67# Killing the Forex Strategy

Submit by Robert 2024

This strategy focuses on identifying and capitalizing on trend reversals across any currency pair using MetaTrader 4 indicators. It leverages a combination of signals from multiple indicators for high-probability entries, focusing on timeframes of 5 minutes or higher.

Strategy Overview:

Time Frame: 5 minutes or higher
Currency Pairs: Any
Indicators (MetaTrader 4):
- Slow Zig Zag Arrow: Highlights potential trend reversals by marking significant highs and lows.
- Breakout Arrow: Generates buy and sell arrow signals based on Zig Zag breakout patterns, indicating potential momentum shifts.
- Master Entry Indicator: Provides entry timing signals with buy and sell arrows to confirm entry points. Master Entry has 4 entry options: Extreme, Intese, Neutral, Moderate. They should be used from low time frames from moderate to extreme for daily and weekly time frames

Buy Entry

Slow Zig Zag Arrow: Look for a green (or buy) arrow, indicating a potential upward trend reversal.
Breakout Arrow: Wait for a breakout buy arrow as a confirmation alert.
Master Entry Indicator: Enter a buy trade when the Master Entry Indicator aligns with a buy arrow, confirming timing for the entry.

Sell Entry

Slow Zig Zag Arrow: Look for a red (or sell) arrow, indicating a potential downward trend reversal.
Breakout Arrow: Wait for a breakout sell arrow as a confirmation alert.
Master Entry Indicator: Enter a sell trade when the Master Entry Indicator aligns with a sell arrow, confirming timing for the entry.

Exit Conditions:

Stop Loss

Place the stop loss at the previous swing high for a sell trade or the previous swing low for a buy trade, as defined by the Slow Zig Zag Arrow indicator.

Take Profit

Aim for a Risk-to-Reward (RR) ratio of 1:1.2 to 1:1.5. For example, if the stop loss is 10 pips, set the take profit at 12-15 pips, depending on market volatility.

Example Scenario:

A bullish reversal is identified when the Slow Zig Zag Arrow indicates a buy arrow.
The Breakout Arrow confirms with a buy signal, suggesting that bullish momentum may be strengthening.
When the Master Entry Indicator also displays a buy arrow, enter a long position.
Set the stop loss just below the recent swing low and take profit based on the 1:1.2 - 1:1.5 RR ratio.

This strategy offers structured entry and exit points to capitalize on trend reversals while maintaining controlled risk with a defined RR ratio.

Killing the Forex Strategy

Killing The Forex.rar

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FX Chaos Forex Trading System

Submit by Forexstrategiesresources

Time Frame 4H , Daily

Pairs:All

Metatrader Indicators:

FX Trend,

Fx Alligator,

Fractal,

FA AO,

FX Bar.

This expert system originates from Chaos theory introduced in the 3rdBill William’s book. Read the book!After unpacking archive into the folder with trading terminal restart the terminal and put pattern «FX-CHAOS» on the graph.

In the right corner – indicator showing the global trend, which analyses daily and weekly graphs with daily graphs priority.

Left corner - price high/low, 5 last bars (on current time-frame)

Fx-bar shows angulations, bar of turn

There is bar of bull turn under number 1, and bar of bear turn under number 2

I recommend to use 4 hour and daily graphs.

One more indicator fx-events – it gives a sound signal and informs you in pop up window that the delayed order worked and that the stop or take position was closed.

If you work with several currencies at a time, put fx-events only on one pair otherwise signals will repeat several times.

In the pictures FX Chaos Forex system in action.