1 Hour Swing Strategy Rules: XAUUSD Rules of Swing 1 Hour Chart Timeframe

To create a 1 Hour Swing Strategy that generates the signals on the H Chart illustrated below - Swing H1 Chart - Swing Trading Using 1 Hour Chart. We shall use the 1 H chart to write the guidelines of this xauusd strategy - 1 Hour Swing Strategy.

This 1 Hour Swing Strategy refers to a set of written xauusd guide-lines that you as a xauusd swing trader follows to manage your trades on the 1 Hour Charts. These strategy rules must be written so as to tutorial you. This learn xauusd strategy lesson will explain how to write down the rules of your gold strategy.

The key-word is SET OF RULES which you must follow when trading. If you do not follow the rules of your strategy then you do not have a Gold Strategy. Strategies must have guidelines that are written within your trading plan.

Example of 1 H Swing Strategy below:

Writing Down Rules of a 1 H Swing Strategy - Swing 1 Hour Chart - Swing Trading Using 1 Hour Chart

You can create the above H1 Swing Strategy using the steps below:

Select Your Time Frame - 1 Hour Chart

Select Indicators which Identify a New Trend - Moving Average Cross over Strategy.

Select Indicators that Confirm the Trend - RSI Indicator, Stochastic Indicator

Define Entry and Exit Points

Buy Signal

1. Both Moving Averages pointing up
2. RSI above 50
3. Stochastic oscillator heading up

Sell Signal

1. Both MAs pointing down
2. RSI below 50
3. Stochastic oscillator heading down

Exit Signal

1. Moving Averages indicators gives opposite signal
2. RSI indicator generates opposite signal

Calculating risks in each trade - Choose the number of Pips to set for the stop-loss for your open xauusd trades

Write Down the 1 Hour Swing Strategy Rules

Test the 1 H Swing Strategy on a practice account

After using these gold step by step tutorial you can create written 1 Hour Swing Strategy Rules as illustrated and shown below.

Writing 1 Hour Swing Strategy XAUUSD Rules

Example of How to Write the Best 1 H Swing Strategy Rules

This H1 Swing Strategy produces the signals as shown below. Using these strategy rules - traders can determine when to enter & exit trades.

1 Hour Swing Strategy - H1 Chart Trend Following Strategy - 1 Hour Candles Break out Strategy

We have finished writing the rules, if you're researching on how to create the best H1 strategy - this learning xauusd strategy lesson - you can also include the 1 Hour Swing Strategy Rules in your XAUUSD Plan.

1 Hour Swing Strategy - H1 Chart Trend Following Strategy - 1 Hour Candles Break out Strategy