147# Alcon Forex Strategy
Trend Momentum Strategy
TDI , MACD, with Slope
Submit by Dimitri
Alcon Forex Strategy is a Momentum forex strategy based on MACD Traders Dynamic Index and Slope. You can trade with this strategy on all time frames although I recommend using it from the 15 minute time frame onwards. The strategy is based on indicators that do not repaint so it is simple to execute.
Time Frame 5 minutes or higher.
Currency pairs: all.
Metatrader 4 indicators setting:
MACD (10, 20, 8)
TDI default setting.
Slope colored (20 periods, close).
Paint bar (default setting).
Trading rules Alcon Forex Strategy
This system is based on Emas breaks, they indicate volume
volatility where the price will go.
And less important: The black arrows indicate the
direction to which you will
operation, we should not depend on these since they repaint, it is the least indicator
important of the system.
SECOND RULE: the most important
The red line is an ema of support and resistance, when the green and blue line is penetrate indicate force, when this happens we must be ready to put a operation; sometimes we have to anticipate it depends on the practice and study that these should be as close as possible
third rule: it is the color change of candles, the blue
and red candles indicate bullish and bearish force, the green and yellow ones indicate normal movements without a lot of strength.
Our entry is when the candle change occurs
A perfect entry would be so:
tickets can be 3 or 5minutes, this system in any pair for example eurusd gives 5 tickets in an hour, i use it in 3 pairs at a time and i'm looking for a 4-0, enough to operate one hour a day.
There are times when we will enter without the
Rule 1, with rule 2 and 3 we can win, but there is more probability of
Get the rule 1 right. You can trade against and in favor of the trend, but there area greater probability of winning if we enter in favor.
Practice it a lot, adapt it to your operation, happy trade.
Examples of trades
Telegram Web: https://t.me/freeforexresources