Trending strategies
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The trend trading strategy Tarwada is based on standard indicators and is designed for medium-term trading. There are two options for opening positions: aggressive and conservative. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: H1, H4. Trading time: Any. Risk management: after calculation of a stop-loss, select such volume of a lot, that the risk was no more than 2-5% of the deposit on one transaction. Indicators used RSI (21) Smoothed Moving Average (5) added to the window to the RSI indicator MACD with default settings Setting up the price chart Unpack the archive. Copy the template to the templates folder. Open the chart of the desired currency pair. Install the template named Tarwada...
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The RenkoDMIMartin trading strategy uses a series of trades implemented using the Martingale method. With each losing position, the size of the next position is doubled and so on until the next trade closes with a profit. The trading algorithm is based on the Renko chart and Wilder's DMI indicator. You can join the discussion of the strategy on forexfactory.com in this thread. Input parameters Currency pairs: currency pairs with low spread. Timeframe: Renko charts are used. Trading hours: London, New York. Risk management: Since the strategy uses the Martingale algorithm, after calculating the stop loss, choose such a volume of the lot that the risk in the first trade should not exceed 0.5% of the deposit per trade. Setting...
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Trend trading strategy WPR Strength is developed by the user of the forum forexsystemsru.com with the nickname Crossluck and is based on the author's indicators, which, according to the author, are very effective. Input parameters Currency pairs: EUR/USD, GBP/USD, USD/JPY, and USD/CHF are recommended. Timeframe: H1, H4. Trading hours: European trading session and American trading session from 6 to 22 GMT. Risk management: After calculation of stop-loss, choose such a volume of lot, that the risk should not exceed 2-5% of deposit per 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 ...
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The EsikeA++ trend trading strategy is based on the principle of two screens and has quite simple rules. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: EUR/USD and GBP/USD are considered in this article, but you can trade other currency pairs as well. Timeframe: the article covers the H1/M5 timeframe pair, but any other TF combination (e.g. H1/M15) is possible. Trading hours: first three hours after the opening of the London or New York Stock Exchange. Risk management: After calculating the stop-loss, select such a volume of the lot that the risk should not exceed 2% of the deposit per trade. Setting up the price chart Unpack the archive; Copy the templates to the templates folder; Copy the indicators to the...
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This trading strategy is based on the "Three Wise Men" strategy presented in the second edition of "Trading Chaos" by Bill Williams. The 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, choose such a volume of a lot, so that the risk was not more than 2-5% of the deposit on one transaction. Installing the Strategy Template Unpack the archive with the template. Copy the template into the templates folder. Open the chart of the desired currency pair. Install the template named Three Wise Men. The chart should look like this: Terms and Definitions A Bullish Divergent Bar (BUDB) is a bar with the minimum value of the candlestick.
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Multicurrency trend trading strategy based on the NonLagDot indicator involves trading a basket of 12 currencies. Multicurrency strategies are considered safer and allow to smooth out the yield curve in the long run and avoid large drawdowns. Even if some of the currencies in the basket are flat, the rest will be able to put you in the black or at least in the black. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CHF, USD/JPY, EUR/JPY, GBP/JPY, CHF/JPY, AUD/JPY, NZD/JPY, EUR/NZD. Timeframe: the article focuses on short term trading (M30), but you can adapt the strategy to any timeframe. Trading time: Any time. Risk management: choose a stop loss calculation.
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This trading strategy is based on charts consisting of Range bars, Ishimoku indicator and Bill Williams Awesome Oscillator and is used for trend trading. The trading strategy implies two ways of opening positions: aggressive and conservative. Practical description and discussion of trading by the strategy is available at forexfactory.com in this thread. Input parameters Currency pairs: any Timeframe: use charts based on Range bars Trading time: any Risk management: after calculating the stop-loss, select a volume of the lot, so that the risk was not more than 2-5% of the deposit per transaction Setting up the price chart Unpack the archive. Copy the Expert Advisor to the folder MQL4 -> experts. Copy the indicators to the folder...
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The trading strategy Trend Trading with Fibonacci & RSI is based on the principle of identifying the C wave, which, according to the classical wave analysis, is the longest in the three-wave ABC structure. You can discuss the strategy on forexfactory.com in this thread. Determination of the beginning and the end of the first impulse wave At first we must determine the beginning and the end of the first (impulse) wave A. The oscillator RSI(14) will help us with this. If the oscillator breaks through the level of 70, it means that we have begun an upward trend with a new impulse wave. If the oscillator broke through the level of 30, the situation is opposite. The downward trend has begun. An additional criterion for the end of the A wave can be the divergence. After the formation of the first impulse wave, there is a price pullback and...
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Almo Trading strategy is designed for active trading at cross-rates and is built using several indicators, which mutually confirm each other's signals. The strategy is developed by the users of forexfactory.com, you can join the discussion here. Input parameters Currency pairs: EURNZD, EURAUD, GBPJPY, GBPAUD, GBPNZD, GBPCAD. Time frame: M5, M1 Trading hours: European session (until the close of London). 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. Installing the Indicators and Strategy Template Unpack the archive with the templates and indicators. Copy the indicators to the MQL4 folder -> indicators. Copy the templates into the templates folder. Restart the terminal. Open the chart of the required currency pair. Install...
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Forex Dynamite trend trading strategy is a two-screen trading system, the essence of which is to trade from the pullback to the trend of a higher timeframe. The author of the strategy is varun76, you can join its discussion at forexfactory.com in two threads: here and here. Input parameters Currency pairs: any. Time frame: any. But the most successful system proved itself in a combination of H4 and H1 Trading time: any. Risk management: After calculation of a stop-loss, select such a volume of the lot, that the risk should not exceed 2-5% of the deposit for one trade. Used indicators Moving Averages: 34 SMA, 55 SMA, 200 EMA Stochastic - 10,3,3 Zigzag - 12,5,3 Price chart setup Unpack the...
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Another one-hundred-point trading strategy "Take 10 Pips" based on moving averages and oscillators. But the main thing for us is to make a profit, isn't it? According to the author, the strategy "Take 10 Pips" will not work for medium- and long-term trading, and is designed for traders who want to make a profit every day. Input parameters Currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, EURJPY, GBPJPY, EURAUD, GOLD. Time frame: H1. Trading time: Any. 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. Installing the Indicators and Strategy Template Unpack the archive with the templates and indicators. Copy the indicators to...
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The RenkoTMA trend trading strategy is based on a classic combination of trend indicators and oscillator: moving averages, TMA indicator and MACD oscillator and uses Renko charts. Input parameters Currency pairs: any highly volatile currency pairs. Time frame: any Renko charts are used. Trading hours: any. Risk management: After calculation of stop-loss, select such a volume of lot, that the risk should not exceed 2-5% of deposit per one trade. Installing Expert Advisor, Indicators and Strategy Template Unpack the archive with templates and indicators. Copy the Expert Advisor to the MQL4 folder -> experts. Copy the indicators into the MQL4 folder -> indicators. Copy the template into the templates folder. Restart the terminal. Open the chart of the desired currency pair. Switch to the timeframe Activate...
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Trend Trading Strategy Direction Movement Index with MA is a simple trading system based solely on the interaction of trend indicators. Input parameters Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF. Time frame: M15. Trading hours: London, New York. Risk management: after stop-loss calculation choose such a volume of a lot, that the risk should not exceed 2-5% of the deposit per one trade. Used indicators Directional Movement Index (D+ D-, 14 periods), 5 Weight moving Average (close), 11 Simple moving Average (close), Parabolic Sar (0.1 0.01) Indicators and strategy template installation Unpack the archive with the template. Copy the template into the templates folder. Open the chart of the desired currency pair. Install the template named ADX. The chart shall...
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Trend Trading Strategy MTF SuperTrend Trading System is a combined system based on the SuperTrend indicator and exponential moving average with a period of 5. Input parameters Currency pairs: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD/JPY, GBP/JPY. Time frame: M15 Trading time: 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 transaction. Used indicators Supertrend clear; MTF Supertrend (TF 60, CCI 60, ATR -1); UP Down Indicator (HL 4); Exponential moving average 5 period (median price). Installing the indicators and the system's template: Unpack the archive with the templates and indicators. Copy the indicators to the folder MQL4 -> indicators....
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The MA Candles Channel Trading strategy is based on a channel of two moving averages and uses Price Action trading tactics to determine entry points. Input parameters Currency pairs: any, recommended: EUR/USD, GBP/USD, AUD/USD, USD/CHF, GBP/JPY, EUR/JPY Time frame: M30 and higher. Trading time: any. 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 SMA (233); SMA (56); MA Candles Channel (9, 34); Stochastic histogram (14,3,3) Indicator and strategy 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....
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Ishimoku System trend trading strategy is based on the Ishimoku indicator, two Alligators and other standard indicators. It can be used on any currency pairs and timeframes. The strategy was based on a thread on one of the forums. It aroused the interest of local traders, let's see why. Input parameters: Currency pairs: Any. Time frame: M15 and more. 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. Used indicators Ichimoku Alligator Stochastic (only with the average line 50) CCI (50, 50, -50) Installing the strategy template Unpack the archive with the template. Copy the templates to the templates folder. Restart the terminal. Open the chart.
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In the 83rd issue of ForTrader.org, we continue to recall and re-examine the MACD trading strategy on the EURUSD four-hour chart. This time we are looking at the pattern D, which is called "Double Top and Base". We will still need the MACD indicator with FastEMA=5 and LowEMA=13. As well as Moving Average: three exponential moving averages with periods of 7, 21, 365 and a simple moving average with a period of 98. So, as usual, we have two trading signals at our disposal: buy and sell. The analogy will be the traditional patterns of "Double Top and Base". Let us have a look at the rules for opening trades. Trading ...
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Trading strategies and their automation In the 78th issue of ForTrader.org magazine I would like to conduct my personal research of trading strategies based on the observation of the behavior of Japanese candlesticks. Of course, we cannot say that the price behavior is always the same, but the "Head and Shoulders" pattern is many years old, and it is still actively used in the analysis of some or other exchange assets. A few words about the principles of the discovered pattern: while observing various combinations of candlesticks, I paid attention to their peculiarity to close excessively long shadows in the hour chart of the EURUSD pair. That is, as soon as the upper or lower shadow of a candle is big enough, we have a large shadow...
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QQE Smoothed trend trading strategy uses QQE and RVI indicators to determine entry points, which increases its accuracy and profitability. Input parameters Currency pairs: any. Time frame: M15 and higher. Trading time: Any. Risk management: select such a volume of lot, so that the risk was not more than 2-5% of the deposit per one trade. Used indicators QQE Pcm smoothed (5, 14, 0.5); RVI On Jurik cfb adaptive: oversold level (-0.2 - 0.3), overbought level ( 0.2 0.3). Indicators and system 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....
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EMA's Bands with RSI filter trend trading strategy is based on a fan of moving averages with trading signals filtered by modified RSI and MACD indicators. The system has simple rules and is available even to beginner traders. 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 the lot, that the risk was no more than 2-5% of the deposit on one transaction. Used indicators EMA (5) EMA (21) RSI filter (7); MACD with EMA (10, 20,3, 7) Indicator and strategy template installation Unpack the archive with templates and indicators. Copy the indicators to the MQL4 -> indicators folder. Copy the templates to the folder...
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