143# Forex Zone Strategy
Trade in trend with momentum
Zone Indicator
Forex Zone Strategy is a trend momentum strategy based on two indicators arrow andzone). Arrows are producing signals. The indicator Zone is a filter to reduce number of fake signals. The settings of each indicator can be changable for different charts.
There are two arrows indicators for conservative template and aggressive templates.
The logic of the system is always the same.
Time Frame 15 min or higher.
Currency pairs: majors and minors.
Metatrader v4 indicators:
Arrow 1
Arrow 2
Zone indicator (draws yellow box below the main chart. The arrows are valid entry signs only in this area.
Trading rules Forex Zone Strategy
If a signal appears in the yellow zone, it is considered to enter a position. Yellow Zone Indicator is a tool which
generally minimizes fake signals. We will also use Simple Moving Average (33) for trend market. It is up to you to
change the value of Moving Average when monitoring different charts.
How To Enter BUY Position;
- Blue Arrow should appear in the yellowzone
- Blue Arrow should be above Moving Average
How To Exit BUY Position;
- Opposite arrow (Red)
- The candle closing below Moving Average
How To Enter SELL Position;
- Red Arrow should appear in the yellow zone
- Red Arrow should be below Moving Average
How To Exit SELL Position;
- Opposite arrow (Blue)
-
The candle closing above Moving Average
In the pictures Forex Zone Strategy in action.
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