Result in pips: I use high and low between PM to AM GMT This strategy is suitable for traders which have not sufficient time for looking at charts every minute. Raza May 24, , pm 5.
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Have you tested this method on other pairs? I will work on other currencies and will publish the results here.
Our Own Unique GBPUSD Trending Price Action Forex Trading Strategy
Also I am working on Expert Advisor for this strategy. Kuzco May 24, , pm 7. You will have to excuse me Melodica because I am completely new to Forex.
Please feel free to ask any question. Kuzco May 24, , pm Hey Melodica Great simple system here, I advise you to not make your EA public as it will destroy this method for good, It will no longer work, as everyone will trade it. CheckDavid May 24, , pm Hey Melodica, nice doing here. Are you trading with real money. Anyway, I am sure we can work together.
But I suggest that you only trade currency pairs that have good trending characteristics. You need both timeframes to make your trading decision. Forex Indicators Required You need a few forex indicators for this trading strategy and here they are: slow stochastic indicator with these settings 13,5,5 applied to both charts, Exponential moving average 4, EMA14, and EMA 50 on the 4hr chart. Before Trading Before you buy or sell, you need a good filter to filter out potential bad trade setups with this forex strategy.
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Forex Strategy for GBPUSD (trend following) - Journal of Financial Markets
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4HR GBPUSD Forex Trading Strategy
Back Trading Software. Add to compare list. You are provided with optimized settings for 1-year of historical tick data with the ability to optimize the settings yourself over any time period. Version: 2.
4 Hours GBPUSD Forex Swing Trading Strategy For MT4
Type: cTrader cBot. Qty: 1.
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Overview Reviews. Free Optimisation Updates We will optimise the settings for this trading robot free of charge every 4-months so that this system adapts to the changing market cycles. Optimised files included 1-year. Turbo Boost We have added an additional parameter to allow you to turn on Turbo Boost and if you select "Yes" the trading system will boost the net profit and the number of trades, this can provide a much higher return of profits, but at the same time it may also increase your risk, we advise that you experiment.
