765# FT 4H Trading System
Fx Sniper Ergodic CCI
Candle average indicator
Submit by Ron
FT 4H Trading System is a strategy based on crossover of Fx Siniper Ergodic CCI above/below the 150 levels with the filter of the Candle Average indicator above/below the zero. This trading system find the extreme oscillations of the market.
Time Frame 4H.
Currency pairs Majors and minors.
Apply this template a more charts at the some time.
Metatrader 4 indicators setting
Fx Sniper Ergodic CCI (4, 8, 5, 4).
Candle Average V.3 (3,3,3,3).
Trading Rules FT 4H Trading System
Trading is carried out around the clock in 3 orders
Buy:
1) FX Sniper's indicator has crossed (blue line above red line) below -150 level
2) CandleAverage_v3 below 0 level
Sell:
1) FX Sniper's indicator has crossed (red line above blue) above 150
2) CandleAverage_v3 above 0 level
Take-Profit:
1st order 50 p
2nd order 100 p
3rd warrant (your greed/nerves) [I bet 200 p]
Stop-loss:
after closing the 1st order (50 p), we put the rest (at your request) in:
(a) breakeven
b) local minimum / maximum
C) above/below + a few pips of the candle open
The indicators do not paint, the system is tested for a couple of months on demo.
Waiting for your suggestions/criticism for improvement.
In the pictures FT 4H Trading System in action.
Share your opinion, can help everyone to understand the forex strategy.
Takis (Friday, 17 March 2023 09:11)
Hello
Please ,it appears there is a typo in the buy/sell suggestions.It should be buy when the candle average is above the 0 line and sell when below 0.
Regards
TzwSVsOw (Monday, 09 January 2023 22:21)
20
lxbfYeaa (Friday, 03 September 2021 23:37)
20