96# Fx Eagle Dashboard
Trend Following Strategy
Submit by Dimitri
Fx Eagle Dashboard is a trend following forex strategy based on two indicators. The strategy is for both day trading and swing trading. The main feature of this
strategy is that it is simple and clear.
Strategy Setup
Time frmae 5 minuti or higher.
Currency pairs: anny.
Platform Metatrader 4.
Metatrader indicators:
Fx Eagle Dashboard default setting. The dashboard serves as the focal point of the system, presenting users with clear indications of optimal trading opportunities. Currency pairs are divided into three signals: Blue indicates favorable conditions for buying, Red signals optimal circumstances for selling, and Neutral advises to refrain from trading. These signals are continuously updated, offering traders immediate and current market analysis.
Arrow entry default setting. Signal Indicator, generates trading signals in alignment with the dashboard's analysis.
Trading Rules:
Long Entry
A buy signal occurs when the FX Eagle Dashboard is colored BLUE and the FX Eagle Signal Arrow is colored BLUE as well.
Short Entry
A sell signal occurs when the FX Eagle Dashboard is colored RED and the FX Eagle Signal Arrow is colored RED as well.
In case the FX Eagle Dashboard is colored GRAY, just don't touch the currency pair.
Exit position
Stop loss at the previous swing high/low.
Profit Target ratio stop loss1:1,25.
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