Traders often look for tools, indicators, strategies and techniques that will help them maximize their profits. This is the whole point why we are trading. We would want to gain as much profits as we want with the least amount of drawdown. We would want to gain 10%, 20% or even more while having drawdowns of less than 5%. This is the essence of profitable trading. Others on the other hand are content with gaining 3% to 5% while experiencing drawdowns of 10% or more. Although traders could still be profitable this way, but this is not an efficient way to profit from the market.
So, how do we gain profits from the forex markets while still maintaining low drawdowns? One way is by increasing our accuracy. This means aiming for more wins compared to losses.
One of the best ways to increase accuracy is by trading on confluences. Confluences are points on a price chart where there are two or more indications coming from different sources that price is moving in a certain direction. Let us say for example you have three indicators. A MACD, and RSI and a moving average line. Based on a set of rules you are using all three indicators point that price is moving up. This is what is called a confluence. If you are using a set of rules that does have an edge, there is a higher chance that price will move up rather than move down.
Win Max Pips Forex Trading Strategy is a strategy that trades on confluences. It uses high probability indicators which is based on confluences thus producing high probability trade setups.
WINMAXPIPS
WINMAXPIPS is a custom trend following indicator which helps traders identify the direction of the trend.
It is an oscillator type of indicator which plots bars and arrows on a separate window. Positive bars with lime arrows pointing up indicate a bullish trend bias. On the other hand, negative bars with red arrows pointing down indicate a bearish trend bias.
Traders can use this indicator to identify trend direction and bias, then filter out trades that are not aligned with the current trend bias direction.
Traders can also use this indicator to identify possible trend reversals and use it as a basis to enter a trade. Traders can do this by trading on points where the bars shift from negative to positive or vice versa. However, this should be traded in confluence with another highly reliable trend reversal signal.
Indikatorpilar
Indicator Arrows is a trend following indicator which provides trend reversal signals based on confluences of various indicators.
The Indicator Arrows signal is based on a variety of underlying indicators, which includes moving averages, Moving Average Convergence and Divergence (MACD), Oscillator of Moving Averages, Stochastic Oscillators, Relative Strength Index (RSI), Commodity Channel Index (CCI), Relative Vigor Index (RVI), and the Average Directional Movement Index (ADX).
This indicator plots arrows based on confluences coming from the indicators mentioned above. Since the indicator signals are based on confluences of various indicators which are widely used, the resulting signals produced by the Indicator Arrows are high probability trend or momentum reversal signals. When used with a highly reliable trend direction filter, this indicator can do wonders.
Trading Strategy
This trading strategy produces trade setups whenever the Indicator Arrows signal is generated while the WINMAXPIPS indicator is exhibiting a trending market condition.
To identify a trend, we will be observing how the WINMAXPIPS indicator is behaving. If the WINMAXPIPS bars are constantly staying positive for some time, then the market is considered bullish. If the WINMAXPIPS bars are constantly staying negative, then the market is considered bearish.
Price action should also exhibit the trend direction as indicated by the WINMAXPIPS indicator. This is based on the trend pattern exhibited by the swing highs and swing lows of price action.
As soon as the trend is established, we could then wait for the Indicator Arrows signal to be plotted. Signals that are aligned with the trend will be considered as a valid trade setup.
Indikatorer:
- Indikatorpilar
- Winmaxpips
Föredragna tidsramar: 30-minuters, 1-timmars och 4-timmars diagram
Valutapar: FX majors, minderåriga och korsningar
Handelssessioner: Tokyo, London och New York sessioner
Köp Trade Setup
tillträde
- The WINMAXPIPS bars should be positive.
- Price action should be producing higher swing highs and swing lows.
- An upward pointing arrow should be plotted by the Indicator Arrows.
- Ange en köporder på bekräftelsen av villkoren ovan.
Stop Loss
- Ställ in stoppförlusten på fraktalen under ingångsljuset.
Utgång
- Stäng handeln så snart indikatorpilarna ritar en pil som pekar nedåt.
Sälj Trade Setup
tillträde
- The WINMAXPIPS bars should be negative.
- Price action should be producing lower swing highs and swing lows.
- A downward pointing arrow should be plotted by the Indicator Arrows.
- Ange en säljorder på bekräftelsen av villkoren ovan.
Stop Loss
- Ställ in stoppförlusten på fraktalen ovanför ingångsljuset.
Utgång
- Stäng handeln så snart indikatorpilarna ritar en pil som pekar uppåt.
Slutsats
This trading strategy is works best when traded in a market that is clearly trending.
The Indicator Arrows signals are highly reliable trade signals. However, signals that go against the flow of a trend tend to produce short momentum bursts that can reverse instantly. Trade signals that are traded with the trend to be very reliable.
The WINMAXPIPS indicator improves the reliability of the signals by filtering out trades that are not aligned with main trend.
Traders who can identify a good trending market can use these signals to trade with high entry and exit accuracy.
Forex Trading Strategies Installationsinstruktioner
Denna strategi är en kombination av Metatrader 4 (MT4) indikator(er) och mall.
Kärnan i denna valutastrategi är att transformera den ackumulerade historikdata och handelssignaler.
Denna strategi ger en möjlighet att upptäcka olika egenheter och mönster i prisdynamiken som är osynliga för blotta ögat.
Baserat på denna information kan handlare anta ytterligare prisrörelser och justera denna strategi därefter.
Rekommenderad Forex MetaTrader 4-handelsplattform
- Gratis $ 50 För att börja handla direkt! (Uttagbar vinst)
- Insättningsbonus upp till $5,000
- Obegränsat lojalitetsprogram
- Prisbelönt Forex Broker
- Ytterligare exklusiva bonusar Under hela året
Hur installerar jag denna Forex-strategi?
- Ladda ner zip-filen
- * Kopiera mq4- och ex4-filer till din Metatrader-katalog / experter / indikatorer /
- Kopiera tpl-filen (mall) till din Metatrader-katalog / mallar /
- Starta eller starta om din Metatrader Client
- Välj Diagram och tidsram där du vill testa din valutastrategi
- Högerklicka på ditt handelsdiagram och håll muspekaren på "Mall"
- Flytta åt höger för att välja denna strategi
- Du kommer att se strategiinställningen är tillgänglig på ditt diagram
* Obs! Inte alla valutastrategier kommer med mq4 / ex4-filer. Vissa mallar är redan integrerade med MT4-indikatorerna från MetaTrader-plattformen.
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