Trend Forex Candlesticks Strategy

0
1977

Trend Forex Candlesticks Strategy

This is a system that uses candlestick to trade and works on 4 hours or daily timeframe. Applicable currency pairs to use this system is all currency pairs.

Forex Indicators:

  • CPI or Pattern Recognition Master;
  • Real MACD.
  • Non Lag MA.

Long Entry:

  • Real MACD must be Green.
  • Non Lag MA is Cyan and there is a candlestick pattern up.

Short Entry:

  • Real MACD must be Red.
  • Non Lag MA is Red and there is a candlestick pattern down.

Exit Position:

  • Stop loss on higher or lower candle signal pattern.
  • Target Profit on daily Pivot; to close position at the closed bar entry.
  • 4H Timeframe: EUR/USD 25 pips, AUD/USD 18 pips, GBP/USD 30 pips, EUR/JPY 30 pips, GBP/JPY 33 pips.
  • Daily Timeframe:EUR/USD 50 pips, AUD/USD 40 pips, GBP/USD 60 pips, EUR/JPY 60 pips, GBP/JPY 65 pips.


Forex Trading Strategies Installation Instructions

Trend Forex Candlesticks Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

Trend Forex Candlesticks Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install Trend Forex Candlesticks Strategy?

  • Download Trend Forex Candlesticks Strategy.zip
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover onTemplate
  • Move right to select Trend Forex Candlesticks Strategy
  • You will see Trend Forex Candlesticks Strategy is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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