MA Bounce Strategy Indicator
There is an indicator which can help to identify and find place for potential market entry by MA bounce strategy.
Indicator can be downloaded by this links:
MT4 version: https://www.mql5.com/en/market/product/63190
MT5 version: https://www.mql5.com/en/market/product/63191
MA Bounce Strategy Indicator is well complemented with Trend Power indicator:
MT4 version: https://www.mql5.com/en/market/product/53102
MT5 version: https://www.mql5.com/en/market/product/53104
Strategy description
The MA Bounce Strategy is a strategy that seeks to long FX pairs on a strong uptrend as they bounce off their MA support and shorting FX pairs on a strong downtrend as they bounce off MA resistance. The best suitable periods of moving averages for that strategy are 18, 30, 50.
Strategy rules
Rule number 1, 2, 3 requires Trend Power Indicator. For this purpose you can choose one of this:
Rule number 13 requires Currency Strength Meter Indicator. For this purpose you can choose one of this:
Strategy examples:
Example 1
M15
H1
Example 2
M15
H1
Example 3
M15
H1
Example 4
M15
H1
Example 5
M15
H1
Example 6
M15
H1
Example 7
M15
H1
Example 8
M15
H1
Example 9
M15
H1
Example 10
M15
H1
Example 11
M15
H1
Example 12
M15
H1
Example 13
M15
H1
Example 14
M15
H1
Example 15
M15
H1
Example 16
M15
H1
Example 17
M15
H1
Example 18
M15
H1
Example 19
M15
H1
Example 20
M15
H1
