Trend Forex Candlesticks Strategy

0
782

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.

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

XM broker

>> 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.

fbs broker

>> Sign Up for FBS Broker Account here <<

Click here below to download:

Save

Save



Get Download Access

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.

LEAVE A REPLY

Please enter your comment!
Please enter your name here