798# Step VMA MQ4
Step vhf adptive vma histo (alerts) as filter.
Trend-momentum strategy: perfect signal.
Submit by Dimitry
Step VMA MQ4 is an indicator mq4 trend following suitable for filtering signals trend following and trend momentum. Here we have an simple and effective strategy formed only two indicators Stem VMA and a signal arrow trend momentum.
The signals generated by the system are quite accurate. So good money management can make the difference.
Time Frame 15 min, 30 min, 60 min, 240 min.
Best Currency pairs:EUR/USD, GBP/USD, USD/JPY, AUD/USD, AUD/NZD, AUD/JPY, USD/CAD, CAD/JPY, GBP/JPY, EUR/JPY, EUR/AUD, EUR/NZD, EUR/CAD, EUR/GBP, AUD/CAD.
Metatrader 4 indicators
Step vhf adptive vma histo (alerts) period 14.
Signal arrow with profit target (default setting).
Trading rules Step VMA MQ4
Long Entry
Buy arrow indicator below the candle, entry at the opening of the next candle.
SPEP VMA sea green bar.
Place initial stop loss 5-or more pips (depends by time frame) below the previous swing low.
Profit Target ratio 1:1 stop loss , at opposite signal or at the profit target of the drawn by the indicator.
Short Entry
Sell arrow indicator above the candle, entry at the opening of the next candle.
StEP VMA deep pink bar.
Place initial stop loss 5-or more pips (depends by time frame) above the previous swing high.
Profit Target ratio 1:1 stop loss , at opposite signal or at the profit target of the drawn by the indicator.
In the picture Step VMA MQ4 in action.
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