Rating of Forex strategies

After taking the first steps towards becoming a successful trader, every beginner faces the need to apply certain trading rules and systematic actions in their trading.

Yes, systematic ones, so the first thing that comes to mind is creating your own unique trading strategy. But is it really that easy? Believe me, no matter how hard you try to create something unique and inimitable at the beginning, it's already been created and tested by someone else.

You ask why?

The fact is that beginners have a rather limited set of tools at their disposal, namely standard indicators, from which they have been trying to recreate something new for years.

However, you can take a different approach and avoid wasting precious time by stepping on the same rake, and instead use ready-made trading strategies.

Our website, like many information resources, offers a wide range of different trading strategies that are available for free download.

However, to make it easier for you to choose a trading strategy, we decided to create our own ranking of trading strategies and focus your attention on them.

Forex strategies included in the rating.

The first strategy we recommend to beginners is called the " Forex Breakout Strategy ." So, why did we highlight it first? First, I'd like to point out that the strategy is based on breaking through the so-called time boxes formed by the indicator during a given trading session.

The second reason we recommend this strategy is the time it takes to trade. The strategy requires you to set two pending orders that are set to settle exactly at the boundaries of a specified range.

Since you clearly know where your stop orders and profit targets will be when setting pending orders, you don't need to spend 24/7 fidgeting, significantly reducing the psychological strain.
 
The second strategy we've included in the ranking is called the " 3-BAR BUY/LOW SET UP TRADING STRATEGY ." So, what's so special about this trading tactic that we've included it in our ranking?

First, it's worth noting that this strategy isn't just technical, relying solely on indicators, but also incorporates elements of candlestick analysis. Indeed, it's the philosophy of combining two diametrically opposed styles that makes this strategy more profitable.

 

However, it's worth warning right away that signals from this tactic are extremely rare, yet highly effective. Beyond the praise, it's worth noting that the strategy exerts a strong psychological strain, as the signals are aimed against the main trend, specifically at its reversal.

So, if you're not prepared to take risks, this strategy isn't for you.
 
The third strategy we'd like to recommend is called the " RSI STRATEGY ." Don't think this is just another story about the popular RSI indicator, complete with detailed instructions on how to use it.

However, in a strategy that consists of several indicators, the RSI performs a rather unusual function: it signals a possible price reversal, after which, based on the readings of the other indicators, a position is entered directly.

Due to the strategy's heavy reliance on trend indicators, it produces slightly lagging signals, but you should be clear that positions last for a long time and generate quite a good profit.
 
The fourth strategy worth considering is called " SUPER CHANNEL SCALPPER ." Firstly, this strategy is only suitable for traders who are fully committed to trading.

This strategy requires the trader to be fully engaged in the market, as the chart used is one-minute or five-minute, and the trading style itself is called scalping . The essence and philosophy of the strategy is that the price, as it moves, forms a so-called channel or range, within which deviations from the golden mean occur.

You will receive signals from the indicator when the price touches this market channel, and all your signals will be directed towards the main trend, since the strategy includes a filter for determining global movement.

The strategy itself is very simple to use, and the number of signals will please even the most active trader.
 
The fifth and final strategy in our ranking is called " FISHER ." This strategy stands out for its simplicity, as it relies on only two indicators, one of which is the well-known and popular FISHER oscillator.

The strategy combines a trend indicator and an oscillator, making it more than balanced. It's primarily aimed at beginners.

In conclusion, it is worth noting that the main mistake beginners make is focusing on only one specific strategy.

Unfortunately, this is the biggest misconception beginners make, as professionals always use two or more opposing strategies, which we recommend you do too. You can find other trading options at http://time-forex.com/strategy