Trading Forex Pivot Points Strategy






This system uses a 15 min, 30min and 1 hour. This is applicable to all currency pairs.

Forex Indicators:

  • Pivot Points levels
  • Fibonacci Support and Resistance

SCENARIOS:

The price is below the Pivot but above S1.
  • Buy above the pivot, (if price reaches above pivot)
  • Sell below S1(if the prcies goes below S1).
The price is above Pivot but below R1.
  • Buy above R1 (if the price reaches above R1).
  • Sell below Pivot(if the price goes below Pivot).
The price is very near to pivot (+/- 0.02%)
  • Buy above R1 (if the price reaches above R1).
  • Sell below S1(if the price reaches below S1).
The price is between R1 and R2.
  • Buy above R2 (if the price reaches above R2).
  • Sell below Pivot(if the price reaches below Pivot). Take note, do not sell below R1. You must sell below Pivot.
The price is between S1 and S2.
  • Buy above Pivot (if the price reaches above Pivot).
  • Sell below S2(if the price reaches below S2). Take note, do not buy above S1, buy only above pivot.
The price is between S2 and S3.
  • Same rule applies as rule 5. Buy above pivot sell below S3.
The price is between R2 and R3.
  • Same rule applies as rule 4. Buy above R3 sell below Pivot.

How to install Trading Forex Pivot Points Strategy?


  • Download Trading 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 Trading Forex Pivot Points Strategy
  • You will see Trading Forex Pivot Points Strategy is available on your Chart

Click here below to download:




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