Swing Man Strategy is fits to trade at any forex currency pair available. Moreover, it suits with M15 to H1 of timeframe charts. So that scalper or intraday traders together can use this system.
After completely installation of the Swing Man Strategy at forex MT4 terminal, your main trading chart will appear like the following image:
Swing Man Trading System |
- Trend Regression: This indicator is a dynamic trend channel that created based on the current market condition. Its upper band represents the dynamic resistance areas and the lower one as the dynamic support zones.
- Stochastics: It's widely popular momentum indicator that signaling the overbought and oversold areas of the market. If its value reaches over level 80 means market condition is in overbought areas. It reaches below level 20 means the oversold condition on current market.
- Trix4Kids: It uses dual HMA bands to detects the market trend. If bands are green and positive value means the trend is bullish. While if its bands are red and negative value means the trend is bearish.
- Swing Man Ultra Super Trix: It is an oscillator indicator to represents the current momentum of the market. Positive value suggests bullish momentum. While negative value suggests bearish momentum.
Swing Man Trading System Indicators |
Trading rule:
BUY entry
- Price bars bounces upwards from the lower band Regression channel.
- Stochastics signals at the oversold condition.
- Trix4Kids color are green and its value is positive.
- Swing Man Ultra Super Trix value is positive and rising.
- Place Buy order when all above conditions are met.
- Place stop loss below the lower band Regression channel.
- Exit Buy whenever price bars reach the upper band of Regression channel.
Swing Man Trading System Buy condition |
SELL entry
- Price bars bounces downwards from the upper band Regression channel.
- Stochastics signals at the overbought condition.
- Trix4Kids color are red and its value is negative.
- Swing Man Ultra Super Trix value is negative and falling.
- Place Sell order when all above conditions are met.
- Place stop loss above the upper band Regression channel.
- Exit Sell whenever price bars reach the lower band of Regression channel.
Swing Man Trading System Sell condition |
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