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  2. Indicators used and their purpose
  3. What is Time Frame in Forex Trading? M5, M30, H1, etc. Explained | FXSSI - Forex Sentiment Board
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Indicators used and their purpose

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  5. Necessary Necessary. Non-necessary Non-necessary. The intersection of level 20 with two Stochastic lines indicates a possible purchase. The second condition - it is necessary that the bars of the Accelerator and Awesome indicators, when the first condition is satisfied, be colored in the same color and directed in the same direction.

    What is Time Frame in Forex Trading? M5, M30, H1, etc. Explained | FXSSI - Forex Sentiment Board

    The same colors of the indicator columns and their direction confirm the overbought or oversold zone. The third condition of this trading strategy states that when the first two conditions are met, pay attention to the length of the Accelerator indicator column. The column should also touch and cross the level 80 or 20 of the Stochastic indicator.

    OZFX Squeeze H4 Forex Trading Strategy – Accurately & Profitably Exploit Fx Market Swings

    The closed candle of the price chart should be bullish or bearish depending on the direction. A 4-hour price chart allows the trader to take quite large movements in the market - from to 1, points of profit.

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    But it is quite possible to trade for shorter time periods, but at the same time for minute charts, for example, the size of the trend will be in the range of 30 - 50 points. The Accelerator indicator indicates a trend change much faster than the awesome oscillator, and their joint use gives good trading signals to enter and exit the market.

    The Accelerator Oscillator is perhaps the only Forex indicator that allows a Forex trader to open trading positions as close to the top or bottom of the trend movement. Stochastic indicates oversold and overbought levels in the market. And this is important enough to determine the points of entry into the market and exit from it. Conditions to enter a SELL trade: The lines of the Stochastic indicator crossed the level of 80, which indicates a possible overbought in the market.

    The bars of the Accelerator and Awesome indicators are directed up and both are the same color.