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.

Forex Indicators:

  • Pivot points Levels,
  • JMO indicator.

BUY ENTRY:

  • The price must break a support Pivot Point level
  • Wait that JMO indicator come back up from overbought area and crosses upward.

SELL ENTRY:

  • 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.

Target:

  • 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:



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