1 Hour Chart Trading Strategies

1 Hour Indicators

An exemplification of 1 Hour Simple Trading Strategy - that is a combination of:

MA Crossover Gold Strategy
RSI Indicator
MACD

1 H Example Gold Strategy Rules are:

1 H Example Strategy - H1 Chart Strategy - 1 H Example Strategy Method

1 Hour chart Gold Strategy - 1 H Chart Strategies - H1 Example Gold Strategy - H1 Time-frame Gold Strategy

Gold Rules: 1 Hour Time Frame Strategy - 1 H Indicators

Buy Signal is Generated when: - 1 H Indicators

Both MAs Moving Averages moving up
RSI is above 50
MACD above center line

Sell Signal is Generated when: - 1 H Indicators

Both MAs Moving Averages moving down
RSI is below 50
MACD below centerline

1 Hour Indicators - Technical Analysis Indicators List

1 Hour Time Frame Strategy - 1 H Indicators

Exit Gold Signal - 1 H chart Method

Exit signal gets derived and generated when Moving Averages, RSI & MACD gives a signal in the opposite market trend trade direction.

The chart timeframe to use is 1 Hour chart timeframe.

For a beginner trader who wants to come up with a 1 H chart Gold Strategy the above written rules will give a good example template of a 1 H chart Gold Strategy that can be used to generate buy & sell signals - 1 H Chart Strategies - H1 Example Gold Strategy - H1 Time-frame Strategy - 1 H Simple System.

1 H chart Gold Strategy - 1 H Chart Strategies - H1 Example Strategy

Generating Signals with this H1 system is the best technique that a beginner trader can attempt to determine the price trend & with a little back-testing in practice demo account so as to test this H1 System

The best way to backtest a strategy is by following these two steps:

Gold Paper Trade your H1 Simple Trading Strategy
Demo Trade your 1 Hour Simple Trading Strategy

A good tool to use to backtest your 1 Hour Gold Simple Trading Strategy is known as the MT4 Trade Step-by-Step Tool. Found on MT4 charts toolbar of MetaTrader 4 software, If you want to find the chart toolbar on MetaTrader 4 platform software it's at the top of MT4 platform. If it's not: Click View (next to file, top-left corner of MT4)>>> Tool-bar >>> Charts. Then click Customize button >>> Choose Gold Trade Step-by-Step >>> Press Insert >>> Close.

MT4 1 H Chart Toolbars - How to Trade 1 H Chart for Beginners

1 Hour Chart Strategy - 1 H Chart Strategies - H1 Example XAUUSD Method

MT4 Trading Step by Step Button for 1 H chart Gold Strategy - 1 H chart Gold Strategy - 1 H Chart Methods

Once you get this MT4 tool you can move your 1 Hour chart backwards, & use this MT4 trading step by step button to move the 1 Hour chart step-by-step while at the same time testing when your 1 Hour gold simple system would have derived/generated either a buy or sell signals, and where you'd have exited the trade positions, then write the amount of profit or loss per trade positions made using the 1 H Chart Strategies and out of a sample number of trades you would then calculate the over-all profits & losses derived and generated by the 1 H chart strategy - 1 H chart Method.

If your 1 H strategy is profitable on paper trading method then, it's time to demo trade and test if the 1 H chart Gold Strategy is profitable on the real market as it's on paper method. This is the process of back testing the 1 H chart Gold Strategy.

Writing a Gold Trade Journal

Maintain a XAUUSD Journal to keep track of profitable trade positions, and determine why these trade transactions were profitable. And also maintain a record of all losing trades, determine why these trade positions made a loss and then avoid making the same mistakes the next time you trade using your 1 H Chart Trading Strategies.

Tweak your trade system until you get a good risk reward ratio, with the trading signals which you generate. Aim for a good risk: reward of 3:1 and use xauusd equity management guidelines and study the guide about: Risk to Reward Ratio - 1 H chart Gold Strategy - 1 H Chart Strategies - H1 Example Gold Strategy.

1 H Chart Strategy - H1 Chart Strategies - H1 Example Gold Strategy - H1 Candle Times XAUUSD

1 Hour chart Gold Strategy - 1 H Chart Strategies - H1 Example Strategy Method

XAU/USD Equity Management Strategies Lesson Tutorial

Study More Tutorials:

Trade Gold Trading

1 Hour Chart Trading Strategies

1 Hour Indicators

1 H chart Gold Strategy - 1 H Chart Strategies - H1 Example Strategy