1 Hour Profitable Forex Reversal Strategy

1 Hour Profitable Forex Reversal Strategy

4.60 out of 5
(5 customer reviews)

£5.00

1 Hour Profitable Forex Reversal strategy is intended for bearish reversals primarily on the one hour chart. However, it can be used effectively on the 15 & 30 minute chart as well. This strategy consists of three

Description

1 Hour Profitable Forex Reversal strategy is intended for bearish reversals primarily on the one hour chart. However, it can be used effectively on the 15 & 30 minute chart as well. This strategy consists of three

Trading this strategy is not difficult; however, finding suitable setups may be hard because of the higher likelihood that they will be profitable. To trade this strategy effectively,

How to Trade 1 Hour Profitable

Trading this strategy is not difficult; however, finding suitable setups may be hard because of the higher likelihood that they will be profitable. To trade this strategy effectively, you must follow three rules:

  1. The Stochastic indicator MUST show overbought conditions, meaning it must be above the 80 levels.
  2. The Parabolic SAR must be ABOVE price and not below it.
  3. The candlestick from which we are taking the trade from MUST close below the Weighted Moving Average. Here is an example of a perfect setup:
  4. As you can see, the Stochastic indicator showed the price was overbought. The Parabolic SAR was above price, and the candlestick from which we took the trade closed BELOW the Weight Moving Average. We would have taken the trade just as the candle closed, as shown by the red arrow.

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5 reviews for 1 Hour Profitable Forex Reversal Strategy

  1. 4 out of 5

    John M

    Very Best Indicator and easy to use . I recommend to buy.

  2. 5 out of 5

    khalel9078

    Professional team and easy to work with this.

  3. 5 out of 5

    kriswaters

    It was very easy to work with. I have used and I am very happy with this work.

  4. 5 out of 5

    Luckas Khalufan

    This is very helpful. I am very satisfied with this strategy. Highly Recommended

  5. 4 out of 5

    Hlolani Baloyi

    Same as described Recommend

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