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Category Archives for "Forex Trading Pattern Strategies"Learn a wide variety of currency trading strategies based on candlesticks, trend lines, chart patterns, triangles, doji, flags, pennants, reversal patterns,…
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PL/DCC Forex Trading Strategy
The PL/DCC forex trading strategy is a price action strategy that catches reversals in the market. Adding some technical indicators to this wonderful pattern will transform it into a very potent and profitable system. Its ease of adoption makes it a good pick for beginners and advanced traders alike. Chart Setup MetaTrader4 Indicators: Rads_MACD.ex4 (default […]
Continue readingThree Black & White Forex Trading Strategy
The Three Black & White forex trading strategy is essentially a reversal pattern that can be effectively used to track a bullish/bearish trend at the bottom/peak of an existing trend. There’s nothing as sweet as catching a trend when it starts. The strategy attempts to locate the three black crows (bearish) and three white soldiers […]
Continue readingGann Line Forex Trading Strategy
The Gann Line forex trading strategy uses the Gann Line at its core in addition to the Moving Average of Oscillator. The Gann Line can be drawn by inserting a “Trendline by Angle” or by inserting a “Gann Line” directly when clicked through Insert => Gann => Gann Line as seen on MT4 platforms. Chart […]
Continue readingGann Grid Forex Trading Strategy
The Gann Grid forex trading strategy is a strategy that demonstrates the usefulness of the intersecting runs of Gann Lines blanketed on the activity chart. The strategy combines the Gann Grid and the MACD MT4 indicator. Chart Setup MetaTrader4 Indicators: Gann Grid (default setting), MACD (default setting) Preferred Time Frame(s): 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, […]
Continue readingGann Fan Forex Trading Strategy
The Gann Fan, trendline by angle technical tools, OsMA custom indicator and the exponential moving average (200) are coupled into one trading strategy i.e. the “Gann Fan forex Trading Strategy.” Newbies and advanced traders alike can adopt and implement this strategy with ease. Chart Setup MetaTrader4 Indicators: Gann Fan (default setting), Trendline by Angle, OsMA.ex4 […]
Continue readingSupport & Resistance Breakout Forex Trading Strategy
The Breakout.ex4 indicator is unique. What it does is to draw support and resistance lines over a time period of 5 days. Traders can then use these trend lines to either trade off the resistance or support lines, or trade the break of these lines. For this strategy, we will focus on trading off the […]
Continue readingRange Breakout Forex Strategy
Breakouts are areas where the price action has left the boundaries of consolidation to find new price direction. Areas of consolidation are found where the price is basically heading sideways. However, this consolidation also creates a different kind of trading opportunity. This opportunity exists within the boundaries marked by the indicator, as long as a […]
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DPO Forex Trend Line Strategy
The DPO (Detrended Price Oscillator) forex trend line strategy is an easy-to-use strategy that deploys the DetrendedPriceOscillator.ex4 indicator. This indicator works primarily as an oscillator, gauging areas where the market is overbought or oversold. As such, it can be used to trade based on extremes of price movement. However, we shall introduce an interesting way […]
Continue readingDeMarker Divergence Forex Strategy
The DeMarker forex trading strategy is forex strategy that utilizes the DeMarker.ex4 forex indicator. This indicator functions like an oscillator and is able to detect oversold and overbought conditions. It can also be used to trade divergences. The strategy described today is the divergence strategy with the DeMarker indicator. Chart Setup MetaTrader4 Indicators: DeMarker.ex4 (default […]
Continue readingLondon Box Breakout Forex Strategy
The London box breakout forex trading strategy is a trading system which uses the customized box breakout indicator to capture price breaks during the London session. Chart Setup MetaTrader4 Indicators used are: Box Breakout.ex4 (default setting) Fisher.ex4 indicator (displayed as FX-Fish Mod.) (period set to 10) Preferred Time Frame(s): M15, M30, H1, H4 Recommended Trading […]
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