3.71/5 (203 votes)

This strategy was manly inspired from Guppy Moving Average and some other rainbows trading approach. In addition, there is another indicator called VolcanoWMA that provides the arrow and alert signal. The strategy determines the trend with the WMAs and enters the trending market using the VolcanoWMA indicator at the best timing.

3.50/5 (207 votes)

The major problems of most strategies are entry and exit. A lot of trend trading techniques are out there but there are a few ways to filter entries and exits. In this strategy, the trend is determined by the direction of the BBands_Stop. After the trend is determined, we then move on to find a good entry and a good exit using the Fisher indicator and the Stochastic indicator with multi-timeframe analysis. It can be profitable if one can follow the rules of this trading strategy.

4.18/5 (204 votes)

This strategy should work well long term with this system and does bring in a good amount of pips per month. One can start trading at 6 am EST and wait till the trades are found. Usually within 3 hours, you are done.  At all times, one should follow the trading rules as a trader that is consistent in his rules is a successful trader.

3.09/5 (210 votes)

In this strategy, the TDI (Traders Dynamic Index) is used as it uses some of the most powerful indicators such as the RSI as well as other types of calculations to determine the trend and momentum of the pairs. The trade is then confirmed with the combination of the Synergy APB (Average Price Bar) Candle indicator and the Simple Moving Average.

4.14/5 (209 votes)

In this strategy, we are using the VMA indicator that is different from a regular SMA or EMA in that the VMA indicator have a variable of ADX worked into them. ADX measures the strength of trend, so basically we have a moving average that will move when prices are trending. When things are consolidating, the VMA will not move and may even go flat. This helps to solve the major problem of MA with its whipsaw nature. This strategy uses VMA 1 and VMA 4 in which VMA 1 uses ma length of 1 and adx length of 8 whereas VMA4 uses ma length of 4 and adx length of 8. Both indicators of VMA 1 and VMA 4 can go flat without crossing during sideway market and cross when the market is trending.

3.86/5 (337 votes)

One of the methods to distinguish range-bound conditions from trends is to look at the WellxAMA indicator. It allows us to switch our strategy according to the current market situation. If the WellxAMA indicator showing dots of the same color, it means the current trend continues. But if the WellxAMA indicator showing missing dots, it is an indication of a sideways moving market ahead.

3.67/5 (307 votes)

In this article, we look into the stochastic for divergence by comparing the price action and the movement. When traded properly, it can be consistently profitable with divergences. The great thing about divergences is that you can use them as a leading indicator. This makes the risk on your trades are very small relative to your potential reward.

4.34/5 (318 votes)

TD Sequential is designed specifically to predict potential price exhaustion and likely price reversals. This methodology is designed to become progressively less bearish as price declines and, conversely, less bullish as price advances, contradicting the behavior of most trend-following traders. TD Sequential provides much-needed discipline and removes the emotions associated with trend trading. It also gives a distinct edge to traders who operate in size, allowing them to buy when supply is most plentiful and to sell when demand is most aggressive.

4.17/5 (357 votes)

This strategy made use of a simple range-bound forex trading method which has great profit potential. It identifies important support and resistance levels on the hourly chart by using the SuperSR7 indicator. In addition to the SuperSR7 indicator, a stochastic oscillator is used to pinpoint possible long and short entries in the market.

4.30/5 (353 votes)

This strategy is very profitable and all it takes is just some practice. You will see its true value with a little bit of forward testing. The center of gravity indicator was created by Oan. The idea is based on Mostafa Belkhayate's system. Also the sweet spots indicator was taken from "Patrick Bourgeois" with his submission of "Trading by Psychological Levels". The center of gravity indicator helps us to look for the trend and the sweet spots indicator help us to enter and exit at the psychological levels.

4.01/5 (387 votes)

This strategy is used on the 4 hour charts as it is less volatile then shorter time frames and much more profitable. It comprises of the NonLagMA and the stochastic. The colors of the NonLagMA trigger the trades, and are confirmed by the stochastic. The NonLagMA is a common Moving Average indicator but with an improvement that shows the angle changing from the changing colors.

3.58/5 (375 votes)

The Val_Bands indicator provides a exit method for those who hate "losing those pips" which come with a great market move and then vanish immediately (or shortly after) on a reverse. When the price shoots (up or down), it creates an out of the range tall candlestick. Many traders know about this fact, but the main challenge is that when you look at the charts how do you tell when the candle is tall enough and when not. The solution came with this Val_Bands indicator that combines similar to Bollinger bands algorithm and Candle Length Volatility. The indicator also provides an entry method in which the indicator will show the active trend.

3.35/5 (377 votes)

The Adaptive Laguerre filter (ALF) is a variation on the Laguerre filter using a variable gamma factor, based on how well the filter is tracking a past lookback bars prices. Like other adaptive moving averages, it will track trending moves closely but will change less in range-bound markets. It's a pretty responsive RSI successor constructed using only 4 bars of data, but compared to the regular RSI it has way less noise (whipsaws) considering its fast reaction speed.

3.08/5 (394 votes)

The London Forex Rush system is based on a powerful trading system that comes from the world of the stock markets. Intra-day stock traders have been exploiting the Open Range Breakout strategy for ages. And they continue to do so. That’s because this strategy is easy to understand, simple to execute, and above all, profitable.

3.90/5 (369 votes)

The combination of the T3MA indicator and the Time Series Forecast indicator have resulted a trading system that can be used to provide trade signals. It performs well in higher timeframe such as H1 and H4 time frame.

3.62/5 (381 votes)

The Heiken Ashi indicator is used by technical traders to identify a given trend more easily. Hollow candles with no lower shadows are used to signal a strong uptrend, while filled candles with no higher shadow are used to identify a strong downtrend. This indicator is used in combination with stochastic to seek the overbought and the oversold zone to make a profitable trade.

4.13/5 (382 votes)

The SHI Channel indicator uses the highest high and lowest low of the price to determine the upper and lower bands of the channel. The channel is calculated according to the given period of calculation and the time frame of the used chart, and the channel is self-adjusted (Like the Bollinger Bands). The channel gives the overall direction of the price movement - up or down - and may change from time to time, especially if it used with a low timeframe of one minute and five minute. We can’t trade with the SHI Channel indicator alone, it will not tell you when to enter the trade neither when to exit, The SHI Channel indicator telling you the overall direction of the price trend and the channels with the middle line warn you how much the trend is strong or weak, however, we have to use another indicators to generate the entry/exit signals

4.30/5 (362 votes)

Heikin-Ashi is great for trading all currency pairs. It is a strong and reliable indicator for intraday trading and scalping with small time frames like 15min, 5min and even 1min. On the other hand, it is also perfect to ride the big and continuous trends in the big time frames like daily and 4 hours.

4.58/5 (358 votes)

The slope direction line makes use the method of moving average to draw out its line. It does shows the trend that allows user to get into the trade and be profitable in higher time frame such as H4, but may not be good in the smaller time frames.

3.66/5 (369 votes)

Signal Arrows Indicator is a combination of two Moving Averages to give the bullish and bearish Signal Arrows. It draws an arrow up when the EMA 7 cross EMA 34 and EMA 7 is above EMA 34. It draws an arrow down when the EMA 7 cross EMA 34 and EMA 7 is below EMA34. It makes trading much easier without interpreting all the moving averaging crossovers manually and make visual backtesting easier with the Signal Arrows.

4.14/5 (349 votes)

Sidus Indicator is a combination of two Moving Averages and an RSI to give the bullish and bearish sidus arrows. It draws an arrow up when the RSI is more than 50 and EMA 15 is higher than EMA 34. It draws an arrow down when the RSI is less than 50 and EMA 15 is lower than EMA 34. It makes trading much easier without interpreting all the indicators manually and make visual backtesting easier with the sidus arrows.

3.94/5 (369 votes)

Trading system based on BBands Stop Metatrader custom indicator. It shows the trend opportunity and the Stochastic Oscillator allows us to look for a retracement for a better trade entry.

4.43/5 (383 votes)

SuperTrend Indicator shows trend opportunity and Parablic SAR indicator provides fast exit for bigger profits

4.43/5 (367 votes)

Breakout trading tends to occur after periods of extended price consolidation. The breakout box can be used to find areas of price consolidation and to take advantage of these markets when prices break through support or resistance. We call these areas of price consolidation breakout boxes. Traders can take advantage of breakouts to jump early into newly forming trends with the potential to make extended runs once prices breakout, or to find areas of price consolidation within an established trend. This system makes use of the breakout box indicator and an 85 EMA to find a good signal

3.80/5 (374 votes)

Divergence is a useful tool for finding price reversal points from support and resistance zones. It usually gives us a relatively early signals compared to those given by moving average indicators. It can be successfully applied to many technical indicators and end up with good results.

This system makes use of two indicators. The first one is the Divergence indicator that will plot the divergence lines and the second one is the Bollinger Band. The Divergence indicator gives buy/sell signal according to the type of divergence that was detected. The indicator also is capable of drawing divergence lines for the whole history prices located within a specific chart.

4.17/5 (390 votes)

This is an easy system with two indicators, namely the trend magic indicator and the BB Macd indicator. Both indicators are the one of the best indicators out in the forex world. When doing visual backtest on the charts, you will notice that these two indicators work together hand-in-hand to confirm each other for good trades.

4.05/5 (390 votes)

How do we know when the trend started ? Well, the answers awaits in the article below. Most of the day, there will be some trends. The success in trend catching is how accurate is the system itself. Another success is not to be greedy as greed is one of the worst enemy to us, and so we scalp the trend. This system is a 1:1 risk-reward ratio as we want to protect our capital and profit at the same time.