select such a volume of lot, that the risk was not more than 2-5% of the deposit on one transaction. Installing the Strategy Template Unpack the archive with the templates and indicators. Copy the template to the templates folder. Open the chart of the desired currency pair. Install the template named Without Volatility. The chart should look like this: Signals, pointing...
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Bollinger Band Squeeze Reversal System trading strategy is a vivid example of a channel trading strategy, the main idea of which is to trade on a rebound from one of the Bollinger Band edges. Input parameters Currency pairs: any. Time frame: M30 and higher. Trading time: Any. Risk management: after calculation of stop-loss, select such a volume of lot, that the risk was not more than 2-5% of deposit on one trade. Used indicators Bollinger Bands (120, 1); Bollinger Bands (120, 2); Bollinger Bands (120, 3); Bollinger Band Squeeze; Exponential Moving Average (4); Exponential Moving Average (8). Indicators and Strategy Template Installation Unpack the archive with templates and indicators Copy the indicators to the folder MQL4 ->...
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Trend action with fractal support /resistance trading strategy is a trend following system with elements of Price Action tactics, which can be used for scalping on the market as well as for binary options trading. We will give you the rules of the strategy for binary options. For scalping, the rules will be almost the same. Input parameters Currency pairs: any. Time Frame: M. Length of Option: 3 candles. Trading hours: London, New York. Risk management: choose the option volume so the risk is no more than 2-5% of the deposit per trade. Used indicators Fractal Support and resistance Pivot and psycolevel MA in color (100, 3) Non lag MA (35), Support and resistance Clive...
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The trend trading strategy Bollinger Band Overbought/Oversold is designed to trade on a rebound from one of the Bollinger Band boundaries with confirmation of the signal by Stochastics. Input parameters Currency pairs: any. Time frame: M30 and higher. Trading time: Any. Risk management: after calculation of stop-loss, choose such a volume of lot, that the risk was not more than 2-5% of deposit on one trade. Used indicators Bollinger Bands (20 periods, 2 standard deviation); Moving average smoothed (34); Stochastic indicator (5,3,3) System template installation Unpack the archive with templates and indicators. Copy the template into the templates folder. Open the chart of the required currency pair. Install the template named Bollinger Bands Overbought Oversold. The chart should look like this
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Trend trading strategy TMS Momentum is based on the Traders Dynamic Index indicator and a fan of moving averages. The trading strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: any. Trading time: Any. Risk management: After calculation of stop-loss, select such a volume of lot, that the risk was not more than 2-5% of deposit on one trade. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the MQL4 folder -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named TMS. The chart should look like this: signals indicating the opening of a long position (Buy) The trend is up. The trend is determined by...
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Trading strategy LV-HP Scalping System is designed for scalping in periods when there are no sharp movements, and the release of important news is not expected (that is, during the flat). The work is done on the rebound from the border of the channel in the direction of the trend of the higher timeframe. The LV-HP Scalping System trading strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: currency pairs with low spread. Timeframe: M Trading time: after London session close. Risk management: After calculation of stop-loss, choose the volume of lot, so that the risk is not more than 1% of deposit per trade. Setting up the price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators into the...
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The Strength Separation Strategy is based on evaluating the strength and weakness of currency pairs (or how the strength of one currency changes in relation to its neighbor). When a divergence occurs, opportunities to make trades arise. The system is presented in two versions: short-term and medium-term. The discussion of Strength Separation Strategy trading strategy is held at forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: short-term variant: (H1, M15) - senior screens, M5 - working screen; long-term variant: H4 - senior screen, H1 - working screen. Trading time: any. Risk management: after the stop-loss calculation choose the volume of lot, so that the risk was not more than 2-5% of your deposit on one...
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