GBPUSD 1H VOLUME-WEIGHTED MOVING AVERAGE STRATEGY Long

British Pound/U.S. DollarFXCM

Description

⋅ Nov 14, 2020 12:41 AM

VOLUME-WEIGHTED MA STRATEGY RULES
1. Wait for a strong breakout & close above VWMA
2. Look for a retest of the VWMA
3. Buy at the opening of the next candlestick
4. Place Stop Loss below the breakout candle
5. Take Profit at break & close below VWMA

Comments

chudichillary1994

⋅ Nov 16, 2020 6:06 AM

This indicator.. does it come by default on MT4/MT5
If it doesn't. One can't download it if using a Mobile phone to trade?

Tradingstrategyguides

⋅ Nov 16, 2020 9:58 PM

@chudichillary1994, Try this site - best-metatrader-indicators.com/volume-weighted-ma/

chudichillary1994

⋅ Nov 17, 2020 7:11 AM

@Tradingstrategyguides, can this be installed on a mobile phone?