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Forex GRaB Candles Trading System


GRaB Candles Trading System – One of the best and simplest strategies is a simple trend-following approach that uses a trading indicator known as the GRaB Candle indicators.

Trading NOTES

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  • Time Frame: 15 or higher
  • Currency Pairs: Any

 

MetaTrader Trading Indicators
  • Brain Trend 2Sig Alert
  • Grab Candle Long
  • Grab Candle Short
  • Grab Candle Range
  • Woodie CCI

 

BUY Rules


  • Brain Trend 2Sig Alert: Blue arrow
  • Grab Candle Long (green candles) above the Grab Candle Range (Channel MA)
  • Woodie CCI:
    • Green histogram
    • CCI line upward and above 0 level

 

SELL Rules

  • Brain Trend 2Sig Alert: Red arrow
  • Grab Candle Short (red candles) above the Grab Candle Range (Channel MA)
  • Woodie CCI:
    • Red histogram
    • CCI line downward and below 0 level

 

Trading NOTES
  • Initial stop loss above or below the previous candle
  • Best Risk Reward Ratio 1:2 or 1:3

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READ  FSP Short Trend Forex & Stocks Trading Strategy

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