Dark Forex Strategy – Before we start remember that no matter what you are trading, what your strategy is, you have to follow three important rules in order to make profit. Do not use high leverage. Risk and money management are important part of trading. One more important thing; never get motioned from other trader’s calls, only trade what you triggered by yourself, it is the only way to learn mastering your system and be successful.
Open EUR/USD, GBP/USD, USD/CHF or any other major pair that you want to trade. Set chart time frame to 15mins and apply the template (you can download it at the bottom). Take a look at Manual Dark Strategy:
The right side of the chart is not a part of this trading system, however it is very useful because it will remind you economic news releases, session open and close times. It’s “! IN10TION NewsReader v09.99k lite.ex4” (Read more about IN10TION NewsReader indicator) MetaTrader Indicators (you will download it later) etc.
Now let me explain you Manual Dark Strategy, it is very simple. Examine the chart below please:
1. This is non-lag ma indicator which is a part of this trading system so pay attention when it changes color.
2 This line shows daily open value.
3. SSL bar which detects trend on larger time frame.
Manual Dark Strategy Trading rules:
Trade only between 06:00 GMT and 21:00 GMT. Ignore the signals generated after these hours.
- Go long (buy) when both non-lag ma (1) and SSL bar (3) are green.
- Go short (sell) when both non-lag ma (1) and SSL bar (3) are red.
The first area shows a “sell” signal. Non-lag ma turns to red color when SSL bar is red.
The second box shows a “buy” signal. As you can see non-lag ma turned to green earlier (and SSL bar is green as well), but we did not open a position at that time because our first rule is to trade between 06:00 GMT and 21:00 GMT.
Download Dark Forex Strategy Indicators and Templates
- ! IN10TION NewsReader v09.99k lite.ex4
You will get alerts by Dark Forex Strategy but take care about other info from chart before you open position.
Update for Pierre (comments) – 09/23/2013
SSL send alert M240 as you can see on SSL properties that is H4 time frame, you always need to read for which time frame are you get alert. Because you can look at M5 chart and get alert for H1 time frame.