Forex Ichimoku Half Trend TD SWING Trading System and Strategy

Forex Ichimoku Half Trend TD is a swing trend following system filtered by long term and medium term indicator.

 
SWING TRADING is a style of trading that attempts to capture gains in a stock or currency (forex) within one to four days. Swing traders use technical analysis to look for stocks with short-term price momentum. These traders aren’t interested in the fundamental or intrinsic value of stocks, but rather in their price trends and patterns.

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BREAKING DOWN ‘Swing Trading’

To find situations in which a stock or currency has the extraordinary potential to move in such a short time frame, the trader must act quickly. Therefore, swing trading is mainly used by at-home and day traders. Large institutions trade in sizes too big to move in and out of stocks quickly. The individual trader is able to exploit such short-term stock or currency movements without having to compete with the major traders.

  • Time Frame : 240 min or daily.
  • Currency pairs : any.

 

Setting Metatrader Indicators:
  • Half Trend Td amplitude 2.
  • Long Term filter indicator (Weekly time frame)
  • Medium term filter indicator ( current time frame) joker filter
  • Supporting ADX 9 period with 22 level and smoothed moving average 3 period
  • Half Trend TD trading rules
  • Ichimoku Kinki Hyo
  • XPS iMA

 

Forex Ichimoku Half Trend TD Trading Rules

 

Buy Rules

Half Trend TD arrow buy confirmed by:

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  • Long Term filter aqua bar,
  • Medium term filter green bar,
  • and ADX > 22 level or ADX > your moving average (this condition is optional).
  • Candles above Kijun-sen
  • Chikou Span above candles
  • XPS iMA up trend

 

Sell Rules

Half Trend TD arrow Sell confirmed by:

  • Long Term filter magenta bar
  • Medium term filter magenta bar
  • and ADX > 22 level or ADX > your moving average (this condition is optional)
  • Candles below Kijun-sen
  • Chikou Span below candles
  • XPS iMA down trend

 

Re-entry

When the price movement bounce on the Half Trend Trend Line whit the same previous conditions.

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Exit at the opposite arrow or ratio 1.2 initial stop loss or traling stop that depends by time frame and currency pairs. Initial stop loss on the previous swing.

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