Forex Rules of Swing Trading 4 H Chart Timeframe - Swing Trading Using the 4H Chart

To create a 4 Hour Swing Trading Strategy that generates the forex trading signals on the H Chart shown below - Swing Trading 4 Hour Chart - Swing Trading Using 4 H Chart. We shall use 4 H Forex trading chart to write the rules of this forex strategy - 4 Hour Swing Trading Strategy.

This 4 H Swing Strategy refers to a set of written forex rules that you as a forex swing trader follows to manage your trades on the 4 H Forex Charts. These forex trading strategy rules must be written down so that to tutorial you. This learn forex trading strategy guide will explain how to write down the rules of your forex strategy.

The keyword is a SET OF RULES which you must follow when trading. If you don't follow the rules of your forex strategy then you don't have a Forex Trading Strategy. Forex strategies must have rules which are written down within your trading plan.

Examples of 4 H Swing Trading Strategy below:

Writing Rules of a 4 H Swing Strategy - Swing Trading 4 Hour Chart - Swing Trading Using the 4 H Chart

You can create the above 4 H Swing Strategy using the steps below:

Step 1:

Choose Your Forex Chart Time-frame - 4 Hour Chart

Step 2:

Choose Forex Technical Indicators which Identify a New Trend - Moving Average Crossover Forex Strategy.

Step 3:

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

Step 4:

Define Entry & Exit Points

Buy Entry - Buy Forex Signal

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

Sell Entry - Sell Forex Signal

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

Exit Forex Signal

1. Moving Averages technical indicators gives opposite signal
2. RSI indicator gives opposite trading signal

Step 5:

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

Step 6:

Write Down the 4 H Swing Trading Strategy Rules

Step 7:

Test the 4 Hour Swing Trading Strategy on a forex trading practice trading account

After using these step by step guide you can come up with the written 4 Hour Swing Strategy Rules as displayed and illustrated below.

Writing 4 Hour Swing Trading Strategy Forex Rules

Example of How to Write 4 Hour Swing Trading Strategy Rules

This 4 Hour Swing Trading Strategy produces the forex signals as shown below. Using these forex strategy rules - traders can determine when to enter and exit trades.

4 H Swing Strategy - Swing Trading Using the 4 H Chart

We have completed writing the rules, if you are researching on how to create the best 4 Hour Forex strategy - this learn forex trading strategy guide is a good guide - you can also include the 4 H Swing Trading Strategy Rules in your Forex Plan.

4 Hour Swing Strategy - H4 Chart Trend Following Strategy - Swing Trading Using the 4 H Chart