Breakthrough strategies
-
Breakout trading strategy EURUSD Break is designed to trade the currency pair EUR/USD with additional signal filtering by moving average. Input parameters Currency pairs: EUR/USD. Time frame: H1. 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 per trade. Setting up the price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to MQL4 -> indicators. Open the chart of the desired currency pair. Install the template named EURUSD_Break. The chart should look like this: Signals indicating the opening of a long position (Buy) Prerequisite: The sixth hour candle of the current day is above the moving average. Variant 1. If.
Читать далее » -
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)...
Читать далее » -
In the breakout trading strategy Kalbo Breakout is working on the basis of the signal bar during the London session in the direction of the trend. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Time frame: H Trading time: London. 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 Kalbo Breakout. The chart should look like this: Preliminary analysis of currency pairs Firstly, select the appropriate currency pairs....
Читать далее » -
Trend Line trading strategy is based on the slope line breakdown signal in combination with additional filters. The author of the strategy is the user of Forex Factory site with the nickname our4link. The discussion of Trend Line trading strategy can be seen here. Input parameters Currency pairs: any. Time frame: Any. 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. Installing the indicators and the system template Unpack the archive with the 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 required currency pair. Install the template named Trend Line Strategy....
Читать далее »