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Strategy Submission Form

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Thank You for choosing to help other traders succeed in Forex!

We post not only complete strategies but also simple trading ideas that haven't become strategies yet (last are published in Strategies under Development section).

Please use the Comment field below to describe a strategy or a trading idea in exact way you'd like it to appear on the web.
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Thank you once again!

Truly yours,
Edward Revy

P.S. Please allow 2-3 days for the strategy to be published. We'll create a new dedicated page for your strategy and prepare the screen shots and files you've send us for publishing. Thank you!

Also you're welcome to share strategies & screenshots at our forum:
http://forums.forex-strategies-revealed.com/
where you can also keep your trading Journal and share success with traders.

Happy trading!
Edward

MACD indicator with 5 minutes chart for major currencies results in high success rate.Key is to book profit within few minutes.News trading is great tool and help to make huge gains if information is used properly.Go to forexfactory for details...Key is to book profit within few minutes from breakout.

Combination of above two has helped me to make regular pips(10-30 a day)

Hi,
My strategy is a variation of the common use of RSI to spot divergence, indicating that price will change direction.

I use two RSIs on top of each other (the only way to do this is to drag n drop them from the Navigator pane - you cannot put two indictors in the same window using the Indicators icon on the upper MT4 tool bar).

Set one RSI to 'high' and the other RSI to 'low', both period 4, and give them different colours so you know which is which. Select the thinnest line width.

When looking for bearish divergence, look at the RSI high, and for bullish divergence look at the RSI low. Using two RSIs in this way will show up many more divergences, previously missed by using only one RSI set to close.

If you also put a RSI set to 'close', with your favourite period, in another window, you will see that this one will miss many divergences which the other high/low RSIs will pick up.

I hope you find this RSI variation useful.

Mike

******** FOREX MONEY PRINT STRATEGY *************

Hi Fellow Traders

I have trading a simple and straigtforward strategy which gave me 80% wins for 2 months with a 1:1 risk/reward. I want to get the opinon of others to possibly a fluent programmer to do a back test to check if the strategy is profitable in the long run.

Currency Pair: GBPJPY
Time: Tokyo Open and London Open

Strategy:
Set a Buy Stop order 20 pip above the opening price and a sell stop order 20 pips below the opening price.
The take profit is 40 pips for both the orders and no stop loss is used.

The Results:

1. Buy pending order is triggered and Buy T/P is achieved (40 pip gain) or
2. Sell pending order is triggered and Sell T/P is achieved (40 pip) or
3. Buy Pending order is triggered but Buy T/P is not achieved, the market reverses and the Sell order is triggered (40 pip loss)
4. Sell Pending order is triggered but Sell T/P is not achieved, the market reverses and the Buy order is triggered (40 pip loss)

The strategy has been highly profitable for me so far, However, I am still not confident to start compounding. Any constructive feedback, comments and advice are welcome as we are all in this together for the same purpose. Make our lives better.

Hello,

I have been loking at pair correlation lately. There are a few interesting ideas. One that jumps to mind is when two highy correlated pairs go in differnet directions.

For ex. EUR/USD goes up when GPB/USD goes down. Then you sell the first one and buy the second, thinking that the pairs will "pull together" rather sooner than later. The question is: what are the triggers and exits for such a strategy? Anybody trading this kind of setups?

Aslo, and this a purelu rhethorical question. If I don t have the answer to this, I won t lose any sleep. When you read that a two pairs are correlated 80% of the time over a year, how do you define "time"? I know it is over a year, but does it mean that if you look at the weekly chart over the past year you will find the two pairs going the same way 80% of the time? Or is it on the daily chart? Hourly? etc. Do you understand what I am getting at? It sorts of puzzles me a bit.

Anyway, if someone can elaborate on the higly correlated pirs trading idea above, I would appreciate.

Regards

Insider

take any pair daily chart.Mark previous day's high & low,place pending orders 2-3 pips above or below previous day's high & low respectively,notice that the current mkt.breaking thru previous day's high or low & taking your trade. place t/p & s/l 30-40 pips.