539# 1 hour and 4 hours trading

1H and 4H trader trading system

 

 

Submit by Mike Trader 21/02/2014

 

1hour and 4 hours trader is an trading system trend-momentum based on the indicators of the trend and the indicators of momentum.

Time Frame 15 min, 30 min, h1 and h4. Best Time frame 1h and 4h.

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, GBP/JPY, EUR/JPY, AUD/JPY, NZ/USD.

Metals: Gold and Silver.

 

 

Metarader Indicators:

Non lag doT (0, 20);

The Groovy spot;

Bid and Ask price;

Chaotic indicator (16, 4.6, 2.5);

Ama bands (9, 30, 2),

Stochastic RSI with trend wave (10, 21),

Super trend indicator (20)

 

Rules for 1hour and 4 hours trader

This is a framework template, the trading with this template is discretionary.

Options:

Trade in direction of the trend.

Trade with 3 indicators in the same direction.

Trading in multi time frame: define the trend on the 4 hour chart, after go on the 60 min chart, trade in the direction of the trend of the 4H.

 

Exit positions options:

1) At the opposite arrow ;

2) non lag dot changes colour;

3) Chaotic indicator changes directions.

 

Initial stop loss at the previous swing


 

In the pictures 1 hour and 4 hours trading in action.

In the pictures  1 hour and 4 hours trading
In the pictures 1 hour and 4 hours trading
In the pictures  1 hour and 4 hours trading
In the pictures 1 hour and 4 hours trading
1 hour and 4 hours trading
1H e 4H trader.rar
compressed file archive 88.4 KB

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Comments: 1
  • #1

    Hussain (Saturday, 18 October 2014 10:52)

    Question is how do i input this in MT4?