| My simple forex trading strategy: Trend is friends! Similarly as other basic strategies, this stragety is following the trend. before specify the entry point, you must identify the trend, in my stragety, I use the at_ZDn.mq4 (a little repaint) indicator to identify it ( you can use HMA 80 to instead). after that, waiting for the entry point using IINWMARROWS alert.mq4 indicator, remember always set your stopsloss at the closest swing point ( + spread), don't set your cutloss so far, that will make you lose bigger, agree when it's wrong. For example: |
at_ZDn.mq4 setting at default
IINWMARROWS alert.mq4 setting at : faster MA: 5 slower MA 8, faster MA and slower MA mode: 3
Nothing can satisfy your greed, take profit when you feel that enough or at the support, resistance level, of course how much you pay, how much you must get back, so tp at 1:1 or bigger, move your sl when you want to get more depend on swing point or IINWMARROWS indicator. If the market move so fast, don't try to get in, waiting for the retracement.
Hope it can help some one! good luck.
