Averaging strategy.

Trend movement is a curved line in which segments in the direction of the main trend are trend movements, and segments in the opposite direction are corrections.

It is this feature of the trend that formed the basis of the averaging strategy on Forex; it is quite simple, like most effective trading systems.

The averaging strategy consists of opening additional positions when a trend correction is detected and thus obtaining additional profit.

For greater efficiency and to eliminate errors, this trading option uses both technical and fundamental analysis.

To apply the strategy, we perform the following steps:

1. Determine the source of fundamental information, this can be news from the Dow Jones news agency, they are available for free from the Alpari . When planning transactions, we use the economic calendar .

Ultra wizard is perfect ; it fully meets the averaging strategy.

3. Decide on volumes - your funds should be enough to maintain three open positions, taking into account leverage.

4. We plan the first deal - thanks to the Ultra wizard indicator, we determine the current direction of the trend, we check the upcoming news using the economic calendar, if there are no important news planned for the working currency pair in the near future - we open a deal.

4. We perform averaging - if the price goes against the existing trend, we first check the Dow Jones news feed, after reading the Ultra wizard indicator.

If there are no important news and the indicator does not indicate a reversal, we wait until the price moves towards the trend again and open a second deal. 5. closing a position - if, as a result of checking the indicator readings and the news feed, it turns out that a trend reversal , the first position is closed despite the losses.

Additional points.

• Subsequent transactions are opened if the offered price has become more profitable than the one at which the previous position was opened. For example, you opened a buy deal at a price of 1.2500, after a while there was a correction in Forex and the price became 1.2460, then it began to grow again and it reached 1.2470 - this is where the second deal is opened.

In this case, you get a chance to earn an additional 30 points. • The averaging strategy is designed for trading on short and medium time frames.

• To quickly close all orders, you can use the " Close all orders " script.

• Additional information on this topic can be found in the article “ Averaging in Forex ”.