4H Turbo Trend Trading is
a trend following strategy for swing trading. This is also a multi
timeframe strategy.
Time Frame 4H-6H-8H
Currency pairs: majors.
Setup Chart indicators setting
4 hour EUR/USD chart, 4 hour GBP/USD
chart.
Daily EUR/USD chart, Daily GBP/USD
chart.
Four exponential movig averages two
fast and two slow:
6 EMA, 13 EMA, 120 EMA, 200 EMA.
Parabolic Sar (0.2 – 0.012),
MACD (12, 26, 9)
Trading Rules 4H Turbo trend Trading
On the daily chart find the direction
of the trend with EMA's
6EMA>13EMA>120EMA>200EMA trend
up.
6EMA<13EMA<120EMA<200EMA trend
down.
Trades alaways in the direction of the
major trend.
Buy
6EMA crosses above the 13SMA, MACD
lines cross upward,
the Parabolic SAR dot is under the
candle,
MACD lines cross.
All these conditions indicating an
upwards trend.
Sell
6EMA crosses below the 13SMA , MACD
lines cross downward,
the Parabolic SAR dot is below the
candle,
All these conditions indicating an
upwards trend..
Stop loss examples GBP/USD 100 pips,
EUR/USD 70 pips.
Make profit when the fast ema's crosses
in opposite direction or with predetermined profit target for
examples GBP/USD 120 pips, EUR/USD 90 pips.
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