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Home » 5 Min Strategy Trade

5 Min Strategy Trade

by Dave Posted in Forex Strategies

5-min-strategy-trade

This strategy is optimized for 5 minute trading style. Strategy include follow indicators and template:

1. Fiji Trend_alerts
2. smFisherTransform3
3. Solar Winds joy
4. Template – 5 min strategy trade

Strategy is not miracle, but if you follow simple rules you can make 20 pips a day in average.

Buy signal – buy rules

1. When you get M30 Fiji green signal.
2. Solar wind joy is green.
3. sm fisher Zero is top is blue.
4. m15 Fiji green.

When all signals agree you should enter buy trade

Sell signal – sell rules

1. When you get M30 Fiji red signal.
2. Solar wind joy is red.
3. sm fisher Zero is top is red.
4. m15 Fiji red.

Download 5 Min Strategy Trade indicators and template

Filed Under: Forex Strategies Tagged With: Forex Strategy, Trading

← Previous Trend Testing Indicator – Indicator Based on EMA 200
Next Beginner Alert MT4 →

Comments

  1. Akhil says

    November 21, 2014 at 6:21 pm

    hai dave…

    this thing looks gud….thnx buddy..

  2. DRIIE says

    November 23, 2014 at 8:42 am

    SOLAR WIND REPAINTS

    • Dave says

      November 24, 2014 at 1:10 pm

      Yes until candle is close, so basically indicator don’t repaint. You need to wait to candle close before you make decision.

      • john culbreth says

        December 20, 2014 at 5:40 am

        sweeet system

  3. Akhil says

    November 24, 2014 at 7:24 am

    can u elaborate on the exit strategy….

    • Dave says

      November 24, 2014 at 1:08 pm

      I would use fix TP (10-20pips per trade), since this is 5 min time frame it’s really hard to catch 50-100 pips per trade.

      However if you like to catch huge trends you need to use other strategy which would be based on H4 or daily chart analysis, in this case you should use this strategy as signal for trade enter.

      If you want to trade everything on this strategy follow this rules.

      1. Trade when market trending
      2. Take 10-20 pips per trade
      3. Trade on your favorite pair
      4. Make pips

      Good luck.

  4. DEREK LEUNG says

    December 17, 2014 at 1:30 am

    Why I have 3 indicators?not 4. I think I miss one of the Fiji indicator

    • Dave says

      December 17, 2014 at 7:14 am

      Are load template? Basically first and third are the same, just with different settings (first M30, second one M15 timeframe)

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