Four-Hour Trading Strategy
Sometimes forex indicators can help us to decide on our forex trading activity. One type of trading system that I like too … very relaxing …. just check for 4 hours because it uses a time frame of 4 hours (H4), so do not bother to watch … profit is also quite wide …
And never forget to practice all the time how to read market structure via forex candlesticks reversal patterns and support resistance zones which some traders call supply demand zones area.
For reference that i can share with all of us how to read market structure can be downloaded here.
The indicators used include:
1. Pattern 1-2-3 v3.1 MTF 1440 period if it is green it indicates a trend up, if it is red then it indicates a trend down
2. IBFX – CPR to determine stop loss and take profit
3. Open TRO_InsideBar_Plot2 where buy only be done if the price of the candle is above the green line
Open SELL will only be done if the price of candles under a green line
It also is equipped with the Candlestick Patterns Strategy where pairs of the target profit and stop loss ….
Download Only Profit-Based Four-Hour Trading Strategy
Download Only Profit Template Based Four Hour Trading Strategy Here.
As full time traders, of course we also want to understand how the market structure works, right? The following is a review of how we read market structures to make it easier to understand what is really happening in the global forex market and how we use technical analysis to get our best signals.
