44# 4H Forex System

Submit by Forexstrategiesresources

 

Time Frame and Chats:

- 4 hour GBP/USD chart, 4 hour GBP/JPY chart ;

 

- Daily GBP/USD chart, Daily GBP/JPY chart .

Indicators:

- MACD (12,26,9)

- Parabolic SAR (0.02, 0.2)

- 6 EMA

- 13 SMA

Long Entry

- 6EMA crosses above the 13SMA and MACD lines cross indicating an upwards trend.

- 6EMA crosses above the 13SMA and the Parabolic SAR dot is under the candle indicating an uptrend.

- 6EMA crosses above the 13SMA, MACD lines cross indicating an upwards trend and the Parabolic SAR dot is under the candle indicating an uptrend.

Short Entry

- 6 EMA crosses below the 13S MA and MACD lines cross indicating a downwards trend.

- 6 EMA crosses below the 13 SMA and the Parabolic SAR dot is above the candle indicating a downtrend.

- 6 EMA crosses below the 13 SMA and the Parabolic SAR, MACD lines cross indicating a downward trend and the Parabolic SAR dot is above the candle indicating a downtrend.


Stops daily chart

Initial GBP/USD stop loss = 100 pips

Initial GBP/JPY stop loss = 150 pips

Stops 4H Chart:

nitial GBP/USD stop loss = 70 pips

Initial GBP/JPY stop loss = 90pips

Exit Position:

When 6 Ema crosses 13 EMA;

Profit Target daily chart: GBP/USD 280 pips, GBP/JPY 320 pips,

4H chart: GBP/USD 60 pips, GBP/JPY 80 pips


 

In the pictures below 4H Forex System in action.

 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 4
  • #4

    youness benbelaid (Wednesday, 29 July 2020 20:20)

    very nice strategie thanx

  • #3

    Thyo (Friday, 31 January 2020 22:06)

    Good strategy even on EUR pairs, but sucks on USD pairs.
    Good strategy if trade carefully with volume indicators, as this strategy cant filter ranging markets.

  • #2

    Herman Lionheart (Wednesday, 05 June 2019 07:51)

    Great system!! More max profit from this strategy if you know price actions and SNR either

  • #1

    Hephron Semyzan (Wednesday, 09 May 2018 05:30)

    This strategy truely works.
    But one can adjust the T.P according to how he studied the strategy by reviewing its previous crossing situation.
    Its lit. ��

4H System Forex Strategies