Inverse Head And Shoulder Pattern Forex Swing Trading Strategy For MT4
The Inverse Head And Shoulder Pattern Forex Swing Trading Strategy For MT4 works on the one-minute time frame with a five-minute expiry time. You can use it in CFD, futures, commodities and forex markets.
In this system, you will find three lead indicators - a Bollinger Bands indicator, an ATR Ratio indicator, and a Turtle Channel indicator. The last indicator is used for trend direction detection, the ATR Ratio is used for sensing the increased volatility rates because breakouts are synonymous with volatility. The Bollinger bands is used to pin-point the potential breakout move as it happens. There are only three sets of sub-requirements that need to be met in order for you to place a put or call option trade.
For you to be able to place a call option trade you need to confirm whether the market is in an uptrend - this is achieved by using the Turtle Channel indicator. An uptrend is confirmed when the dodge blue line is under the actual price action. Furthermore, the ATR Ratio has to be above the gray axis or line. The third requirement is that the price has to be showing valid signs that it is going beyond or outside of the upper Bollinger band. Immediately you see this happening open a call option trade. To open a put option trade you need to confirm whether the market is in a downtrend - this is achieved by using the Turtle Channel indicator.
A downtrend is confirmed when the red line is above the actual price action. Furthermore, the ATR Ratio has to be above the gray axis or line. The third requirement is that the price has to be showing valid signs that it is going beyond or outside of the lower Bollinger band. Immediately you see this happening open a call option trade Practice on a demo account and/or a small live binary options account - do this so that you can master your timing.
This is paramount to your success with this strategy because the breakout momentum induces price acceleration and volatility that leaves little to no room for slothful and lackadaisical entries into the market.
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Partially Automated Trading Besides Your Day Job
Alerts In Real-Time When Divergences Occur
