93# Force and Price Action Forex Strategy
Price Action Pattern
TDI and Support and Resistance as filter.
Submit by Janus Trader
Force and Price Action Forex Strategy is for multiday trading the idea of this strategy is to trade in the direction of the strength of the momentum and the price action, in other words the direction is determined by the reaction on the support or resistance and by the confirmation of the strength indicator of the moment or the TDI, this is a winning combination. So just follow these combinations with confidence. This strategy gives excellent results at high time frames both in terms of profitability and money earned. The strategy can be used both in terms of multiday trading and as a drawer with weekly time frame. I recommend the 4 hour or daily time frame.The timing indicator is customized and consists of the Price Action Pattern.
Setup strategy
Time Frame H1 or higher.
Currency pairs: volatility pairs, GBPUSD,AUDUSD, GBPCAD, GBPAUD, EURAUD, EURNZD, EURCAD, AUDJPY, NZDUSD, CHFJPY, NASDAQ100, AUS200, VIX.
Metatrader 4 indicators
Support and resistance Zone with verified zone. 1 time frame higher than the trading one must always be configured.
Trend reverse
Price Action Pattern below the chart.
TDI Pro.
Trading Rules Force and Price Action Forex Strategy
Buy
Price bounces off the
support.
TDI PRo crosses upwards.
Buy arrow of Price Action Pattern.
Sell
Price bounces off the
resistance.
TDI PRo crosses downwards.
Sell arrow of Price Action Pattern.
When there is a nearby resistance support, give priority as direction to the verified or weak SR, never to the unverified or turnocat.
Exit position
Place initial stop loss below/above the support or resistance line or at the previous swing hig/low.
Exit position befor of the level of support or resistance, at opposite arrow, or with ratio 1:1.3.
Note: The signal, which can also disappear if the immediately following conditions change, must be confirmed in a mandatory way by the crossing of the TDI. Probably there were other signals that have disappeared but it is not said, but in any case they could also be filtered and the balance of the pips was still winning.
Examples of trades.
Telegram Web: https://t.me/freeforexresources
Muhammad Ali Haider (Sunday, 23 January 2022 12:39)
good indicator
erick (Friday, 10 December 2021 01:50)
can you help me. i install the indicators but no arrow. what should i do. thanks
by the way this is very good indicator
Legrand (Thursday, 27 May 2021 23:07)
This is a very good one. Thanks.