Dear friends, the new 2016 trading year, we decided to start publishing a fairly simple, yet effective strategy forex "The double zero", in which only one indicator and the round price level with the end in two zeros (for the four-digit broker).
To trade you can use any MT4 broker, look for them in the ranking of brokers reviews
Despite the simplicity of this strategy, its average monthly earnings in the region of 120 points. There are also much more profitable months, for example, in September 2015 (about 250 items), but also a monthly profit of 40 pips in the same case. Over the past six months in 2015 it was found negative months. Stops triggered not often, and taking into account the ratio of profit to a loss of 2 to 1, the resulting stop by themselves, and not felt.
Timeframe - M15
Currency pair - any, multi-currency strategy, but the results given above relate only to the currency pair eur / usd.
Indicators:
1) Exponential Moving Average with a period of 20 - EMA (20).
Terms and conditions for purchases of forex "The double zero" strategy:
1) Price is below the moving average with period 20 on a decent distance.
2) The very moving average clearly tilted down.
3) reduction in price reaches a level with the end of the round in the form of two zeros (1.1200; 1.1300; 1.1400, etc.)... The next candle should be sure to close below this level.
4) Once the price above this level will be closed and the next candle opens on its closing the deal on a purchase. Price still has to be below the EMA20.
5) Stop-loss is set at a distance of 20 points.
6) After passing the 20 points in the positive zone deal translates to breakeven.
7) Take-profit set at a distance of 40 points.
Conditions for sale in "Dual zero" strategy:
1) Price is above the EMA 20 - moving average with period 20 on a decent distance.
2) The very moving average - a red line in the figure above clearly tilted upward.
3) Price when moving up reaches level with the end of the round in the form of two zeros (1.1200; 1.1300; 1.1400, etc.)... And the next candle should be sure to close above this level with 2 zeros.
4) As soon as the price falls below this level, and will close another M15 plug on its closing of the transaction is opened for sale. The price still has to be above the EMA20.
5) A safety stop-loss order is set at a distance of 20 points from the entry point into the market.
6) After passing the 20 points in the positive zone deal is translated into the level of opening of the order - the black.
7) Take Profit order is set at a distance of 40 points from the entry point into the market.
