711# Forex Ghost
Trend reversal trading
Submit by Ryurik (Рюрик)
Forex Ghost is one the best trading system based on the envelopes, momentum and strength indicators. I am very happy to share this system. This forex strategy is for expert.
Description of the system
Suitable currency pairs:
Any, but preferably majors - EUR / USD, GBP / USD, USD / JPY, USD / CAD,
AUD / USD and other pairs with the US dollar.
M15, M30, H1, H4
SHI Silver Trend;
Envelopes (24, 0, 0.23);
Envelopes (24, 0, 0.38);
Envelopes (24, 0, 0.64);
Stochastic (21, 8, 13);
Money Flow Index (21);
Wuilliams % (35.
opening order conditions for the purchase of:
• Price Envelope reaches one of the lower limits which are
• There was a blue dot indicator SHI_SilverTrendSyg
• Stochastic shows oversold 20 level crossing from the bottom up
• RSI shows oversold 30 level crossing from the bottom up
• Williams% R shows oversold
Money Flow Index shows oversold
All conditions must be met at the same time!
opening sell orders Conditions:
• The price reaches one of the top Envelope boundaries that are
• There was a red dot indicator SHI_SilverTrendSyg
• Stochastic shows overbought 80 level crossing from top to bottom
• RSI shows overbought 70 level crossing from top to bottom
• Williams% R shows overbought
• Money Flow Index also shows overbought
(All conditions must be met at the same time!)
Closing the gap:
Changing the direction of the trend.
Opposing evidence of any of the indicators.
Trailing Stop 10 points.
Stop loss - 30-40 points.
In the pictures Forex Ghost in action.