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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
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Example 2
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Example 3
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Example 4
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Example 5
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Example 6
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Example 7
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Example 8
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Example 9
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Example 10
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Example 11
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Example 12
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Example 13
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Example 14
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Example 15
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Example 16
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Example 17
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Example 18
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Example 19
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Example 20
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