Trending trading strategy Sniper Trading System
Trending trading strategy Sniper Trading System is based on trend indicators that interpret the current trend and breakout levels to determine entry points into the market.
Input parameters
- Currency pairs: any, cryptocurrencies
- Timeframe: M15 and higher
- 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
- MACD 3D (5, 21,22, 50, 50)
- Hama system
- XPS V.8 trend bars (Xard 777 indicator)
- FX Sniper Ma
- Profitable Strategy v.9
- Lukas Arrow and Curves
- Touches line
- Fx Prime Final
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 Sniper Trading System
The schedule should look like this:
Signals indicating the opening of a long position (buying)
- A blue up arrow appeared
- MACD 3d indicator above the gold line
- The bar is blue on the chart
- The Touches line indicator is blue
- A blue bar was formed on the Fx Prime Final indicator
Signals indicating the opening of a short position (sale)
- A red down arrow appears
- MACD 3d indicator is below the gold line
- On the chart the bar is red
- The Touches line indicator is red
- A red bar was formed on the Fx Prime Final indicator
Setting Stop Loss and Take Profit Orders
- stop-loss is set above/below the previous maximum/minimum;
- Take Profit order is placed near the support or resistance line of the trend or the position is closed when the arrow appears in the opposite direction.
Trending trading strategy Sniper Trading SystemThis strategy, in fact, is a classic example of trading by trend. However, compared to other strategies, it has one advantage. The archive contains three templates with different combinations of indicators, which each trader can pick up according to his trading preferences.
Before using the Sniper Trading System trend trading strategy on a real deposit, we strongly recommend that you test it on demo account.
Download Sniper Trading System template and indicators
Other popular trading strategies
