Top 10: Best Forex Strategies of 2017

During 2016 - 2017 out team created and tested about 400 forex strategies. About 200 of them were subsequently composed into expert advisors available on this page. Historical data tests were run on more than 3 million years of historical data. We have tested all types of different forex strategies including scalping, breakout, trend following swing, grid and various aggressive systems. 

 

Best FOREX strategies of 2017: 

 

10. MACD and Envelopes breakout 

 Trend following breakout forex strategy. Trend is identified using MACD indicator. Breakout is identified by Envelopes tunnel and it must occur in the direction of trend. Valid breakout is confirmed by defined breakout candle and its volume, that must surpass volume of previous candle. Each entry is followed by closed candle calculated trailing stop. Conservative system that can be adjusted for any currency pair and time frames above 1H. Works with only one trade opened at any given time. 

 

9. Candle trio

Trend following momentum based forex strategy that produced especially stable results during our standard 13 years test. Two EMA tandems are used to properly identify trend (major and medium term). According to strategy we than wait for three consecutive bullish/bearish candles closing in the direction of trend (momentum signal) to enter the trade. Entry is followed by trailing stop. 

 

8. Envelopes breakout mastery

Breakout is defined strictly by Envelopes indicator without any additional trend filter. To still ensure high accuracy of signal breakout candle is filtered by its size, volume and also according to Market facilitation indicator by Bill Williams. Each breakout entry is followed by trailing stop that is calculated according to broker Envelope line (side of the tunnel). This ensures that we stay in the trade for as long as breakout lasts before it returns to mean within the tunnel. 

 

7. Awesome MACD momentum

 We define trend we make sure that the momentum of trend is growing (or at least not declining) with MACD histogram. Entry and closing of trade is based on awesome oscillator. For closing module to get engaged minimum defined profit must be reached. Furthermore we filter the entry with signal candle and volume on signal candle. Entry is followed by advanced chart  candle based trailing stop.

 

6. MACD signal with growing momentum

Two MACD indicators working independently. First MACD is used for trend and momentum identification. The second MACD provides complete, conservative signal for position entry. This complete signal is also used for position exit timing. Success rate of whole system is improved by using candle signal with volumes. Each position is protected by trailing stop placed immediately upon entry. 


5. Breakout dynamo

 Trend is defined by RSI indicator with relatively high calculation period. Breakout must occur on Envelopes line with defined breakout candle and volumes on breakout candle. Forex strategy uses trailing stop based on last closed candle high/low. In this forex strategy we calculate profits target based on deviation of envelopes used to identify price tunnel. Strategy is performing well also in time frames below 1 hour and can be applied on any currency pair. 

 

4. Timed distance 

Conservative forex strategy that performs very well in scalping. System trades only in  the direction of trend which is defined by one EMA pair. Entry itself is signaled by specific candle formation and measuring the distance it covers. It can be considered a momentum signal. Strategy works with trailing stop but trailing stop is also applied to close the winning trade. 

 

3. Chaos warfare

 Averaging and scalping and optionally hedging forex strategy. Expert advisor trading it (Chaos warfare MT4 EA) can actually trade multiple very different forex strategies. The basic system includes averaging with use of exponential function (the more trade the bigger averaging gap between them) and increased lot size on subsequent trades. Strategy can open  up to 6 trades in the direction of trend. Trend is defined by two EMA pair. One of them can be used to close all existing trades on trend reversal. System aims to win each scalping entry in the direction of trend and accepting loss only on trend reversal. Chaos warfare MT4 Ea offers multiple other options on how to deal with losing trade (hedging, holding or applying stop loss). 

 

2. Alpha proportion

 This forex strategy (and expert advisor) can be also marked as Chaos warfare 2.0. Averaging is done without exponential function. Simple model is used instead. The lot size on subsequent trades is not increased. What is increased is profit target. Profit target for strategy is always proportional to number of trades opened. All existing trades will be closed on trend reversal. Alpha proportion MT4 EA can also trade multiple strategies including directional grid forex strategies. 

 

1. Victory Trail

Conservative system that can achieve results of aggressive trading strategies. It consists of 8 independent trailing strategies (places 1 to 7 of this list). The system is heavyweight and Expert advisor trading it therefore comes with preloaded input setting that were used in test. 

 

Note: All strategies in this list are picked according to our subjective criteria. During our tests we have seen multiple strategies that can match this results. 

 


Disclaimer:  Expert advisor was tested for profitability on historical data. All screenshots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.
 

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THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

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. ” 

—  Marian, Proprietor of TheForexkings.com