Your support is fundamental for the future, to continue sharing the best free strategies and indicators.


76# Barros Swing Strategy

Projection of support and resistance zones

Trading idea with Barros Swing indicator

Submit by Lorenz

 

Barros Swing Strategy is a trading idea based on Barros swing indicator that projects support and resistance zones based on previous market movements where we expect the market to have a trend reversal. The trading system is also composed of other indicators (digital CCI filter), Heiken Ashi and half trend V.1. The particularity of the digital CCI filter is the ease with which to identify the divergences that can be interpreted as a confirmation of the support / resistance zones identified by the Barros Swing. In any case, the basic idea of my system is to follow the trend starting from the S / R areas identified by the Barros Swing mq4 indicator.

 

The Barros Swing strategy is suitable for dayand swving trading.

Time frame 5 min or higher.

Currency pairs:any.

 

Metatrader Indicators 4

Barros Swing mq4 indicator (default setting).

Half Trend (period 2).

CCI filter (14 period).

Heiken Aschi MA T3 New version (period 21).

 

Trading rules Barros Swing Strategy

 

Buy

Price bounces on the Primary-Boundary support area.

CCI> 0, bar with green color is desirable.

Hekein Ashi T £ MA color blue.

Buy arrow of half trend indicator.

 

Sell

Price bounces on the Primary-Boundary resistance area.

CCI< 0, bar with red color is desirable.

Hekein Ashi T 3 MA color blue.

Sell arrow of half trend indicator.

 

Continue to take positions in the opposite direction to the S / R area of the price rebound. If an area is broken then there is a false bounce waiting for a new area to be formed. The signal is confirmed or with CCI (red / green or Heiken Ashi t3 MA Blue / orange). Initial stop loss on previous swing high/low. Profit target discretionary.

 

Concluding the Barros Swing indicator wants to be the compass for sailors, therefore, an instrument that has the ambition to indicate the direction of the market for the trader.

In the pictures Barros Swing Strategy in action.

Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy

Share your opinion.

Barros Swing Strategy
Barros Swing Strategy
Barros Swing Strategy.rar
compressed file archive 170.6 KB
Comments: 0
https://www.forexstrategiesresources.com/.../elliott-wave-metatrader-indicator /
The popular indicators in this list are: IBFX Wave, 3 level ZZ Semafor, dzani9_Elliotwave_confirmation, FX5_NeelyElliotWave Metatrader Indicator, Elliott Wave ...
https://www.forexstrategiesresources.com/elliott-wave-analysis/
Provide Guidance for Entering and Exiting Positions. In the pictures below the description of the complete market cycle. Elliott Wave the complete market cycle.
https://www.forexstrategiesresources.com/.../Basic_Elliot_Wave.pdf?t...
File Format: PDF/Adobe Acrobat
indicative of future results. www.dailyfx.com www.fxcm.com sales@fxcm.com. 1.212.897.7600. 1.888-50-FOREX. Basic Guide to. Understanding ElliottWave.
https://www.forexstrategiesresources.com/.../Elliott+Wave+Crash+Course.pdf ?...
File Format: PDF/Adobe Acrobat
http://www.elliott-wave-theory.com. Page 1. Elliot Wave Crash Course. 1. General . The Elliott Wave principle was discovered in the late 1920s by Ralph Nelson ...
https://www.forexstrategiesresources.com/.../544-elliott-wave-trading-system/
Elliott wave trading is a wave pattern in Forex or stock trading technical analysis to identify and read the market price trends by determining tops and bottoms in ...
https://www.forexstrategiesresources.com/.../12-murrey-mat-and-elliott-waves/
12# Murrey Math and Elliott Waves System. From collection Xard777 27/11/2011. Murrey Math Trading Rules: What was the total range of today's Trading action ...
https://www.forexstrategiesresources.com/.../forex-books-about-elliott-wawe- fibonacci-and-gann/
Eleven Elliott Wave Patterns.pdf. Eleven Elliott ... Elliott Waves - Advanced - Applying tech. Elliott Waves ... Elliott Waves Principle Key to Market B. Compressed ...
https://www.forexstrategiesresources.com/elliott-wave-analysis/ii/
When you are watching a pattern develop on a chart, how can you be sure that your wave count is correct? The Elliott Wave Principle offers rules and guidelines  .