Forex Guru Trading Strategy MT4 is yet another amazing trend following strategy that supports traders with a complete trend based market analysis solutions. It uses a set of very effective Simple Moving Averages along with other powerful trend following tools to generate the trade signal as accurate as possible.
Forex Guru Trading Strategy is widely accepted by trend loving traders along with newbie traders as well. It is very simple to read and very easy to understand so that anybody can master it. You can apply it for any currency pair and on any time frame chart.
Forex Guru Trading Strategy Overview
After finishing its installation at your mt4 platform, your chart should appear as the following image:
Time Frame | Currency Pairs | Indicator Factors | Ratings |
Any | Any | 6 | 9.9/10 |
Forex Guru Trading Strategy Anatomy
- Signal Arrows: It appears as up/downward arrows depending on trend direction to signal the market entry area and direction.
- SMA5 & SMA9: These are Simple Moving Averages based on 5 and 9-day periods respectively. SMA5 crosses above SMA9 means the bullish crossover and a SMA9 move below SMA5 is interpreted as the bearish crossover.
- Market Emotions V2: It is a momentum based indicator. It is red means the bearish momentum and blue indicates the bullish momentum respectively.
- Forex Guru Cloud: It indicates the possible change of the trend direction by just changing it color. Whenever it changes its color (any), it signals a probability trend swinging.
- Forex Guru Histogram: The histogram value above zero level indicates the bullish trend and a negative value signals the bearish trend.
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Forex Guru Trading Strategy: Buy Parameters
- Signal Arrow points upward
- SMA5 and SMA9 produces the bullish crossover
- Market Emotions turns blue
- Forex Guru Cloud changes its current color
- Forex Guru Histogram generates a positive value
- Stop loss below the SMA levels
- Exit long whenever Market Emotions turns into red color
Forex Guru Trading Strategy: Sell Parameters
- Signal Arrow points downward
- SMA5 and SMA9 produces the bearish crossover
- Market Emotions turns red
- Forex Guru Cloud changes its current color
- Forex Guru Histogram generates a negative value
- Stop loss above the SMA levels
- Exit short whenever Market Emotions turns into blue color