Overview

The strategy relies on three primary indicators to provide trading signals. The setup involves installing these indicators and templates into specific directories within the MT4 installation folder.

Installation and Setup

1. Indicators: Place the indicator files into the experts/indicators directory of your MT4 installation.
2. Templates: Place the template files into the templates directory of your MT4 installation.
3. Restart MT4: After placing the files in the respective directories, restart the MT4 platform to apply the changes.

Trading Rules

Entry Rules

• Go Short (Sell) Entry:
  • HBB dots turn red.
  • HBA candles turn red.
  • HBF bars drop below the 0 line and turn red.
• Go Long (Buy) Entry:
  • HBB dots turn blue.
  • HBA candles turn blue.
  • HBF bars rise above the 0 line and turn blue.

Note: Only enter a trade when all three indicators confirm the signal.

Exit Rules

• Place a stop loss at the previous candle's high or low.
• Apply a trailing stop if desired.
• Exit the trade when the HBB indicator changes color against the trade direction.

Summary

The "FOREX POWERFUL HBA TRADING SYSTEM" is designed to help traders make more informed decisions by providing clear signals for entering and exiting trades based on specific indicator behaviors. The strategy's reliance on the MT4 platform and its specific setup instructions ensure that users can implement it effectively if they follow the guidelines carefully.