Level Reversal Forex Pivot Points Strategy
This system works on a 4 hour and daily timeframe. Applicable pairs to this strategy are: AU, EU, UC, UJ, UCHF, NU, GU,
AC, CJ, GJ, EJ, GA, EG, ACHF and GC.
Pivot points Levels,
The price must break a support Pivot Point level
Wait that JMO indicator come back up from overbought area and crosses upward.
The price must break a resistant Pivot point level.
Wait that jmo indicator come back down from oversold area and crosses downward.
Place your stop loss 10 pips above or below the previous swing.
First target is 20 pips.
Second target is 50 pips.
And you can look to close above 50 pips if you see fit.
Profit Target also on the Pivot points levels or Fibonacci levels.
How to install Level Reversal Forex Pivot Points Strategy?
Download Level Reversal Forex Pivot Points Strategy.zip
Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
Copy tpl file (Template) to your Metatrader Directory / templates /
Start or restart your Metatrader Client
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 Level Reversal Forex Pivot Points Strategy
You will see Level Reversal Forex Pivot Points Strategy is available on your Chart
Click here below to download:
August 13, 2019
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