4H XAUUSD Chart Strategies
4H XAUUSD Time-Frame Trading
An example of 4H XAUUSD Simple System - that's a combination of:
- MA Crossover Strategy
- RSI Indicator
- MACD
4H XAUUSD Examples Method Rules are:
4H XAUUSD Chart Strategy - 4 H XAUUSD Chart Strategies - H4 XAUUSD Example Strategy - 4 H XAUUSD Time-Frame Strategy Method
Trading Rules: 4H XAUUSD Trading Timeframe Strategy - 4 H XAUUSD Indicators
Buy Signal is Generated when: - 4H XAUUSD Trading Timeframe Strategy - 4 H XAUUSD Indicators
- Both moving averages moving up
- RSI is above 50
- MACD above center line
Sell XAUUSD Signal is Generated when: - 4H XAUUSD Trading Timeframe Strategy - 4 H XAUUSD Indicators
- Both moving averages moving down
- RSI is below 50
- MACD below center line
4H XAUUSD Trading Timeframe Strategy - 4 H XAUUSD Time-Frame Trading - 4H XAUUSD Indicators
Exit Signal - 4 H XAUUSD Chart Strategy Method
Exit signal is generated when Moving Averages, RSI & MACD indicators give a signal in the opposite market trend direction.
The chart timeframe to use is 4H XAUUSD Trading chart timeframe.
For a beginner trader wanting to come up with a 4 H XAUUSD Chart Strategy Method the above written rules will give a good examples template of a 4 H XAUUSD Chart Strategy that can be used to generate buy and sell signals - 4H XAUUSD Chart Strategies - H4 XAUUSD Example Strategy - 4 H XAUUSD Trading Timeframe Strategy - 4 H XAUUSD Time-Frame Trading - 4H XAUUSD Trading Simple System.
4H XAUUSD Chart Strategy - 4 H XAUUSD Example Strategy
Generating Signals with this 4H system is the best technique that a beginner can attempt to determine market trend & with a little back-testing on practice trading account so as to test this 4H XAUUSD System
The best way to backtest a strategy is by following these two steps:
- Paper Trade your 4H XAUUSD Trade Simple System
- Demo Trade your 4H XAUUSD Trade Simple System
A good tool to use to backtest your 4 H XAUUSD Simple System is referred to as the MT4 Gold Step by Step Tool. Found on MetaTrader 4 charts toolbar of MT4 software, If you want to find the chart tool-bar in the MT4 software it's at the top of MetaTrader 4 software. If it's not: Click View (next to file, left top corner of MetaTrader 4)>>> Tool-Bar >>> Charts. Then click the Customize button key >>> Choose XAUUSD Step by Step >>> Click on Insert >>> Close.
MT4 4H XAUUSD Chart Tool Bars - How to Trade 4 H XAUUSD Chart for Beginner Traders
MT4 XAUUSD Step by Step Button for 4H XAUUSD Chart Strategy - 4 H XAUUSD Chart Strategy - 4 H XAUUSD Chart Methods
Once you get this MetaTrader 4 tool you can move your 4H XAUUSD chart backwards, and use this MetaTrader 4 xauusd step by step button to move the 4H XAUUSD Trading chart xauusd step by step while at the same time testing when your 4H XAUUSD Trading simple system would have generated either a buy or sell signals, and where you'd have exited the trades, then write down the amount of profit or loss per trades made using the 4 Hour Chart Strategies & out of a sample number of trade transactions you would then calculate the overall profits and losses generated by the 4H XAUUSD Chart strategy - 4 Hour Chart Strategy Method.
If your 4 Hour trading strategy is profitable on the paper trading method then, it's time to demo trade & test if the 4 Hour Chart Strategy is profitable on real market as it's on paper technique. This is the process of back-testing 4 Hour Chart Strategy.
Maintain a Journal to keep track of profitable trades, & determine why these trades were profitable. And also keep a record of all the losing trades, figure out why these trades made a loss & the avoid making these same mistakes the next time you trade using your 4 Hour Chart Strategies.
Tweak your system until you get a good risk:reward ratio, with the signals that you generate. Aim for a good risk: reward of 3:1 & use money management rules and read the lesson about: Risk : Reward Ratio - 4H XAUUSD Chart Strategy - 4 H XAUUSD Chart Strategies - H4 XAUUSD Example Strategy.
4H XAUUSD Chart Strategy - 4 H XAUUSD Chart Strategies - H4 XAUUSD Example Strategy Method
