Pinbar Filtered By Value Chart Forex Patterns Strategy
This system is based on price action and overbought and oversold. You can use this in a 5 minute timeframe or hihgher. This is also applicable to any financial market.
No trade should be taken befor economic news for intraday traders.
Expiry time: 3 candles.
Pin Bar indicators,
Bands (20, 2), optional.
Value chart (ob level 6- os level -8)
When the appears the buy alert of the Pin Bar if in the same time the Value Chart indicator is in OS -8.
Place a buy pending order 1 pips above the high of the pin bar candle.
When the appears the sell alert of the Pin Bar if in the same time the Value Chart indicator is in OB 8.
Place a sell pending order 1 pips below the low of the pin bar candle.
The best target is ratio 1.25 stop loss or the middle band.
Stop loss 2 pips below/above the bands or 1 pips above/below the Pin Bar candle.
How to install Pinbar Filtered By Value Chart Forex Patterns Strategy?
Download Pinbar Filtered By Value Chart Forex Patterns 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 Pinbar Filtered By Value Chart Forex Patterns Strategy
You will see Pinbar Filtered By Value Chart Forex Patterns Strategy is available on your Chart
Click here below to download:
August 13, 2019
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