Here are the collections of Most profitable working forex strategy that can help you to generate good profit in forex Market. Implement it and make good amount of profit.
Forex Multiple Technical Indicators Strategy
Open M15 Timeframe and Put the Indicators with input settings mentioned as follows:
1) Stochastic (%K Length 21, %K Smoothing 5, %D Smoothing 5)
2) RSI (Length 14, upper bound 80, lower bound 20)
3) Awesome Oscillator (AO)
4) Simple Moving average of 100 and 200 at close price.
Output:
Buy signal is triggered
1. Stochastic is below 30
2. RSI is below 50
3. AO has put in 2 peaks above 0, and the second peak is equal to or below the first peak
4. AO has made 2 green candles
5. 100 MA (blue line) is above the 200 MA (red line)
Sell signal is triggered
1. Stochastic is above 70
2. RSI is above 50
3. AO has put in 2 peaks below 0, and the second peak is equal to or above the first peak
4. AO has made 2 red candles
5. 100 MA (blue line) is below the 200 MA (red line).
Forex Price Action Strategy Using Order Block Finder Indicator
On TradingView, I use Order block finder experimental to find order blocks of each pair and analyze it with multiple timeframes to find suitable Trend Ideas and Entry and Exit strategy.
XAUUSD Breakout Strategy
BUY:
1) When candle breaks out from inside directly when breakout box appear, OR
2) Wait for next candle to appear after breakout box is formed also from inside the
breakout box.
When candle breaks through the ENTER BUY Line from inside the breakout box, a BUY trade is entered.
SELL:
When candle breaks out from inside directly when breakout box appear, OR
Wait for next candle to appear after breakout box is formed also from inside the
breakout box.
When candle breaks through the ENTER SELL Line from inside the breakout box, a SELL trade is entered.
HAVE AN OPTION (TRUE/FALSE) TO USE THE MOMENTUM INDICATOR TO SHOW THE TREND.
Use the MOMENTUM INDICATOR to use as an additional indicator to show trend.
EXIT:
1. Exit BUY on BUY TARGET 1.
2. Exit SELL on SELL TARGET 1.
Pending Order Best Strategy
It will open 1 Buy and 1 Sell order & 4 Buy Limit & 4 Sell Limit Order. Pending Order Follow the Input Distance: 20.
If any Buy Or Sell order hit Take profit, It will close all Buy order or all sell order.
Example: If any buy order hit take profit it will close all running Buy order and all buy limit order. it will not close sell order.
Step Three: After close it will again. Example: If it close all buy order then it will open again 1 buy market order and 4 buy limit order.
Step four: Take Profit will be modified. If pending order Execute In market order then 1st market order take profit will be modified to the 2nd market order take profit.
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