Quantum Trading ~ forex market hours gmt mt4 indicator download
Most new trading just doesnt like to wait for a complete and perfect trade to take place. These types of short term traders would be very happy to get into multiple trades per day for 10+ pips profit for each trade. Rather than opening one trade per day and wait until price hits the 100+ pips target.
Momentum trading or short term system is the best forex trading strategy that they can use. But with the Quantum system we are also going to include medium term or long term trading as well. The reason for that is while short term trading is the favorite strategy for new traders, they wont be beginners forever! And soon they will feel the need to trade more professionally for larger profits.
And instead of looking for another trading system, you will find long term trading strategy within this system as well as the momentum short term strategy.
hort term trading
Best to be used with 5M , 15M , 30M and 1H time frames.
Trading rules:
When the 24 EMA cross above the 124 SMA, wait until a blue bar is formed above or below the 0 line of the A.O indicator best if its above the 0 line. When that happens, open a BUY Order and set your stop loss at the last support level or 75 pips.
Your exit sign would be a red bar formed above or below the 0 line of the A.O
indicator.
Example:
Quantum trading |
The opposite conditions are used for sell orders.
When 124 SMA cross the 24 EMA, wait until a new red bar is formed above or below the A.O indicator. Best if its below the 0 line. When that happens, open a sell order and set your stop loss at the last resistance level or 75 pips.
Your exist sign is when a new blue bar is formed above o below the 0 line of the
A.O indicator.
Example:
Quantum trading |
Long Term Trading
For long term trading we are going to apply almost the same rules with few changes.
For sell orders, only sell when the red bar is formed below 0 line + 124 MA cross
above 24 MA.
And only exit when a blue bar is formed above the 0 line + 24 MA cross above 124 MA.
Example:
Quantum Trading - momentum strategy |
Notice how with this strategy you could get a lot more profits, if you can wait! And for buy orders, only buy when the blue bar is formed above 0 line + 24 MA cross above 124 MA.
And only exit when a red bar is formed below 0 line + 124 MA cross above 24 MA.
Example:
Quantum trading - Momentum Strategy |
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