Simple Forex Strategy That Works Even for Beginners

Trading System works on H4 and Daily time frames. The best time frame in my opinion, are H4 and Daily.

• Best Time Frames: H4 and Daily
• Recommended Currency Pair: EURUSD and GBPUSD

 

• Filter
• Signal Trend
• Exponential Moving Average
• Relative Strength Index

 

• 5 EMA (Red line) above the 10 EMA (white line)
• 5 EMA and 1o EMA above the blue color Filter indicator
• CCI line upward and above 50 level
• TS-1 # 4 and TS-1 # 5  lime color bars

 

• 5 EMA (Red line) below the 10 EMA (white line)
• 5 EMA and 1o EMA below the red color Filter indicator
• CCI line downward and below -50 level
• TS-1 # 4 and TS-1 # 5  red color bars

 

• I operate with sell/buy stops, no market orders. My entries are above/under the candle patterns, SL is going behind the relevant candle.
• Risk to Reward Ratio is 1:2 or 1:3