Reversal Forex System – Extreme Spike Trading Strategy with Super Signals Channel.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
Extreme Spike Reversal Strategy is a system for Forex market. This system is suitable for Forex because currencies tend to move in range.
- Time Frame: 30 min or higher
- Currency Pair: EURUSD, GBPUSD, and all major pairs
MetaTrader Trading Indicators
- Extreme Spike
- Super Signals Channel
- Trend Step MA
- I-Sessions
- Candle Countdown
- Relative Strength Index
BUY Rules
- SELL Extreme Spike (oversold)
- Super Signals Channel green arrow
- Trend Step MA green color
- Relative Strength Index upward and above 50
SELL Rules
- SELL Extreme Spike (oversold)
- Super Signals Channel green arrow
- Trend Step MA green color
- Relative Strength Index upward and above 50
Trading NOTES
- This is overbought and oversold strategy with cycle indicators
- Advantages This system works good in sideways market
- Disatvantages In trending markets can make mistakes
- The best time frame for this system are 4h and daily
- You can use this system also for binary options high/low expiry time 2-5 candles