Best High Accuracy Forex H4 Trading System and Strategy (A Simple Swing Trading System For H4 Timeframe). ForexWOT Multi Signals Swing trading is playing an individual trading cycle on the H4 time frame using the trend Multi Signals indicator.
These two timeframes (H4, D1) are perfect for trading the forex market. 4-hour candles are very popular because the forex market is open 24 hours a day unlike any other market. This fact gives whole six 4-hour candles inside each trading day.
In the 4-hour timeframe, there is a much bigger chance to find a good signal.
The market always pays more attention to daily timeframe. So, if you’re going to open trades in H4 you should always check whether your entry and most importantly exit levels do not interfere with trend lines of a daily timeframe.
Although it should happen rarely because trades in H4 should be done quick with much tighter stop-loss and take-profit targets.
ForexWOT Multi Signals Trading Rules
ForexWOT Multi Signals 4H Trading system is a forex strategy trend-momentum based on multi filter indicators.
- Best Time Frame : 4H
- Recommended Currency Pairs : GBP/USD, USD/JPY, and GBP/JPY
MetaTrader Technical Indicators
- Exponetial Moving Average (period 5);
- Exponetial Moving Average (period 21);
- Support and resistance;
- Sinergy Bar,
- Dynamic Zone Stochastic ( 14,3,3, 18).
- Signal Trend
- Multi Signals
- BOT CCI Oscillator
General Trading Rules
- If we are within an uptrend we look only long entry at the bottoms of the channel and when we’re inside an downtrend we’re looking to market the tops.
BUY Rules
- EMA 5 > EMA 21
- Multi Signals blue color
- Signal Trend Green color
- Dynamic Zone Stochastic break lower band and re-entry into channel to upward
- The price is above the resistance that is formed
- Heiken Ashi Blue color
SELL Rules
- EMA 5 > EMA 21
- Multi Signals blue color
- Signal Trend Green color
- Dynamic Zone Stochastic break lower band and re-entry into channel to upward
- The price is above the resistance that is formed
- Heiken Ashi Blue color.
EXIT Rules and Position
- When the colour of the Synergy candle changes
- Profit Target 60, 100 pips depends by currency pairs
- Initial stop loss on the previous swing
TRADING Note
This ForexWOT Multi Signals Swing Trading Strategy makes less trades per month for currency. But it has a high profitability.