To trade on the forex strategy "Intraday setting 100%" must be at the daily chart of any currency pair set 2 simple forex indicator, which is standard present in any trading platform Metatrader 4 -
simple moving average with period 20 (SMA 20), as well as 2 sets of Bollinger Bands (Bollinger Bands) with the parameter deviations 2 SD and 3 SD.
Rules for opening transactions for the purchase on the forex strategy "Intraday setting 100%" as follows:
1 on the daily chart you need to publish a 20-period moving average SMA and make sure that the price (closing) is above this simple moving average.
2. are the only bargains to buy in the direction of the trend.
3. Next you need to go to watch the price chart and place it in the 2 sets of Bollinger Bands indicator. 1st pair Stripes Bollinzhdera has parametrotkloneniya in 3SD, and 2nd pair of Bollinger Bands is the parameter deviations 2SD.
4. when the price carries a breakthrough in the market down and closes above the channel bottom indicator Bollinger Bands 3SD-2SD on the hourly price chart -It entry into the market.
5. The stop-loss order is located at the swing low minus 5-10 pips and calculate the potential risk of prisoner deal (risk = Market price - the level of stop-loss orders).
6. Then set the profit target (Take Profit) for the first 50% of the transaction at a distance of 50% of the resulting risk (ie, if your risk, for example, 40 points on the transaction, then you commit a profit of 20 pips above the market entry price).
7. Once the first profit target has been reached, the stop-loss order for the remaining part (the second 50% of the transaction) is rearranged to break even (zero). As it is for the second part of the transaction, you can use a trailing stop.
8. Closure of the second part (50% of transactions) trade position is once tsenazakryvaetsya below the upper channel Bollinger Bands indicator 3SD-2SD, if this does not occur closing of the stop-loss order at the break-even level.
Rules for opening a deal to sell on forex strategy "Intraday setting 100%" as follows:
1 on the daily chart to place the 20-period moving average SMA and make sure that the price (closing) is below the simple moving average.
2. are only bargains for sale in the direction of the current trend.
3. Next you need to go to watch the price chart and placed on it two sets of Bollinger Bands indicator. 1st pair of Bollinger Bands with the deviation parameter in 3SD, and 2nd pair of Bollinger bands with variations in parameter 2SD.
4. when the price on the market does break up and closes below the upper channel Bollinger Bands indicator 3SD-2SD on the hourly price schedule - produce the entrance to the market for sale.
5. Stop-loss order is above the swing high plus 5-10 pips and then calculate the risk of prisoner deal (risk = Market price - the level set stop loss orders).
6. profit target (desired take profit) for the first 50% of the transaction is at a distance of 50% of the amount of exposure (ie, if you, for example, risking 40 points on the transaction, it is necessary to close the first 50% transaction on 20 pips below the entry price in the market).
7. Once the first profit target has been reached, the stop-loss order for the remaining 50% of the open trading position is moved to breakeven (to zero).
8. Closure of the second part of the trade position is, as soon as the price zakryvaetsyavyshe lower channel indicator Bollinger Bands 3SD-2SD, if this does not happen before the closure of a stop-loss order at break even exposed.
This forex strategy has not already been tested once in the real market and works very well! The main thing, of course, not to forget about the situation on the market prices relative to the daily SMA 20.
