Volatility Hyper Power Forex Trading Strategy

The Volatility Hyper Power forex trading strategy is a cool way to look at price action on the activity chart and still make sense out of everything.

This strategy uses two trend following indicators to generate signals on any currency pair and timeframe.

It can be also used to trade Gold and BitCoin and other assets that can be displayed on the Metatrader 4 platform.

Learn how this strategy works below:

Chart Setup

MetaTrader4 Indicators: Volatility Hyper Trend.ex4 (Default Setting), 100pips Power_BO.ex4 (Default Setting)

Preferred Time Frame(s): 1-Minute, 5-Minute, 15-Minute, 30-Minute, 1-Hour, 4-Hour, 1-Day

Recommended Trading Sessions: Any

Currency Pairs: Any pair

Download

Download the Volatility Hyper Power Forex Trading Strategy

Buy Trade Example

Fig. 1.0

Strategy

Long Entry Rules

Enter a buy order if the following indicator or chart setup gets on display:

  1. If the blue upward pointing arrow of the Volatility Hyper Trend custom indicator pops up below price bars as depicted on Fig. 1.0, while also revealing its thick red line intersecting the thin green line bottom up (within its indicator window), it is a good buy confirmation.
  2. Following rule 1 above, if the blue vertical bar of the 100pips Power_BO.ex4 custom indicator appears within its window, it is signaling a bullish trend. The yellow vertical bars that mixes in-between are momentarily sessions of quiet within bullish trends.

Stop Loss for Buy Entry: Place stop loss 1 pip below support.

Exit Strategy/Take Profit for Buy Entry

Exit or take profit if the following rules or conditions takes precedence:

  1. If the thick red line of the Volatility Hyper Trend custom indicator turns blue while a buy signal is running, an exit or take profit should be considered at once.
  2. If the red vertical bar of the 100pips Power_BO.ex4 custom indicator gets on display within its window during an active buy alert, it is indicative of an exit or take profit.

Sell Entry Rules

Enter a sell order if the following holds true:

  1. If the red downward pointing arrow of the Volatility Hyper Trend custom indicator pops up above price bars as depicted on Fig. 1.1, while its thick blue line intersects the thin green line top downward (within its indicator window), the market sentiment is said to be bearish i.e. a sell is in the offing.
  2. If after rule 1, the red vertical bar of the 100pips Power_BO.ex4 custom indicator pops out within its window, the sentiment in the market is said to be bearish. The yellow vertical bars that mixes in-between following the red bars are momentarily sessions of quiet within bearish trends.

Stop Loss for Sell Entry: Place stop loss 1 pip above resistance.

Exit Strategy/Take Profit for Sell Entry

Exit or take profit if the following takes center stage:

  1. If the thick blue line of the Volatility Hyper Trend custom indicator turns red, an exit or take profit should be considered forthwith.
  2. If the blue vertical bar of the 100pips Power_BO.ex4 custom indicator pops up during a sell alert, it is a prompt to exit or take profit immediately.

Sell Trade Example

Fig. 1.1

Free Download

Download Volatility Hyper Power Forex Trading Strategy

About The Trading Indicators

The 100pips Power_BO.ex4 custom MT4 indicator deploys a simple color visualization scheme in defining trend i.e. red, blue and yellow which represents sell, buy and a range bound respectively.

The Volatility Hyper Trend custom indicator is a custom MT4 indicator that does not repaint and delivers alert signals.

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