Power Forex Trend Following strategy
Table of Contents
This system works on a 15 minute or higher timeframe. You can use this in all currency pairs.
- EMA 14 must cross up EMA34.
- MACD must be greater than 0.
- EMA 14 must cross down EMA 34.
- MACD must be less than 0.
- You can exit position when in reverse position.
- Take profit on pivot levels on daily and weekly.
Place stop loss on previous swing.
Profit Target 1:2, 5 ratio SL.
Forex Trading Strategies Installation Instructions
Power Forex Trend Following 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.
Power Forex Trend Following 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 Power Forex Trend Following Strategy?
- Download Power Forex Trend Following 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 on “Template”
- Move right to select Power Forex Trend Following Strategy
- You will see Power Forex Trend Following 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.
Click here below to download: