Summary
:
Forex
Two points Trading Strategy System is a pure price action trend forex strategy.
Metatrader
Indicators :
- 2 point indicator;
- Trading Numbers;
- Exponential moving average (200, High)
- Exponential moving average (200, Low)
Trading
Conditions
- Chart Timeframe : 4 Hour.
- Currency Pairs : Any pairs.
Long
Position Entry :
Point
1 is always the last DOWN peak on the chart as seen above. I call this the
retrace value because it is created due to a retrace or consolidation after a
move in either direction.
Point 2 is
the second High created from Point 1 . This is where the pending trades should
always be placed.
Point 1 is
where you decide what to do next. This point is called the retrace value of the
current trend. This is where the market gives back some of the gain before
continue with the current trend. Knowing how to treat point 1 is very important
in trading the 2 points system.
Short
Position Entry :
Point
1 is always the last UP peak on the chart as seen below. I call this the
retrace value because it is created due to a retrace or consolidation after a
move in either direction.
Point 2 is
the second Low created from Point 1 . This is where the pending trades should
always be placed.
Point 1 is
where you decide what to do next. This point is called the retrace value of the
current trend. This is where the market gives back some of the gain before
continue with the current trend. Knowing how to treat point 1 is very important
in trading the 2 points system.
Exit
Rules :
- Stop Loss Option 1 : 50 pips away
from the entry
- Stop Loss Option 2 : Above or Below the preview peak
How to install Files?
- Download *.zip file.
- Copy Indicators folder to your Metatrader
Directory / indicators /
- Copy Template folder to your Metatrader
Directory / templates /
- Copy Libraries folder to your Metatrader
Directory / Libraries /
- Start or restart your Metatrader
- Select Chart and Timeframe where you want
to test your forex strategy
- Right click on your trading chart and hover
on “Template”
- Move right to select Template
- You will see Trading System strategy is
available on your Chart