31# Swing Trading Forex NNFX

Submit by Janus Trader

This swing trading strategy, based on the No Nonsense Forex (NNFX) approach, utilizes a combination of custom Metatrader 4 indicators designed for trend-following and price action trading. It's a highly accurate and flexible system suitable for beginners and experienced traders alike. The strategy offers a clear setup and trade management process, focusing on H4, and Daily timeframes. It can be applied to any currency pair.

Strategy Setup

Timeframe: H1, H4, and Daily. Best TF Daily.
Currency Pairs: Any.
Platform: Metatrader 4.

Indicators Used

Percentage Change DVM: Measures dynamic volatility.
Level Plus: Custom support and resistance indicator.
Zwinner Andrea: Provides buy and sell signals via arrows.
APB Candle: Colored candles for trend direction (blue for bullish, red for bearish).
Currency Strength: Measures the strength of individual currencies.
FL 08 dots above and below the candle,
FL09,
FL11: Main Trend and Secondary Trend (Zig Zag-based): Confirms overall market trend.
Currency Changer 5.1: Quickly switches between currency pairs.
Super Dem Box Button: Identifies supply and demand zones.
Snorm Background: Shows trend direction through background shading.
Candle Volatility: Measures real-time volatility of price movement.
Qualitative Quantitative Estimation (QQE): Oscillator used for trade confirmation and exit signals.

Trading Rules

Buy Setup

Valid Volatility Alert in the sub-window.
Support Zone below the candles (optional, but strengthens the setup).
Main Trend shows a yellow dot with a star below the candle, indicating a bullish trend.
APB Candle must be blue to confirm upward momentum.
Zwinner Andrea Buy Alert: Look for a buy arrow.

Entry Trigger: Once the conditions above align, enter a buy trade.

Sell Setup

Valid Volatility Alert in the sub-window.
Resistance Zone above the candles (optional, but strengthens the setup).
Main Trend shows a yellow dot with a star above the candle, indicating a bearish trend.
APB Candle must be red to confirm downward momentum.
Zwinner Andrea Sell Alert: Look for a sell arrow.

Entry Trigger: Once the conditions above align, enter a sell trade.

Exit Strategy

Stop Loss: Set it at the previous swing high (for sell trades) or swing low (for buy trades).
Profit Target: Use a risk-reward ratio between 1:1.2 and 1:1.4.
Qualitative Quantitative Estimation (QQE) Exit:
- For buy trades, exit when the blue line crosses downwards.
- For sell trades, exit when the magenta line crosses downwards.
Opposite Signal Exit: Exit the trade if an opposite Zwinner Andrea arrow appears.

Trade Management

Stop Loss Adjustments: Consider moving the stop loss to break even after a significant move in your favor.
Partial Take Profits: If your platform allows, take partial profits at key support/resistance levels or at a set number of pips to secure gains.

This strategy leverages custom indicators to ensure high-probability trade setups and precise entries/exits. It works well in trending markets and can be optimized for different currency pairs and timeframes by adjusting the risk-reward ratio and indicator settings.

This is a winning forex strategy.