Forex Strategy OZFX Squeeze is a universal forex trading strategy suitable for most trading activities. This strategy is based on three indicators and is traded on the H4 timeframe.
The following Forex indicators should be placed on the chart of the selected currency pair:
These indicators are usually present in the indicator library of the Metatrader4 terminal. You can also get more detailed information about these indicators, as well as download them in the Indicators section on our website.
Search for signals to open a position:
A 4-hour price chart allows the trader to take quite large movements in the market - from 100 to 1,000 points of profit. But it is quite possible to trade for shorter time periods, but at the same time for 30-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:
Conditions to enter a BUY trade:
Stoploss and Takeprofit
Since this trading strategy is trading on the H4 timeframe, which implies medium-term trading and an attempt to capture relatively large movements, it is recommended to set stoploss and takeprofit on the return signal.
When trading on the OZFX Squeeze strategy, adhere to strict risk control rules. Do not place orders of a large volume, because both in the case of a successful deal and in case of a loss-making takeprofit and stoploss, they must bring or take funds in proportion to the security of your deposit.
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