Evolution Forex System
Platform: Trading Systems Last update: October 7, 2024The Evolution Forex System is a simple trend reversal strategy.
At the first glance, it may looks like it involves Bollinger Bands, Heiken Ashi candles and buy/sell arrows indicators.
Trading rules for the evolution system
Buy Entry: Look for long trade, after upward arrow appears on the chart. Candles should be blue and touching the lower band. Place your stop loss a few pips below last swing low.
Sell Entry: Look for short trade, after downward arrow appears on the chart. Candles should be redand touching the upper band. Place your stop loss a few pips above last swing high.
Exit Trade / Take Profit: Close your open position when the trend filter stops colorizing bars, or use your own preferred method of trade exit.