Imagine a freight truck running full speed on an open highway. You would not want to step in front of it, reg? It is big and massive, and it is speeding down the road. Anything that is placed in front of it will surely be crushed. That is momentum. It has volume and it has speed.
Just like the analogy of a truck, momentum trading is also devastating to those who would trade against it. It would be like stepping in front of the truck. Maar, trading with it could be a very good idea. Momentum could push your trade forward and yield huge profits.
so, how do we identify momentum in trading? We have to look for two things, speed and volume. We have to look for candles that show price moving a significant distance within one candle.
Momentum Hyper Trend Forex Trading Strategy is a strategy that provides trade signals based on momentum and a confluence of other factors that point the same direction. It makes use of indicators that are geared towards finding trend reversals that are based on momentum. This provides high probability trades that could provide huge gains.
Trigger Lines Indicator
- 1 Trigger Lines Indicator
- 2 Volatility Hyper Trend Indicator
- 3 Trading Strategy
- 4 Afsluiting
The Trigger Lines indicator is a custom momentum indicator which aids traders in identifying trend direction. This indicator draws two modified moving average lines on the price chart, which are optimized to identify momentum shifts.
This indicator also provides trade signals by changing the color of the moving average lines. Bullish trends have moving average lines that are colored blue, while bearish trends have moving average lines that are colored red. These trade signals are also based on the crossing over of the two moving average lines, which are set to indicate the medium-term trend.
Volatility Hyper Trend Indicator
The Volatitliy Hyper Trend indicator is a custom indicator that indicates trend and trend reversals based on momentum. This indicator detects trend changes by incorporating volatility in its formula.
This indicator draws two lines. Its main line, called the median, is colored green. This line shadows price action movements much like other oscillating indicators. The second line is much like a signal line. It indicates trend directions based on its location in relation to the median. It changes to color red whenever it is below the median, indicating a bullish market condition. Inversely, it also changes to blue whenever it is above the median, indicating a bearish market condition. It also conveniently provides trade signals by placing arrows on the price chart whenever it detects a trend reversal based on the crossing over of the median line and its signal line.
This strategy is a momentum trading strategy based on the confluence of a momentum candle, the Trigger Lines indicator and the Volatility Hyper Trend indicator.
The Trigger Lines indicator and the Volatility Hyper Trend indicator are complementary indicators that provide high probability trade setups whenever the two indicators provide trade signals at the same time. Interestingly these confluence of trade signals usually occur on a momentum candle.
Om hierdie strategie te verhandel, all three conditions must be aligned, a momentum candle, a trend reversal on the Trigger Lines indicator, and a trend reversal on the Volatility Hyper Trend indicator.
We will be defining a momentum candle as a long, full-bodied candle, with little to no wicks. These candles signify a strong price movement within one candle and typically occurs whenever there is a huge volume of trade behind it.
- Rperiod: 36
- Volatility Hyper Trend
Tydraam: preferably 15-minute, 1-uur, 4-uur- en daaglikse kaarte
Valutapare: majeur en mineur pare; trade the currency of the trading session you are trading on when day-trading
Handelsessie: Tokyo, Londen en New York
- Price should cross and close above the Trigger Lines indicator
- A strong bullish momentum candle should appear
- The Trigger Lines indicator should change to blue indicating a bullish trend reversal
- The Volatility Hyper Trend indicator should crossover with the green line above the red line indicating a bullish trend reversal
- The Volatility Hyper Trend indicator should print a blue arrow pointing up indicating a bullish trend reversal
- These trend reversal signals should be closely aligned
- Tik 'n koopbestelling ingevolge bogenoemde voorwaardes
- Stel die stopverlies op die ondersteuningsvlak onder die ingangskers
- Close the trade as soon as the Trigger Lines indicator changes to color red
- Price should cross and close below the Trigger Lines indicator
- A strong bearish momentum candle should appear
- The Trigger Lines indicator should change to red indicating a bearish trend reversal
- The Volatility Hyper Trend indicator should crossover with the green line below the blue line indicating a bearish trend reversal
- The Volatility Hyper Trend indicator should print a red arrow pointing down indicating a bearish trend reversal
- These trend reversal signals should be closely aligned
- Voer 'n verkoopbestelling in met die samevatting van bogenoemde voorwaardes
- Stel die stopverlies op die weerstandsvlak bo die ingangskers
- Close the trade as soon as the Trigger Lines indicator changes to color blue
This trading strategy is a high probability trading strategy which could provide positive expectancy on each trade. Trades would usually yield profits with a reward-risk ratio of around 2:1.
The individual trading indicators used in this strategy could already provide high probability and high yielding trade setups even as a standalone indicator. Combining these indicators together and adding the momentum candles to the mix provides an even better trade signal.
When used with the right trade management strategy, this strategy should provide consistent profits.
Forex Trading Strategies Installasie-instruksies
Momentum Hyper Trend Forex Trading Strategy is a combination of Metatrader 4 (MT4) aanwyser(s) en template.
Die essensie van hierdie forex strategie is om die opgehoopte geskiedenis data en handel seine te transformeer.
Momentum Hyper Trend Forex Trading Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, handelaars kan verdere prysbewegings aanvaar en daarvolgens aan te pas hierdie strategie.
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How to install Momentum Hyper Trend Forex Trading Strategy?
- Download Momentum Hyper Trend Forex Trading Strategy.zip
- *Kopieer mq4 en EX4 lêers na jou Meta Trader Gids / experts / indicators /
- Kopieer tpl lêer (sjabloon) om jou Meta Trader Gids / templates /
- Begin of jou Meta Trader kliënt herlaai
- Kies Chart en Tydraamwerk waar jy wil hê dat jou forex strategie te toets
- Regskliek op jou handel term en hang op “sjabloon”
- Move right to select Momentum Hyper Trend Forex Trading Strategy
- You will see Momentum Hyper Trend Forex Trading Strategy is available on your Chart
*nota: Nie alle forex strategieë kom met mq4 / EX4 lêers. Sommige templates is reeds geïntegreer met die MT4 Aanwysers van die Meta Trader platform.
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