Candlestick Pattern Forex Pivot Points Strategy

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Candlestick Pattern Forex Pivot Points Strategy

This system is hybrid. It uses price action with ergodic indicator. This works on a 1 hour timeframe and is applicable to any currency pairs.

Forex Indicators:

  • Candlestick Patterns,
  • Pivot,
  • BH Ergodic .

BUY ENTRY:

  • Candlestick patterns above pivot levels with up arrow.
  • BH Ergodic signal line crosses upward.

SELL ENTRY:

  • Candlestick patterns below pivot leves with down arrow.
  • BH Ergodic signal line crosses downward.

Take profit on the next pivot levels or 4 pips before the level.

Place stop loss 20 -25 pips.


Forex Trading Strategies Installation Instructions

Candlestick Pattern Forex Pivot Points 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.

Candlestick Pattern Forex Pivot Points 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 Candlestick Pattern Forex Pivot Points Strategy?

  • Download Candlestick Pattern Forex Pivot Points 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 Candlestick Pattern Forex Pivot Points Strategy
  • You will see Candlestick Pattern Forex Pivot Points 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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