To succeed in the forex market, one needs to understand certain factors like momentum, trend direction and perhaps reversal. There are three major indicators that gives accurate trading signal based on these factors. I'm here to reveal that secret strategy that would help you make successful trades all the time.
The Three Major Indicators are:
This system may be popular, however I want to reawaken interest in it.
For A Short Trade:
Awesome Oscillator Turns Red
Accelerator Oscillator Turns Red
The Parabolic SARS is above the current Candle
Go Short at the opening of the next candle
For a Long Trade
Awesome Oscillator Turns Green
Accelerator Oscillator Turns Green
The Parabolic SARS is below the current Candle
Go long at the opening of the next candle.
This system is powerful. About 60-75% accurate.
Time Frame: Excellent for 1Hr time frame
Best Trading Pair GBPUSD and EURUSD.
Look at the image below for better understanding.
I would be posting my signals here for all to see how effective this system is.
nice system ochuko. How many pips u take in one trade? Or do u have the exit strategy for this?
an average of 50-100pips. Exit strategy is when u get opposite signals that caused you to enter the market.
I have uploaded the system for easy understanding.
very interesting... AO and AC are good indicators.
I share indicator that display a sign if AC and AO in the same direction... maybe useful...
soo...where's de template?
Yep, i agree that it somewhat accurate... but it does prove to be less effective in sideways market. Its evident from the image posted by ochuko in first post of this thread.
to avoid sideways market, indicator damiani volatmeter maybe useful...
I checked nearly 30 trades for EURUSD on H1 and the result was good.
- I wanted to know if you move your Stop Loss to Break Even?
- How long do you use this strategy?
- If possible, could you please, post your trades on the last few weeks?
Even though there are similar system, this thread is meant to awaken interest in trading it. People would make money if they follow this system carefully.
Do you use this strategy? Or maybe tested it on history?