Swing Man Strategy spots possible swing areas of the market and signals the trade entry at the very beginning of the market trend so that, traders can catch the better momentum and get most out of their each profitable market entry.
Swing Man Strategy is quite applicable to trade any forex currency pair available at the market. Moreover, short-term or intraday traders can get an advantage from this system because it suits great with M15 to H1 timeframe charts.
After installing the Swing Man Strategy at your forex MT4 terminal, your trading chart will appear like the following image:
Time Frame
Currency Pairs
Indicator Factors
Ratings
M15 to H1
Any
4
9.8/10
Swing Man Strategy Anatomy
Trend Regression: This indicator creates a dynamic trend channel based on current market momentum and price action changes. Its upper channel represents the dynamic resistance and the lower channels as the dynamic support areas.
Stochastics: A widely famous forex momentum indicator that signals the overbought/oversold condition of the market. Its value reaches over 80 means market is in an overbought condition. It reaches below 20 indicates the oversold condition of the market.
Trix4Kids: It uses dual HMA bands to define the current market trend. Its bands are green and positive means the trend is bullish. For a bearish trend confirmation, you need to wait until the bands turn red and negative in value.
Swing Man Ultra Super Trix: It uses its momentum oscillators to define the current momentum of the market. Positive and rising value of this indicator suggests bullish momentum. Contrarily, its value is negative and in a falling trend means the bearish momentum of the market.
Swing Man Strategy: Buy Parameters
Price bounces upwards from the lower Trend Regression channel
Stochastics signals the oversold condition of the market
Trix4Kids are green and positive in value
Swing Man Ultra Super Trix is positive and rising upwards
Buy triggers once all of the above conditions are met
Set stop loss below the lower Trend Regression level
Exit long/take profit whenever price hit the upper Trend Regression level
Swing Man Strategy: Sell Parameters
Price jumps downwards from the upper Trend Regression channel
Stochastics signals the overbought condition of the market
Trix4Kids are red and negative in value
Swing Man Ultra Super Trix is negative and falling downwards
Sell triggers once all of the above conditions are met
Set stop loss above the upper Trend Regression level
Exit short/take profit whenever price hit the upper Trend Regression level
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.