Simple indicators Strategy
Simple indicators forex strategy
Simple indicators Forex Strategy works well on the range of M15, the currency pair can be any;
On the schedule for the chosen currency pair, you must install the forex indicators for trading platform Metatrader 4 :
1) Indicator - Heikin ashi
2) Exponential Moving Average - EMA (5), close - the color blue
2) Exponential Moving Average - EMA (8), open - the color green
3) Indicator - Dinapoli stoch (8,3,3)
4) Indicator - MomentumVT (10)
5) Indicator - QQE Alert v3.
all necessary indicators, together with a template for MT4 can be downloaded at the end of this forex strategy.
Entering the market for PURCHASE - if all the conditions described below:
1) Exponential Moving Average EMA (5) and EMA (8) crossed up.
2) Indicator Dinapoli stochastic just crossed up (the blue line crossed the red bottom-up)
3) Indicator MomentumVT (10) is above its zero level.
4) Indicator QQE drew an arrow up (maybe even a few bars earlier).
5) The Bar is painted white.
The entry must be done on the next bar, after all the conditions for the transaction.
close a position - as the only indicator QQE alert and moving average EMA (5) and EMA (8) is fed back trading signals. But since they rarely serve the trading signals in the same time, the deal closes, only in cases where these two signals were received .
For SALE - opposite conditions.
safety stop-loss should be set for local minima (for sale) or highs (for sale).