Forex Strategy Forex Smart
Forex Strategy Forex Smart - is powerful forex trading system that is capable of bringing about a month 4000-5000 pips, because in spite of the simplicity of the forex strategy, it really works well and it's a fact! Trade on it being a 4-hour interval (the interval since the H4 less volatile than short-term charts, but still more profitable), ideal for currency transactions - EURUSD .
This forex strategy Forex Smart very clearly that it is very useful in times of stress trading hours.
And so we need to trade following indicators forex (all of them are present in any trading platform Metatrader 4 immediately after it is installed):
1) Linear Weighted Moving Average (Linear Weighted Moving Average) with a period of 8, shift 0, apply to: the average price (Typical Price - HLC / 3) - okraste in blue.
2) Linear Weighted Moving Average (Linear Weighted Moving Average) with a period of 21, shift 0, apply to: the average price (Typical Price - HLC / 3) - okraste in gold color.
3) Indicator Parabolic SAR (PSAR) - step - 0.0026, a maximum of 0.5
4) Oscillator Stochastic. Period% K: 12 Period% D: 12, delay: 5. Price: Select Close / Close.
MA method: choose Exponential.
Just need to tick the box: to fix at least: 0, fix a maximum 100
And you need to add two additional levels of 60 and 40 and level 50 to remove (if you have it installed).
5) Indicator MACD - Fast EMA: 8, Slow EMA: 21, MACD SMA: 1
Apply to: Weighted Close (HLCC / 4)
Around the resulting graph looks like this:
Figure 1 (click on it to enlarge - opens in new window):
Trading Signals for entry into the market of forex strategy Forex Smart:
blue moving average crosses the moving average gold - Without this signal trading positions can not be opened!
And then look at the additional signals:
If the Parabolic SAR as it forms a support for the price (under the price), then we will open a trading position to buy.
If the moving average was in the direction opposite of Parabolic SAR, and then the Parabolic SAR is changing its position during his 5 candles (which is equivalent to 20 hours), then open the deal is still possible, as trend was reversed.
If the Parabolic SAR as it forms a resistance to price (the price is above), then we will only otkryvate trading position for sale.
MACD indicator can help avoid false trading signals when entering into transactions. Should wait until the intersection of Moving to be confirmed indicator MACD! We should not rush to open trade with the appearance of only one signal.
Just look at the Stochastic:
1) Do not make a deal to buy if the currency is overbought
2) Do not close a sale, if the currency is oversold.
Trading signals to the output of the trading position forex strategy "Forex Smart":
If you made a deal and are in a trading position to buy - Stochastic indicator should punch up the level of 80, and then go down. And when he crossed the level of 60, it means that you must close an open position.
If you made a deal and are in a trading position for sale - Stochastic indicator should knock down the level of 20, and then go up and cross the 40 level upwards.
If the chart you can see moving average in the opposite direction , although chances were few until the indicator has not yet crossed the Stochastic not specified levels - should close a trading position, because you made a trading position on a false alarm, but the situation in the forex strategy is very, very rare.
Figure 2 - Example of transactions on the same schedule - 380 pips in 4 transactions (click on it to enlarge - opens in new window):