Trading Strategy Trend Finder 4HR

01 May 2011
Trading Strategy Trend Finder 4HR focused on the timeframe H4 and was established to ensure that the trader could easily find bargains at a very high likelihood of profits, and quickly fixed the profits and, of course, be protected from losing trades.

Market: Forex;
Currency pairs: any;
Timeframe: H4;
Forex indicators: Awesome Oscillator (AO), Stochastic Histogram (5, 3, 3), Advanced_ADX (13);
Strategy: The trend line;
Protective orders: StopLoss, TakeProfit, breakeven.

Indicators for the trading strategy
The strategy Trend Finder 4HR used two custom and one standard forex indicators:

1) Awesome Oscillator (AO) Bill Williams, who helps to find and determine the overall direction of the trend of the market with high accuracy.

2) Indicator Advanced_ADX determines the strength of the current acting in the present market trend, and indicates its direction of motion.

3) Stochastic (Stoch_Histogram) helps the trader to determine when the trend in the market changes direction.

Using these indicators together give the trader a very reliable trading signal at the entrance to the market.

Rules of the trading strategy Trend Finder 4HR
The deal to buy under the rules of the trading strategy is the following case:

1) Awesome Oscillator indicator is colored green;
2) Indicator Stochastic_Histogram painted the same green;
3) The indicator Advanced_ADX also colored green and is above its level 15.

When the coincidence of all signals, opening the deal to buy at the opening of the next candle, after signaling (which matched all the signals).




The deal to sell is when the following conditions:

1) Awesome Oscillator indicator is colored red;
2) Stochastic indicator _Histogram painted as a red color;
3) The indicator Advanced_ADX also colored red and is above its level 15.

When the coincidence of all signals, opening the deal to sell at the opening of the next candle, after signaling (which matched all the signals).

Money Management

Open the following two trading positions with a total risk of not more than 3% of your deposit size.

Safety stop-loss set at 100 points, or for the nearest local minimum (for sale) or the nearest local maxima (for sale) - that is closer to a deal.

For trade position 1 set profit target at a distance of 100 points. For trading positions 2 - takeprofit not intended, and it holds up until 2 indicators of the 3 installed, do not change their color to the opposite.

For the two open trades move the stop-loss at break even as soon as the profit on them was 50 points.
Download the template and indicators

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