Envelopes Winner Strategy is a very simple and very powerful forex trading system. This is a very simplified form of a forex trading system. There could not be any simple forex trading system than this. Beautiful part is even though this forex trading system is very simple it works very fine and it has the capability to compete with world’s most powerful forex trading setups. Envelopes winner strategy consists of only three indicators. You can trade this trading system on any time frames and with any currency pairs you like.
When you install Envelopes Winner Strategy in your trading platform, your chart should look like this:
- Envelope
Envelope indicator is a line which appears below and above the market. When the market is up trending this indicator appears below the market and when it appears above the market when the market is down trending.
- Winner Trend
Winner trend indicator consists of red and green bars. Green bars indicate strong bullish momentum and the red bars indicate strong bearish momentum.
- QTI
QTi indicator consists of green and red bars. Green refers to bulls while red refers to red.
Buying Conditions Using Envelopes Winner Strategy.
- The market you are looking should be up trending.
- Envelope indicator should appear below the market.
- Winner Trend indicator should form green bars.
- QTi indicator should form green bars.
- Execute your buy position when all of the above conditions are met.
- Place your stop loss below the recent support level.
- Book your profit when Envelope indicator appears above the market.
Selling Conditions Using Envelopes Winner Strategy.
- The market you are looking should be down trending.
- Envelope indicator should appear above the market.
- Winner Trend indicator should form red bars.
- QTi indicator should form red bars.
- Execute your sell position when all of the above conditions are met.
- Place your stop loss above the recent resistance level.
- Book your profit when Envelope indicator appears below the market.
Download Free Forex Envelopes Winner Strategy
