Showing posts with label MT4. Show all posts
Showing posts with label MT4. Show all posts
VR Moving Average Forex Trading Strategy is a day trading strategy that is traded on the 5-minute chart. While some would consider the 5-minute chart as a scalping timeframe, this strategy allows for trades which could be held for quite some time but seldom goes beyond a day.
One is a variation of the stochastic oscillator, the Stochastic Wallabys. This will be used by looking at the position of the indicator line relative to its midline. Above 50 means the market is bullish. Below 50 means the market is bearish.
A couple of indicators to be used are based on moving averages, the i-AMA-Optimum, and the vr_moving_average. These indicators will be used as a trigger. Crossovers going up should generate a buy while crossovers going down should generate a sell signal.
Lastly, a standard MACD indicator will be used as a filter. Positive histograms mean the market is bullish while negative histograms mean the market is bearish.
Indicators:
- vr_moving_average
- i-AMA-Optimum
- Wallaby
- MACD
Timeframe: 5-minute chart only
Currency Pair: preferably EURUSD and GBPUSD
Trading Session: London and New York Session
How to trade with VR Moving Average Forex Trading Strategy?
Buy (Long) Trade Setup
Entry
- The blue line of the vr_moving_average should cross above the dotted orange line of the i-AMA-Optimum indicator
- The Stochastic Wallaby indicator should be above 50
- The MACD histograms should be positive
- Enter a buy market order at the confluence of the above rules
Stop Loss
- Set the stop loss below the dotted orange line
Exit
- Trail the stop loss below the dotted orange line until hit
- Close the trade manually if the MACD histogram becomes negative
Sell (Short) Trade Setup
Entry
- The red line of the vr_moving_average should cross below the dotted orange line of the i-AMA-Optimum indicator
- The Stochastic Wallaby indicator should be below 50
- The MACD histograms should be negative
- Enter a sell market order at the confluence of the above rules
Stop Loss
- Set the stop loss above the dotted orange line
Exit
- Trail the stop loss above the dotted orange line until hit
- Close the trade manually if the MACD histogram becomes positive
How to download and install an indicator?
In order to install the indicator on your MT4 platform, you need to follow these steps:
- Click on “Download Indicator” button located at the top right corner of the screen.
- Save the file to your computer.
- Extract and move the files into MT4>Indicator folder of the MetaTrader4 software file directory.
- Restart your Metatrader platform.
- Navigate to “Indicators.”
- And select “VR Moving Average Forex Trading Strategy” template to apply it on the chart.
Note: This indicator was developed by T. Morris. AtoZ Markets does not carry any copyrights over this trading tool.
VR Moving Average Forex Trading Strategy
Decision Bar Indicator – Profitable strategy for swing Daytrading
Decision Bar Indicator – Profitable strategy for swing Daytrading
DecisionBar trading is real trading. As a DecisionBar Trader you won’t get bogged down looking at
countless indicators, which give diverging signals, or trying to evaluate arcane mathematical
relationships. As a DecisionBar Trader you will come to understand that successful trading boils down to accomplishing four things.
1) Identifying When a Potential Trade Exists.
2) Determining the Direction of the Trade.
3) Deciding if You Should Take the Trade.
4) Decide When to Exit a trade.
countless indicators, which give diverging signals, or trying to evaluate arcane mathematical
relationships. As a DecisionBar Trader you will come to understand that successful trading boils down to accomplishing four things.
1) Identifying When a Potential Trade Exists.
2) Determining the Direction of the Trade.
3) Deciding if You Should Take the Trade.
4) Decide When to Exit a trade.
Our DecisionBar Strategy indicator identifies potential trades and the direction of the trade. It also helps you to determine when to exit a trade along with stops based on your own risk tolerance and market volatility.
Our Risk Oscillators will help you decide whether to take a trade along with any other methods or
indicators you wish to employ.
The DecisionBar Strategy indicator is our main indicator. It is very important that the strategy indicator be optimized for the instrument you are trading, as discussed in the DecisionBar Trading Manual.
The optimal sensitivity settings are different for each instrument you are trading and for each time frame. Knowing how and when to optimize these settings is the key to your success.
Our Risk Oscillators will help you decide whether to take a trade along with any other methods or
indicators you wish to employ.
The DecisionBar Strategy indicator is our main indicator. It is very important that the strategy indicator be optimized for the instrument you are trading, as discussed in the DecisionBar Trading Manual.
The optimal sensitivity settings are different for each instrument you are trading and for each time frame. Knowing how and when to optimize these settings is the key to your success.
The sensitivity setting is an inverse setting. In other words, the lower the setting, the higher the
sensitivity. Higher sensitivity settings (lower numbers) will give you more trading signals. Lower
sensitivity settings (higher numbers) will give you fewer trading signals.
The default setting for the high and low sensitivity is 15/15. These settings are much too low for
today’s volatile markets.
Remember, the higher the setting, the lower the sensitivity. Settings of 30/30 are a good place to
start. For volatile stocks and futures with wide ranges, eMinis and especially forex you may have to go to 40/40, 50/50 or even higher.
The idea is to try to filter out random moves while picking up small to large trends.
Both the high and low sensitivity should usually be set to the same figure.
To determine the proper setting, look at your chart. If the indicator gives you too many signals and a lot of “whipsaws” (moves in and out of positions too fast for a lot of near break-even trades), then decrease the sensitivity (by increasing the sensitivity setting).
The lowest sensitivity setting that eliminates the whipsaws is the proper setting.
sensitivity. Higher sensitivity settings (lower numbers) will give you more trading signals. Lower
sensitivity settings (higher numbers) will give you fewer trading signals.
The default setting for the high and low sensitivity is 15/15. These settings are much too low for
today’s volatile markets.
Remember, the higher the setting, the lower the sensitivity. Settings of 30/30 are a good place to
start. For volatile stocks and futures with wide ranges, eMinis and especially forex you may have to go to 40/40, 50/50 or even higher.
The idea is to try to filter out random moves while picking up small to large trends.
Both the high and low sensitivity should usually be set to the same figure.
To determine the proper setting, look at your chart. If the indicator gives you too many signals and a lot of “whipsaws” (moves in and out of positions too fast for a lot of near break-even trades), then decrease the sensitivity (by increasing the sensitivity setting).
The lowest sensitivity setting that eliminates the whipsaws is the proper setting.
free download
Decision Bar Indicator – Profitable strategy for swing Daytrading
XARDFX forex trading system 2020 – best trading results
about
In conclusion, I would like to share a few powerful tips that will help you get the most out of trading this system and give you the very best results.
The system can be applied to all time frames and currency pairs with equal success, but I personally prefer to trade it on the following pairs as they tend to perform the best for me.
The system can be applied to all time frames and currency pairs with equal success, but I personally prefer to trade it on the following pairs as they tend to perform the best for me.
It might be different for you, and that’s alright, but I’m sure you’re curious to know the pairs that I trade so here they are: EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURWY and GBPJPY.
Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events.
I have also found that the best results can be achieved on the 15 Min time frame and the 5 Min time frame.
This system has served me very well and I know that you will enjoy trading it too. If you can follow the rules and these simple guidelines you are well on your way to success as a trader.
I wish you the very best in all your trading endeavors.
Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events.
I have also found that the best results can be achieved on the 15 Min time frame and the 5 Min time frame.
This system has served me very well and I know that you will enjoy trading it too. If you can follow the rules and these simple guidelines you are well on your way to success as a trader.
I wish you the very best in all your trading endeavors.
XARDFX forex trading system 2020 – best trading results
Magic Fx Formula indicator-V2
About : It’s sophisticated enough to impress experienced traders, yet is so simple to use that even complete newbies will be able to begin using it immediately!
It’s been proven to work again and again!
It’s a highly profitable system that could allow you to earn thousands of dollars aday!
It allows you to make money working part-time or even just a few hours – or minutes – a day!
No trading experience is required to use it – and profit from it!
It works for all time frames and for all markets
Full control using alerts (sound+email)
You sell when indicator displays “SELL” on chart
You buy when indicator displays “BUY” on chart
Free Download MagicFxFormula.rar : download
( skip add )
Magic Fx Formula indicator-V2
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