Kiss 4H Forex Trend Following Strategy
The kiss 4h system works on a 4 hour chart in all major currency pairs.
Forex Indicators:
- 20LWMA
- MACD (24, 52, 18)
The best thing to do is follow the trend, observe the forms like the higher highs & higher lows and lower highs and lower lows. The best setup will show if the trend matches up with the pairs. Candle pattern can also help you in setting up a position. This is the beauty of PRICE ACTION.
Moving average also is another way to know trends and works best if combine with the price action.
MACD HISTOGRAM can help you identify divergence-convergence. You will be fully aware when the market trend may end. The best setups are when the histogram ?? on the assess side of the zero line( above th? zero line f?r longs ?n? below the zero line f?r shorts).
Money Management
Set SL at 100 pips to be safe on your position.
Target price should be 75pips for pairs with higher Mean Daily Ranges(GU, EJ, GJ), 50pips for pairs with less vital ADR’s(EU, AU).
Exit the trade in the first candle that closes in the opposite side of your entry candle of your Target Price should not been hit. With proper entry, your losses should be around 60 pips or less.
Recommended MT4 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Sign Up for XM Broker Account here <<
FBS Broker
- Trade 100 Bonus: Free $100 to kickstart your trading journey!
- 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
- Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
- ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
- Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.
>> Sign Up for FBS Broker Account here <<
Click here below to download: