Strategy Swing

When using this free forex strategies that work, it is not worth counting on systematic, constant profit generation, as it is trending, and therefore shows itself perfectly only at moments of active market movement.

 

As for work during the flash, the result of the trade may go to a minus. Therefore, the profits from the strategy should be considered in the long term and be psychologically ready for decline, as according to the results of the year "Swing" show a good result. Even with lateral movement, loss-making deals are diluted profitable, which prevents the deposit from being leaked.

 

A feature of the "Swing" strategy for Forex is the fact that it is designed for the МТ4 terminal, trading is carried out on the time frame of the H1. The most profitable currency pair is EUR/USD, but this does not mean that the trader will lose his deposit by choosing another currency pair. The remaining pairs of currencies will have to be further checked. As mentioned above, with lateral movement, the trading strategy can show a negative performance, but if the market is in trend, you can earn up to 1900 points in a month. Therefore, on average for a year on Forex "Swing" allow to earn on average up to 200 points monthly.

 

Indicators used in HW

As for the indicators used, to start trading it is necessary to set the indicator MT4 Gann H4, already set to work on the 4-hour chart - it will show the real value only after closing the next 4-hour Japanese candle. Despite the fact that trade is carried out on the time frame of the Н1, the discrepancy in time intervals does not prevent, however, this indicator can change its value, which is somewhat uncomfortable, but trade does not affect.

 

The MT4 Gann H4 template created for the Swing strategy simplifies terminal preparation. The indicator is painted red if the 4-hour candle closes below the line, or blue if the 4 hour candle closes above it. This indicator is set on the screen 2 times - in the second case the time frame in settings is changed from H4 to H1, which allows to see the change of color after closing of the next hour candle. The color indication colors the line orange in the downtrend, and the green shows the growth of the Gann MT4 H1.

 

Terms and Conditions for Opening a Transaction in BUY

After closing the 4-hour candle in the "Swing" free forex strategies that work, the Gann indicator H4 painted blue and is below Gann H1.

In the Gann H1 indicator there was a change of color green to golden, which signals the beginning of the correction, the Gann indicator is H1 above the Gann H4.

Another candle above Gann H1, the color of the indicator changes golden to green - in this case at the opening of the next candle we open the BUY deal, at the same time the body of the signal candle should be white.

The setting of loss stops in the "Swing" strategy on Forex can be based on one of the following landmarks: bending of the Gann H1 indicator line or the last minimum, with the value of loss stops more than 30, but less than 55 points.

If the distance from the entry point to the Gann indicator H1 exceeds 55 points, the transaction is missed.

Teik profit is displayed at a distance of 150 points.

When the profit on the deal reaches 50 points, it is worth transferring it to a break-even.

Exit from the deal can be carried out when the color of the Gann H1 indicator changes from green to golden.

 

Terms and Conditions for Opening a Transaction at SELL

After closing the 4-hour candle in the Swing strategy, the Gann indicator H4 painted red above the Gann H1.

In the Gann H1 indicator there was a change of color from golden to green, which signals the beginning of the correction, the Gann indicator is H1 below Gann H4.

After closing the next candle below Gann H1 the color of the indicator changes from green to golden - in this case at the opening of the next candle we open the Sell deal. The body of the signal candle must be black.

The setting of loss stops in the "Swing" strategy on Forex can be based on one of the following landmarks - bending of the Gann H1 indicator or the last maximum, at the same time the value of loss stops is more than 30, but not less than 55 points.

If the distance from the entry point to the Gann indicator H1 exceeds 55 points, the transaction is missed.

Teik profit is displayed at a distance of 150 points.

When the profit on the deal reaches 50 points, it is worth transferring it to a break-even.

Exit from the transaction can be carried out when the color of the Gann H1 indicator changes from golden to green.

 

The subtleties of trading on Forex on the Swing strategy

As soon as both indicators often cross, it means a flat movement and in such a market the trend trading strategy is not effective, so it is worth refraining from entering the market at all. This minimizes losses and allows you not to lose the win due to a series of losing deals. Even if the trader decides to trade, the number of signals will be minimal. Even if signals appear at the terminal, the input efficiency will be low because the Gann indicator may H4 lag. When trading during the trend, this is insignificant, while during the flat movement the lag does not allow to earn at all.

 

Another effective option for minimizing losses is to meet management requirements, that is, the risk in each transaction should not exceed 1% of the deposit amount. The strategy of "Swing" on Forex in itself is quite profitable, so there is no point in additional risks, trying to earn even more, as the outcome of such an ill-conceived decision will disappoint you.

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