This System forex strategy was designed to trade on the 4-hour time-frames.
Forex Strategy "PRESS" is very simple, and is used on the M5 time frame.
First of all we have as ( GBP/USD M5) graphic to insta;; the following signs:
- Recommended Forex Broker who support MetaTrader 4 terminal.
Forex Strategy "PRESS" is very simple, and is used on the M5 time frame.
First of all we have as ( GBP/USD M5) graphic to insta;; the following signs:
- Simple Moving Average SMA(8) - close;
- Indicator MACD (5,8,9);
- Indicator P.SAR(0.1,0.11) - install on the chart GBP/USD;
- Indicator P.SAR(0.1, 0.11) - install over the MACD indicator, for that we need this indicator P.SAR where we can download it from here....
To open BUY transaction we can to folow this:
- Most or anlightenment last five minutes to be closed over SMA(8);
- P.SAR points to be placed down, so the chart GBP/USD as well as the MACD indicator;
- MACD to be positive, ie illumination of MACD to be on top of 0 ( zero);
- First Stop-Loss put it at a distance of 20 points from entering the market, or just above 2 P.SAR of the entry in the market;
- Take profit not include. To leave the market run by Stop-Loss;
- After you got 15-20 points, move Stop-Loss above.
NOTE: For a stable operation of forex strategy doesn't recommend the risk more than 2-5% of each transaction, according to the rules of Forex Money Management!
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