Profitable 4-hour forex trading strategy Xoindatr
Profitable 4-hour Forex trading strategy, which I want to tell you about today,
built on the readings of the Xoindatr indicator. Hence its name. System
demonstrated good trading statistics on different currency pairs. But optimal
There is only one timeframe for making a profit - H4. In addition to Xoindatr, in this trading system
an additional indicator is also used - SSL. You will find them in the archive, link to
download which I will give at the end of the article. Indicators are installed on the chart as usual
way. The only thing that needs to be done is to add two levels in the Xoindatr settings:
1 and -1.
Opening trade deals for purchases
A profitable 4-hour trading strategy works as follows. First we look at
Xoindatr indicator readings. If its columns are between levels 1 and -1, then
the time to enter the market has not come. If the green bar is above level 1, then
this is a buy signal. If the dots of the SSL indicator are blue, then
open a buy order. Stop-loss is set slightly below the low of the candle, which became
signal. However, if its size turns out to be very small (as in my example on
screenshot), then increase SL to 50 points (for 4 digits). That is, it cannot be less
this value. But a very large SL is also inefficient. The maximum allowable stop is 100
points. As for the take profit, its size should be three to four times larger
stop loss size. As you can see on the screenshot, all the conditions for opening a buy order were
observed. The deal was closed with a profit.
Opening trade deals for sale
In this case, we proceed by analogy, but with the appropriate amendments. In order to
to open a sell order, the following conditions must be present on the chart. indicator bar
Xoindatr red is below level -1. At the same time, the SSL indicator also turned into
Red color. The rules for setting stop loss and take profit are the same.
Sell trade example
third of the distance to TR.
Profitable 4-hour forex trading strategy Xoindatr allows you to earn on the market
forex due to the fact that possible losses are three times less than possible profits. But before
Before you start trading, you must make sure on your demo account that the system
The trading that I have told you about is showing good results.
Those who are interested in the TS can download the indicators from the link below:
