Soldiers and crows FOREX strategy

This classical forex strategy is pretty simple, straightforward and yet effective. 

Tools:

Forex Indicator Bollinger Bands with default period of 20.

Signals:

Buy: 3 consecutive bullish (green) candles.

Sell: 3 Consecutive bearish (red) candles.

Signal confirmation:

Final candle of 3 candle formation crosses outer lines of Bollinger bands.

 

 

For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit, automatically copy the traders that are already profitable.

 

Timing of the entry:

After consecutive candles, retraction (correction) is pretty common. Expect it, especialy after more sudden moves and time your entry while correction is still in progress. You can get better price for your entry this way.

 

Profit target and stop loss:

Profit target should be same as distance from first dignal candle open to last signal candle close. Stop loss should be placed at high of signal candle for sell positions, and at the low for buy positions.

 

Timeframe:

Considering that SL,TP are calculated based on signal size, this forex strategy is extremely scalable. You can use it on timeframe that best suits your trading style.

Enigma warfare

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Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

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