Forex Trading for Maximum Profit – Forex Maximum Profits with DeMaker and Tenkan-sen Kijun-sen Trading Indicator.
The DeMarker is classified as an “oscillator” since the resulting curve fluctuates between values of zero and “1”, although some variants of the indicator have a “100” and “-100” scale.
The indicator typically has lines drawn at both the [ “0.30” and “0.70” ] or [ “0.5” ] values as warning signals . “0.30” and “0.70”, values exceeding either boundary are deemed more risky, while values within are considered low risk. Overbought and oversold conditions are imminent when the curve crosses over these boundary lines, respectively.
Applications for the Tenkan-sen and Kijun-sen Cross
The most common usage of the Tenkan and Kijun are the ‘cross’ or what we call the TKx (Tenkan-Kijun Cross). Similar to how a MACD uses a cross of its two lines, the Ichimoku Cloud does the same. It is interesting to note that the Ichimoku uses the same periods as the MACD, however it was created over a decade earlier.
One of the main signals for Ichimoku traders, the TKx can often indicate when a trend is about to begin by forming a cross (upward cross = possible upward trend while downward cross = possible down trend).
A generic upward cross can be used as a bullish signal (or exit for people already short) and a generic downward cross can be used as a generic bearish signal (and vice versa for current bulls). However, notice we used the term ‘generic’ meaning there is more to the cross.
DeMaker Oscillator and Tenkan-sen Kijun-sen Trading Rules
Forex Maximum Profits with DeMaker Oscillator and Tenkan-sen Kijun-sen Trading Indicator is an template for Metatrader 4 build with Strength Finder forex trading indicator programmed by Madlen. This template works with sideways market and medium trend market. This strategy is or intyraday and swing trading.
- Best Time Frame : 30 min or higher.
- Financial Markets : any.
Trading rules Ultra Momentum Trading
- DeMarker indicator upward above 0.5 line
- Tenkan-sen coss above Kijun-sen
- Strength Finder 2.01 line green color,
- DeMarker indicator downward above 0.5 line
- Tenkan-sen coss below Kijun-sen
- Strength Finder 2.01 line red color,
- Place profit target with ratio 1:2 or 1:3 stop loss
- Place initial stop loss on the previous swing high/low
Risk Only What You Can Afford to Lose
Before a trader begins using real cash, it is imperative that all of the money in the account be truly expendable. If it is not, the trader should keep saving until it is.
It should go without saying that the money in a trading account should not be allocated for the kid’s college tuition or paying the mortgage. Traders must never allow themselves to think they are simply “borrowing” money from these other important obligations. One must be prepared to lose all the money allocated to a trading account.
Losing money is traumatic enough; it is even more so if it is capital that should have never been risked to begin with.