1 Hour Swing Strategy Rules - Swing Trading Using the 1H Chart

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

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

The key-word is SET OF RULES which you must follow when trading. If you don't follow the rules of your strategy then you don't have a Forex Strategy. Strategies must have rules that are written within your trading plan.

Examples of H1 Swing Strategy below:

Writing Rules of a 1 H Swing Strategy - Swing Trading Using the H1 Chart

Writing Rules of a 1 Hour Swing Strategy - Swing Trading H1 Chart - Swing Trading Using 1 Hour Chart

You can create above 1 Hour Swing Strategy using the steps below:

Step 1:

Choose Your Forex Chart Time Frame - 1 Hour Chart

Step 2:

Choose FX Indicators that spot a New Market Trend - MA Crossover FX Strategy.

Step 3:

Choose Forex Indicators which Confirm the Market Trend - RSI, Stochastic Technical Indicator

Step 4:

Define Entry and Exit Points
Buy Entry - Buy Trade Signal
Both MAs pointing up
RSI indicator above 50
Stochastic oscillator trading heading up
Sell Entry - Sell Trading Signal
Both Moving Averages pointing down
RSI indicator below 50
Stochastic oscillator trading heading down
Exit Forex Signal
MAs indicators generates opposite trading signal
RSI indicator gives opposite signal

Step 5:

Calculating risks in each trade - Choose the number of Pips to set for forex stop loss order for your open trade transactions

Step 6:

Write Down the 1 Hour Swing Strategy Rules

Step 7:

Test the 1 Hour Swing Strategy on a practice trading account

After using these step-by-step lesson you can come up with the written 1H Swing Strategy Rules as illustrated below.

Writing 1 Hour Swing Strategy Rules

Write Rules 1 H Swing Strategy - 1 Hour Swing Forex Strategy - Swing Forex Using 1 H Chart PDF

Example of How to Write H1 Swing Strategy Rules

This 1 H Swing Strategy produces the trading signals as illustrated below. Using these forex strategy rules - traders can determine when to enter and exit trades.

1 Hour Swing Strategy - 1 Hour Chart Trend Following Strategy

1 H Swing Strategy - Swing Trading Using 1 Hour Chart

We have finished writing the forex rules, if you are researching on how to create the best 1H strategy - this studying strategy guide is a good lesson - you also can include the 1 Hour Swing Strategy Rules in your Forex Plan.

1 H Swing Strategy - 1 Hour Chart Trend Following Trading Strategy - 1H Candle Break-out Strategy

Study More Tutorials and Lessons:

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