4 Example Templates of XAGUSD Systems Strategies

When creating your own silver system, there are a few things to keep in mind. Your silver strategy needs to be able to spot new market trends, while at the same time making sure you do not to get faked out/whipsaws. Real trick is, once you have created a silver system that works for you, stick to it. Being disciplined will help you a lot in becoming successful in xagusd trading.

Before trading Silver on a live account, you have to figure out what trading strategy works for you. It is good to know in what chart time frame you're going to be working in, & how much you are willing to risk once you start silver trading online. All these factors should be factored in, and should be written down within your silver trading plan. A good place to test this silver trading plan would be on a free demo account. This is where you test your trade strategies risk free without investing money to determine which strategy is best suited for you.

So, now how can a trader like you come up with a "good trading system" or the "best silver system"?

To come up with a good trading strategy the first thing to do is to define your objective or goal:

The following example illustrates a goal & explains the rules of how to achieve that goal

Silver Trade Goals

1.Identify a new trend

Moving average crossover method silver strategy is most oftenly used strategy to identify a new trend. Time to open a long or short trade is determined when 2 moving averages indicators cross over or cross under each other.

2.Confirm the new trend

Relative Strength Index(RSI) Indicator and Stochastic Indicator are the most commonly used indicators to confirm a trend.

Indicator based Strategy

The best type of a silver trading method is one that is indicator-based. You'll find it straight forward to generate the signals and thus less error-prone on your part & this will help you to avoid market whipsaws.

There are several things we want to achieve when creating a XAGUSD trading system:

1. Find entry points as early as possible.
2. Find exit points securing maximum gains.
3. Avoid fake entry & exit signals.
4. Proper Silver Trade Money Management Rules

Accomplishing these 4 goals will result in a profitable silver strategy that works.

The last piece of information needed, is deciding how aggressive you are going to be when entering & exiting a trade. Those traders who are more aggressive wouldn't wait until chart candle closes and would enter as soon as their indicators match up. But most traders would wait until the chart candlestick of the chart time frame they are using has closed, to have more stability when entering a the market.

To get profits out of the trading market you need to build your own profitable trading system: a trading technique that will generate profitable xagusd signals. You need to have your own silver strategy that will help you achieve your financial goals. Sometimes the best trading systems are the ones that you build on your own. No need to keep searching online for best silver systems or for silver systems that work, this web-site provides you with all the trading tools required to help you & guide you on how to create your own silver systems.

Below is an example of a trade system based on RSI, MACD and Stochastic.

Silver System - Best MT4 Examples Systems Strategies

The trading system example above is comprised of four xagusd trading technical indicators in total, all of these generate trade signals using different techniques, the moving average will generate xagusd signals using the MA cross over method shown, the RSI indicator, Stochastic indicator and MACD indicator use different technical analysis to generate the long & short signals as exhibited in the above example. How to generate these signals is discussed in next course (on the sidebar navigation study trading lessons menu under key concepts).

For beginner traders, it is difficult for them to create their own silver trading strategies since they don't have much knowledge about the trading market. However, this learn silver trading website will explain how a beginner trader can create their own free silver system in just seven easy steps. The best strategy is one you create yourself and learn how to trade the trading market with it.

The main advantage of creating your own free silver systems is that you'll know how to make profits by yourself - & not rely on other peoples efforts.

In the next silver course located at the sidebar navigation learn trading courses menu below the silver trading key concepts will show you how to create a trading system like the one above, write it's silver trading rules & how to back test the system on a practice practice xagusd account before using it on a live account.

4 Examples of Free XAGUSD Systems Strategies

Example 1: The Moving Average Crossover Method

The moving average indicator cross over method uses two moving averages to generate signals. First Moving average uses a shorter period & second is a longer period.

Moving Average Crossover Method - Moving Average Cross-over Method

This above trading method is referred to as the MA cross over method because signals get generated when 2 averages cross above or below each other.

Silver Trading System Template Example - Short and Long trading signal Generated by Strategy

A buy signal or going long trade is generated when the shorter moving average indicator crosses above the longer moving average indicator (Both Moving Averages Going Up).

A sell signal or a going short trade is generated when the shorter average indicator crosses below longer moving average indicator (Both Moving Averages Going Down).

Example 2: Stochastics Silver Strategy

Stochastic Oscillator indicator can be combined with other indicators to form a system.

• RSI indicator
• MACD indicator
• Moving Averages xagusd technical trading indicators

Systems Strategies Example - Best MetaTrader 4 Templates Example Systems

Short Signal or Sell Trading Signal

How the short sell XAGUSD trading signal was generated

From our silver trading rules the short sell signal is generated when:

1. Both Moving Averages are heading down
2. RSI is below 50
3. Stochastic heading downwards
4. MACD heading downward below center-line

Short signal was generated when all the written silver rules were met. The exit trading signal is generated when a xagusd trade signal in opposite direction is generated.

The good thing about using such a trading method is that we are using different types of trading technical indicators to confirm the signals and avoid as many whipsaws as possible in process.

• Stochastic - silver momentum oscillator
• RSI - silver momentum oscillator
• Moving Averages Trading Technical Indicator - silver trend following indicator
• MACD - silver trend following oscillator

Based on the chart timeframe used - this strategy can be used as Silver scalping system when the minute xagusd charts are used or as a day trading system when hourly xagusd charts are used.

Example 3: Trading System Example

This system is fully described within the silver trading plan on the silver trading plan tutorial on this learn silver trading website under the key concepts section located on the right navigation menu.

Silver Chart Time Frame

1H chart

Indicators which identify a new trend

Moving Average Cross-over Indicators Strategy

Indicators that confirm the trend

RSI indicator

STOCHASTIC OSCILLATOR indicator

Long Entry - Buy Signal

1. Both MA(moving averages) pointing up

2. RSI above 50

3. Both stochastics going up

Short Entry - Sell Signal

1. Both Moving Average pointing down

2. RSI below 50

3. Both stochastics going down

Exit Signal

1. Moving Average Indicator gives opposite signal

2. RSI gives opposite signal

Money Management in Silver Trading

Stop Loss - 35 pips

Take Profit Order - 70 pips

Reward to Risk 2:1

Example 4: New Gann Swing XAGUSD Chartist Plan

The Gann Swing Oscillator is meant to be used in combination with the Gann HiLo Activator and Gann Trend to form a complete strategy commonly referred to as the - "New Gann Swing Chartist Plan". Within this methodology the Gann Swing Oscillator is used to help determine market swings for trading only within the prevailing market trend is shown by the Gann Trend.

Below is examples of the New Gann Swing Chartist Plan

The Gann Chartist Plan - Silver Systems - MetaTrader 4 Template Strategy