traders, who do not like the delay of the standard indicators and prefer to listen as the market is speaking. The long-term strategies include a rare number of transactions and long-term position. Trading in each of these periods has its pros and cons. Entry rules: BUY when the DI line is above the -DI line, and Parabolic SAR gives buy signal. Entry rules: sell, when the DI line is below the -DI line, and Parabolic SAR gives sell signal. Various candlestick patterns, waves, tick-based strategies, grid and pending position systems they all fall into this category: Fundamental, fundamental Forex strategies are strategies based on purely fundamental factors that stand behind the bought and sold currencies. If you are using MetaTrader for backtesting or forward testing, you can use our report analysis tool to better understand the strong and weak sides of your strategy. Short-term speculation implies very frequent transactions. We've compiled a host of articles proposing different Forex trading strategies so that you can get a taste of what's out there and formulate the best trading strategy for your specific needs.
Ideally, your system should earn equally well on bullish and bearish trades, the resulting balance curve should be consistent and uniform, without significant drops or long flat periods. Interpreting the Results, however you decide to test your strategy, you need to understand the results you get. These tools are usually charts, technical or fundamental indicators, some market data or anything else that can be used in trading. Contents, forex trading cannot be consistently profitable without adhering to some Forex strategy. Indicators: Parabolic SAR default settings (0.02,.2 ADX 50 (with DI, -DI lines). Any currency pair and time frame can be used. Often, they include the standard oscillators, which are adapted for work in such conditions. During such tests, you trade normally with your strategy as if you were trading your live account. Various fundamental indicators, such as interest rates and macroeconomic statistics, affect the behavior of the Forex market. Trading on the trend, it is just funny and enjoyable to trade on the trend.