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1 Hour Swing Trade System Rules: Gold Rules of Swing Trading 1 Hour chart Timeframe

To create a 1 Hour Swing Trade System that generates the trading signals on the Hourly Chart illustrated below - Swing Trade 1 Hour chart - Swing Trade Using the 1H chart. We shall use 1 H chart to write the guidelines of this system - 1 H Swing Trade System.

This 1 Hour Swing Trade System refers to a set of written xauusd guide-lines that you as a swing trader follows to manage your positions on the 1 Hour Charts. These trading system rules must be written down so that to guide you. This learn system course will explain how to write down the trading rules of your system.

Keyword is a SET OF RULES that you as a trader must follow when trading. If you don't follow the trading rules of your system then you do not have a System. Systems must have guidelines which are written down within your trading plan.

Examples of 1 Hour Swing Trade System below:

1 H Candle Breakout System - Swing Trading 1 H Chart - Draw Candle Charts on Software

Writing Down Rules of a 1 Hour Swing System - Swing 1 Hour chart - Swing Trade Using 1 H chart

You can come up with above 1H Swing System using the steps below:

Step 1:

Select Your Chart Time-frame - 1H Chart

Step 2:

Select Trading Indicators which Identify a New Market Trend - Moving Average Cross Over Strategy.

Step 3:

Select Indicators which Confirm the Trend - RSI Indicator, Stochastic Indicator

Step 4:

Define Entry & Exit Points

Buy Trade Signal

  1. Both MA indicators pointing up
  2. RSI above 50
  3. Stochastic oscillator moving upwards

Sell Trading Signal

  1. Both MA indicators pointing down
  2. RSI below 50
  3. Stochastic oscillator heading downwards

Exit Signal

  1. Moving Average indicators gives and generates in the opposite trend signal
  2. RSI generates in the opposite market trend signal
Step 5:

Calculating risks in each trade - Select/Choose the No. of Pips to set for the stoploss order for your open trade positions

Step 6:

Write Down the 1 Hour Swing Trade System Rules

Step 7:

Test the 1 H Swing System on a practice account

After using these trading step by step course you as a trader can develop the written 1H Swing System Rules as is illustrated below.

Writing 1H Swing System Gold Rules

1 H Chart Trend Following System - How Can You Analyze and Draw Trading Trend-Lines on Trading Charts?

Example of How to Write the Best 1 Hour Swing Trade System Rules

This 1 H Swing Trade System produces the signals as pictured below. Using these system rules - traders can determine and assess when to enter & exit trades.

1 Hour Swing Strategy

1 Hour Swing System - 1 Hour chart Trend Following System - H1 Candle Breakout System

We have completed writing the trading rules, if you're researching on how to create the best 1 Hour system - this learn system guide - you as a trader can also include the 1 Hour Swing Trade System Rules in your XAU/USD Plan.

1 Hour Swing System - 1 Hour chart Trend Following System - 1 Hour Candle Breakout System

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