Forex strategy: "Passable zone" for H1

In this article, we will analyze the trading rules of the “Passable Zone” indicator forex strategy.

This is a fairly simple algorithm that any novice trader can adopt.

What do you need to work?

To prepare for trading, you will need to follow the instructions below:

1. Register from a trusted broker;
2. Install Metatrader 4 terminal;
3. Choose any asset available in the MT4 platform;
4. Set the hourly time interval;
5. Download the files of the TS "Passable zone". You can find them below at the link at the end of the article;
6. Restart Metatrader 4 and add the downloaded template to the chart prepared for work.

Note: if you don't know how to properly set up the MT4 platform or add indicators with a template to it, see the section "Trading terminal metatrader". It contains all the basic information that will be useful to any novice trader.

Indicator composition

The Passable Zone TS includes two types of indicators. The former allow you to determine the trend, while the latter serve as a filter to remove all low-quality signals.

Indicators that are used to determine the trend:

• movingAverage;
• DED;
• ZONE.

Indicators that are used to filter out all false signals:

• DDS;
• TTL;
• true trend.

If you have figured out the purpose of the built-in indicators, go to the study of trading rules.

Upgrade Entry Conditions

1. The price fixed above the blue MovingAverage line and above the blue dotted line ZONE;
2. The DED dot turns green;
3. TrueTrend and TTL turned green;
4. The DDS dot is blue and the line is rising or in a neutral position;
5. StopLoss is desirable to take out under MovingAverage;
6. TakeProfit should be 2-4 times greater than the defined StopLoss;
7. The size of the transaction should not exceed more than 2% of the total amount of the trading account.

Example of a trade on Buy

Downward Entry Conditions

1. The price consolidated below the blue MovingAverage line and below the red dotted line ZONE;
2. The DED dot turns red;
3. TrueTrend and TTL turned red;
4. The DDS dot is red and the line is decreasing or in a neutral position;
5. It is desirable to move StopLoss above MovingAverage;
6. TakeProfit should be 2-4 times greater than the defined StopLoss;
7. The size of the bet is not more than 2% from the account.

An example of a deal on Sell

Trading recommendations

Recommended couples: any;

Timeframe: H1;

Time to trade: any;

Recommended Broker:, FinMaxFX

Template + indicators

To download this strategy for free - just leave some comment on this article, immediately after that a link for downloading files will appear here.

↓DOWNLOAD

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PS Now you have a new indicator strategy "Passable Zone" at your disposal.

Before you start working with it, be sure to read the article "How not to drain the deposit on Forex? Gross but simple rookie mistakes".

After that, study the information about forex brokers and start trading. When the first results are received, be sure to share them in the comments under this article.

For more information, see the "Forex strategies". It contains a selection of algorithms that will help you earn.