One Forex Strategy for MT4

One Forex Strategy

Trading Systems

The One Forex Strategy falls into category of forex swing trading systems. This trading strategy is set by a bunch of advanced market momentum tools with trade filters that work together for identifying potentially profitable trade setups.

How to trade with the One Forex Strategy?

The One Forex Strategy consists of three complex indicators including THV Coral, Bamsbung with CCI, and SRCC. Detailed description is the following:

  • THV Coral: it is the indicator that displays upward/downward arrows. As a swing trading indicator, it’s used to identify the possible swing areas of the market based on the price envelope theory.
  • Bamsbung with CCI: it is an advanced combination of two powerful momentum indicators. When its value raises above -35 when the momentum is considered bullish. Similarly, when it drops below 35, the momentum turns into bearish mode. The Commodity Channel Index (CCI) plots bullish/bearish crossover by intercepting each other (red & white lines).
  • SSRC: it is a Price Envelope based Relative Strength Index indicator. When its value rises near 95, the market is in an overbought condition. Conversely, when it drops around 5 the market is clearly under oversold condition.

Buy Signal

Follow these steps for a long trade:

  • THV Coral draws an upward arrow
  • Bamsbung with CCI value bounces up from -35 level with a bullish crossover
  • SSRC value drops near 5 level
  • Buy trade is triggered after the above conditions are met
  • Set stop loss a few pips below the last swing low of the market
  • Take profit or exit trade whenever Risk:Reward ratio hits 1:1+ (or better) or use your own preferred method of trade exit

One Forex Strategy Example of Buy Trade

Sell Signal

Follow these steps for a short trade:

  • THV Coral draws an downward arrow
  • Bamsbung with CCI value drops from -35 level with a bearish crossover
  • SSRC value rises near 95 level
  • Sell trade is triggered after the above conditions are met
  • Set stop loss a few pips above the last swing high of the market
  • Take profit or exit trade whenever Risk:Reward ratio hits 1:1+ (or better) or use your own preferred method of trade exit

One Forex Strategy Example of Sell Trade

Related products