Forex Dynamic Wave MA Swing Trading Strategy
Watch the testing video here:
Forex Dynamic Wave MA Swing Trading Strategy
Intraday Time Frame: 15 min , 30, mim, 60 min.
Markets: any.
This Template MT4 hass created for two types of trading method intraday:
- Trend Following;
- Reversal trading method.
Metatrader Indicators:
2 sets of exponential moving averages, divided by three3(EMA) moving averages, the first 3 periods (orange red line), the second of 21 periods (magenta line) and the third of 55 periods (yellow line).
Forexinn Anatoly a modified version of 3 Level ZZ Semafor, more a little dashboard of the trend direction;
Dyamic Wave of Moving average arrow.
Pivot Points Levels.
Dynamic Wave of the Moving Averages
Trend Following trading
Buy
3EMA > 21 EMA and 55 EMA ;
when appears a buy arrow of the Dyamic Wave of Moving Averages arrow indicator.
Sell
3EMA < 21 EMA and 55 EMA ;
when appears a sell arrow of the Dynaamic Wave of Moving Averages arrow indicator.
Exit position
at opposite arrow;
at the pivot points leveles;
with profit target predetermined;
Initial stop loss at the previous swing.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Dynamic Wave MA Swing Trading Strategy?
- Download Forex Dynamic Wave MA Swing Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
