Forex Signal Reversal Line Swing Trading Strategy
Forex Signal Reversal Line Swing Trading Strategy:
Signal line Forex Reversal System is a swing system that find reversal price of currency pair. This forex strategy is based on trend and support/resistance metatrader indicators.
Time Frame H1 ( ref Support and Resistance H4);
Time Frame H4 ( ref Support an Resistance daily).
Metatrader Indicators
Trend and fibo alerts,
Time to next bar,
Gold line (13,21, 9),
Sof signal ( 0, 30, 9.0),
Signal line alerts (21, 3, 0),
Super signal channel alert (4),
Support and resistance indicator,
Puilse MACD (9,21, 2).
Rules for Signal line Forex Reversal System
Buy
Buy Arrow Gold line
Signal line alerts green color,
Price below H4 Support line;
Pulse MACD crosses upward.
Sell
Sell Arrow Gold line
Signal line alerts red color,
Price below H4 Support line;
Pulse MACD crosses downward.
Exit Position
When Signal line alert changes direction.
Make Profit with ratio 1.2 stop loss.
Initial stop loss on the previous swing.
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