Forex market strategies and systems: “the Sandwich on three screens”

Forex strategy “the Sandwich on three screens” is original “salad” from different strategy and one of them is System of trade of 3 screens, for trade on strategy we need to open 3 screens: H4, H1 and М5 and to receive signal confirmation on transaction opening on all in one direction. Currency pair can be any chosen by you. So how does it work?

For trade I also recommend to choose the software Metatrader 4.

1) Screen H4 – we will trade in a movement direction of exponential moving average EMA (20) to apply it is necessary to close. If the price is above EMA (20) so transactions open only on purchasing if the price more low EMA (20) – transactions open only on sale.

2) On 2nd screen – H1 (is the core) we determine trading signals by means of crossing of moving averages EMA (5), EMA (10) and EMA (15) to apply all of them as it is necessary to close.

Let’s open the transaction on purchasing if EMA (5) crosses EMA (10) and EMA (15) from below upwards.

Also we will open accordingly the transaction on sale if EMA (5) crosses EMA (10) and EMA (15) from top to down.

3) As soon as signals have appeared and have coincided in a direction on screen H1 and H4 – we pass to 3rd screen (M5) and we conclude commercial transaction.

Transactions on Sale:

Don’t forget that if the trading signal on sale (it the signal on interval H4 necessarily should confirm) is observable on 2nd screen.

On screen M5 we search for a contact by the top border of price channel Bollinger (in the event that the price is between an average line and the top border of Bollinger) or contacts with the price of an average line (in that cases if the price is between an average line and the bottom border of Bollinger).

Transactions on Purchasing:

Stop-loss is placed above a local maximum (for sale) or below local minimum for purchasing.

The take-profit isn’t established and closed a trading position after moving average EMA (5) will cross moving average EMA (10) and EMA (15) in an opposite direction.

At trade on the given strategy it is possible to use trailing-stop not to give to the market the obtained profit.

There are really a lot of great forex trading strategies that you can use for you own advantage and take profit with it, but you should find the best strategy for you and that is why it is better for you to learn all the possible strategies and then to define the best one that approaches only for your trading.

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