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 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 that to tutorial you. This learn forex strategy tutorial will explain how to write down 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 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 Identify a New Trend - MA Crossover FX Strategy.

Step 3:

Choose Forex Indicators that Confirm the Trend - RSI, Stochastic Indicator

Step 4:

Define Entry and Exit Points

Buy Entry - Buy Signal

1. Both MAs pointing up
2. RSI indicator above 50
3. Stochastic oscillator heading up

Sell Entry - Sell Signal

1. Both Moving Averages pointing down
2. RSI indicator below 50
3. Stochastic oscillator heading down

Exit Forex Signal

1. MAs indicators generates opposite trading signal
2. 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 guide you can come up with the written 1H Swing Strategy Rules as illustrated below.

Writing 1 Hour Swing Strategy Rules

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 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 learning strategy guide is a good guide - you can also include the 1 Hour Swing Strategy Rules in your Forex Plan.

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