Forex M30 H1 Time Frame Trading: High Accuracy Pivot All Levels Trading With Daily Weekly Open Trading System

BEST Forex M30 H1 Time Frame Mechanical Trading Strategy – Super high accuracy Forex Pivot All Levels Trading With Daily-Weekly Open Trading System. This method allows traders to enter transactions without emotion and take the trade regardless of what is happening in the markets.

Forex-Pivot-All-Levels

Mechanical trading systems are systems that generate trade signals for a trader to take. They are called mechanical because a trader will take the trade regardless of what is happening in the markets.

 

How Pivot Points Work

Pivot points provide a standard support and resistance function on the price chart.

When price action reaches a pivot level it could be:

  • Supported/Resisted
  • Extended (breakouts)

If you see the price action approaching a pivot point on the chart, you should treat the situation as a normal trading level. If the price starts hesitating when reaching this level and suddenly bounces in the opposite direction, you can then trade in the direction of the bounce.

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However, if the price action breaks through a pivot, then we can expect the action to continue in the direction of the breakout. When price clears the level, it is called a pivot point breakout.

 

Pivot All Levels With Daily-Weekly Open Trading

To enter a pivot point breakout trade, you should open a position when the price breaks through a pivot point level. If the breakout is bearish, then you should initiate a short trade. If the breakout is bullish, then the trade should be long.

This is Intra-Day trend following strategy based on pivot point breakout and Daily Weekly Open method.

  • Best Time Frames: M30 and 1H time frame
  • Recommended Currency Pairs: GBPUSD, EURUSD, USDJPY, …and All Major Pairs 

 

Metatrader Trading Indicators:
  • Pivot All Levels Trading
  • Daily-Weekly Open
  • Signal Trend
  • William’s Percent Range
  • SFX MLC (5,6,2,0,)
  • CM
  • The Secret Trend indicator
  • FXST3 CCI indicator (14,4)

 

BUY Rules

Forex-Pivot-All-Levels-BUY


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  • Price upward above Pivot Point Level
  • Price upward above Daily Open
  • Price upward above Weekly Open
  • Daily Open line above Weekly open line
  • Alert BUY: SFX MLC indicator pink line is > Dodger blue line; but, to confirm the entry long at least five of the following conditions must be met.
    • FXST3 CCI indicator has green bars
    • CM indicator has green bars
    • The Secret Trend indicator has dots Dodger blue
    • William’s Percent Range above -50 level
    • Signal Trend green color bars
  • After the conditions are met, we proceed to trade BUY when the price retraces the pink line

 

SELL Rules

Forex-Pivot-All-Levels-BUY

  • Price downward below Pivot Point Level
  • Price downward below Daily Open
  • Price downward below Weekly Open
  • Daily Open line below Weekly open line
  • Alert SELL: SFX MLC indicator pink line is < Dodger blue line; but, to confirm the entry short at least five of the following conditions must be met.
    • FXST3 CCI indicator has red bars
    • CM indicator has red bars
    • The Secret Trend indicator has dots red
    • William’s Percent Range below -50 level
    • Signal Trend red color bars
  • After the conditions are met, we proceed to trade SELL when the price retraces the pink line
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EXIT Rules and Position
  • When SFX MLC change direction
  • Whit predetermines profit Target that depends on time frame and currency pairs

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