A simple short-term trading strategy forex

01 May 2011
A simple short-term trading strategy forex
A simple short-term forex trading strategy works well on the time frame M15, a currency pair can be arbitrary. The main requirement of this strategy - just follow the indicator signals, which, incidentally, is used as much as 6. Each plays a role, can not be ignored.

Market: Forex;
Currency pairs: different;
Timeframe: M15;
Forex indicators: Heikin ashi, EMA, Dinapoli stoch, MomentumVT, QQE Alert v3;
Strategy: Short-term;
Protective orders: StopLoss.

On the schedule for the chosen currency pair, you must install indicators for trading platform Metatrader 4:

1) Indicator - Heikin ashi;
2) Exponential Moving Average - EMA (5), close - the color blue;
3) Exponential Moving Average - EMA (8), open - the color green;
4) Indicator - Dinapoli stoch (8, 3, 3);
5) Indicator - MomentumVT (10);
6) Indicator - QQE Alert v3.
Signals Trading Strategy

Open a deal to buy when the following conditions:

1) Exponential Moving Average EMA (5) and EMA (8) crossed from the bottom up;
2) Indicator Dinapoli stochastic also crossed from bottom to top (the blue line crossed red);
3) The indicator MomentumVT (10) is above its zero level;
4) Indicator QQE drawn up arrow (maybe even a few bars earlier);
5) Bar Heikin ashi indicator is painted in white.

Entering the market to produce the next spark, after all the conditions to the transaction.
Closing the trading position is carried out as soon as the indicator QQE alert and moving average EMA (5) and EMA (8) is fed back to the trading signals. Since this joint is rare, the deal closes, just in case 2, these signals were received.

Trading signals for the opening transaction for the sale back.

A safety StopLoss should establish a local minima (for sale) or maximum (for sale).

To ignore signals before important news release
Download the indicators and the pattern of trading strategy

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