Forexstrong 15/5 m 系统 (Forexstrong 15/5 m System)

Good morning all! I’m sharing this simple system in the hopes that I can help some of my fellow retail traders collect some pips and maybe even spark some creative ways to improve this system. This system has been through some rigorous back testing and has been consistently profitable for me in live trading.

Setup:
· 5 min Chart (Main Chart for system)
· 10 SMA of the High
· 8 SMA of the Low
· Parabolic SAR at the default



Rules:
Entry : 2 closed candles above/below the SMA channel explained earlier. The 15 min Stochastic is used mainly to filter trades.
Stop Loss: Should never be over 20 pips
Exit: Trailing stop with Parabolic SAR.



Notes:

 

1. · Trade only the US/London overlap. I personally begin trading one hour before the US market open 6am CST. Either way I’ve found this to be the “Sweet-spot” for the EUR/USD or GBP/USD. This is nothing new I’m sure for you guys/gals.

1. · Trade only EUR/USD or GBP/USD. These are the only two I’ve back tested. The GBP/USD was the more profitable but the drawdowns were a little steeper as well.

1. · Strategy is about 40% accurate. You’ll see at least one 50 pip + trade every two weeks.

1. · Do not initiate trades after 10am CST time.
2. Be smart and stop trading on Mondays!!

Final Note- Back test this I promise you’ll like the results. You can even then begin to become more aggressive and get a feel for when a large move will be present.