574# Hercules DW

Retracement Trading

Submit by Hercules De Vries 2017


The hercules indicator/strategy is based on pullbacks.

The indicator can be used on every forex pair.

I recommend the M5 timeframe.


The indicator generates great risk/reward -ratios and many opportunities to trade.

The indicator shows trends very good and quite early as well.

The indicator does not repaint or recalculate the past at all once a bar is closed.

Very simple to trade.

Only 1 indicator needed to detect trend and see entries.


Trading rules Hercules DW



- Wait until a new trend is established (bar color change to blue)

- Open a buy on the first up-arrow.



- Wait until a new trend is established (bar color change to red)

- Open a sell on the first down-arrow




Set your SL from 15 to 50 pips, your TP = SL x 2. So if your SL = 15 pips, your TP should be 30 pips. It all depends on a pairs volatility.

When your SL got hit, wait for another trade in the same direction. But the entry must be higher/lower than your hitted SL. 


As an alternative you can open a trade directly once a trend changed.

See pictures for global samples.

If you have any questions, let me know.


Kind regards from Hercules.

In the pictures Hercules DW in action

Hercules DW
Hercules DW
Hercules DW
Hercules DW
Hercules DW
Hercules DW

Share your opinion, can help everyone to understand the forex strategy.

Comments: 24
  • #24

    Admin (Friday, 21 April 2017 01:16)

    This post has been suspended.
    Do not buy the full version of this product.


  • #23

    Vito (Thursday, 20 April 2017 21:26)

    Hi Hercules,

    The indi has expired..can you share the newest version?

    PS: Great Indicator

  • #22

    Admin (Thursday, 20 April 2017 12:56)

    This post has been suspended.

  • #21

    Ramirez (Monday, 17 April 2017 18:41)

    Anyone advice for sl and tp on gold?? Thanks!!

  • #20

    Pablos (Sunday, 16 April 2017 23:57)

    I like of all indicators! Thanks!

  • #19

    Marks (Saturday, 15 April 2017 00:45)

    I have tested it on the majors only. Some days are hard but most of the days are profitable indeed. I see it on weekly base. It is profitable and most profitable on gbp/usd usd/jpy and eur/usd. Did not test on cross pairs yet. Thanks fsr

  • #18

    Gerard (Friday, 14 April 2017 21:17)

    Has anyone tested this indicator on EUR / USD and GBP / USD?

  • #17

    Marc (Friday, 14 April 2017 18:10)

    Diego've had a good result thanks for sharing it.

  • #16

    Diego (Friday, 14 April 2017 12:13)

    Hello Leo, if i may i will share my usage of the indicator. I am feeling that i owe the author and the website to tell my experiences with it. Untill now i made very good profits.
    Normally i find always flaws in a system after a while that made me unsure to use them on my live accounts.
    But i've tested this one on demo 2 weeks and since then i dared to use it live on 1 of my small accounts.
    So far it generated profits but only on the M5 timeframe and exactly how the author described to use it.
    I highly suggest to use it on 2 pairs in the beginning; usd/jpy and eur/aud (both 15 pips sl and 30 pips tp). Because at most brokers the spread are low on those 2 and the volatility is good. Enough chances to make profits. I do not use an extra filter because, as the author said, it already filters. If you filter a filter, you exclude some great moves also and it would become another system. I use another filter instead; time. I trade during volatile times like the UK and US sessions. At this point i gained the following;
    week 1 (demo) usd/jpy: +111 pips
    week 1 (demo) eur/aud: +68 pips
    week 2 (demo) usd/jpy: +77 pips
    week 2 (demo) eur/aud: +163 pips
    week 3 (live) usd/jpy: +56 pips
    week 3 (live) eur/aud: +81 pips
    week 4, this week, (live) usd/jpy: +79 pips
    week 4, this week, (live) eur/aud: +101 pips
    But still it is too early to say that this indicator is a solid way of living but after 100s of indicators and systems, it looks very good. But i am still very casious with my findings. Just use it on max 2 volatile pairs during volitile times and stick with the rules. No emotions or whatsoever. Thanks to the author and the website for publishing this!!

  • #15

    Leo (Friday, 14 April 2017 00:58)

    How to filter this indicator?
    That filter could be added?
    Hercules can provide guidance.
    Thanks for sharing.

  • #14

    Leo (Friday, 14 April 2017 00:54)

    Mohammed, Hercules what is the best sl and tp. Ratio SL/TP.

  • #13

    Mohammed (Friday, 14 April 2017 00:36)

    on most pairs profitable indeed after strategy testing and live forward testing but not so much on higher timeframes like h1. When very profitable on m5. so i thank you

  • #12

    Hercules (Thursday, 06 April 2017 15:17)

    Hello Mark, for swing there will come one soon. Still testing that one.

    Hello Hakim, it is up to the trader to use Martingale. I personally don't use it. But if you do, calculate the max steps Martingale what you are consider to loose.

  • #11

    Hakim (Wednesday, 05 April 2017 08:38)

    Hello. Do you advice using martingale whenever there was a loss? It is already profitable but it seems martingale can be applied here because of the high winrate. Please let me know. Thanks for this system!

  • #10

    Mark (Monday, 03 April 2017 17:34)

    great concept. i did forward testing in live market. very impressive results. but only on small timeframes. you have also one for swing? then i am complete as a trader ;-)

  • #9

    Rachid (Thursday, 30 March 2017 12:56)

    Wow i like these one very much. Thank you fsr!!! And ofcours the creator of indicator

  • #8

    Hercules (Monday, 27 March 2017 23:48)

    The indicator is based on several osci's; stochastic, rsi, trending indicators; 2 ma's and a volume indicator; mfi

  • #7

    Claudio (Friday, 24 March 2017)

    The colors of the candles are based in MA, RSI, Stock?

  • #6

    Lennard (Wednesday, 22 March 2017 19:53)

    Thanks for sharing. I like it a lot and made good profits this week. Let us see for the coming weeks

  • #5

    Joshua (Tuesday, 21 March 2017 00:08)

    I like this indicator.
    great share!!!

  • #4

    Freddie (Tuesday, 21 March 2017 00:05)

    This is a good indicator for trading.
    It lacks a comprehensive idea of strategy.
    The pullback is described generic.
    The idea is good and you can start practical work to improve it.

  • #3

    Hercules (Monday, 20 March 2017 14:00)

    Hello James, that is a bit dynamic. I advice you to use ADR as a guide. If a pair's ADR is 120 pips, use 20% of it as TP and 10% as SL. So in this case 24 pips as TP and 12 pips as SL.

  • #2

    David (Monday, 20 March 2017 00:54)

    Awesome. Thanks!

  • #1

    James (Sunday, 19 March 2017 21:43)

    Pretty cool! Do you have recommendations for TP/SL for Major Pairs?

    Best wishes!