159# Forex Pro Strategy
Forex Pro Indicator
Forex Pro Strategy trend following strategy
Submit Carl
Forex Pro Strategy is based on the Forex Pro Indicator. It's a trend following strategy. The purpose of this strategy is find the trades into the trend.
The first rule is find the currency pairs in trend.
Time frame 30 min, or H1.
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/JPY, EUR/JPY , GBP/JPY USD/CHF.
Metatrader Indicators:
Indicator 1: MA period 34, T3 MA 0.8, JMA Phase 0.0, Step 4.0.
Indicator 2: Signal period 12, arrow 2.
Indicator 3: Moving average 144,
Indicator 4: fast 144, slow 233, Moving average 50.
Trading Rules Forex Pro Strategy
Buy
The strategy involves one main switchman in yellow, two trend lines
(the third is thinner - additional), and a basement histogram.
Entering the market to increase:
1. A yellow arrow appears up.
2. The first trend line is blue, or has become such when the candle is closed.
3. The second trend line is green or has become such when the candle is closed.
4. The bar of the basement indicator on the current candle of blue color (on the slide -red, yellow - uncertainty or flat).
If these conditions coincide with the next candle, we enter the market. Take profit – 30-60 pips, stop the loss is 30 pips.
Sell
1. A yellow arrow appears down.
2. The first trend line is red, or has become such when the candle is closed.
3. The second trend line is red or has become such when the candle is closed.
4. The bar of the basement indicator on the current candle of red color (on the slide -blue, yellow - uncertainty or flat).
If these conditions coincide with the next candle, we enter the market. Take profit - 30-60 pips, stop the loss is 30 pips.
In the pictures Forex Pro Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
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