184# Forex Invincible Signal Strategy
Forex Invincible filtered by Xcode and Precision Trend
Trend Following Strategy
Submit by Alexander
Forex Invincible Signal Strategy is a pure trend following forex strategy. But is also an example of how a well-made filter system can improve an interesting trading signal such as the Invincible Signal forex. I share this knowledge as always to help improve trading for those who follow me, of course I am not sure that everyone can win but I always strive to develop trading ideas that I hope are interesting and helpful. an example of how a well-made filter system can improve an interesting trading signal such as the Invincible Signal forex.
The problem with Forex Incincible signal was that in the lateral phases it can give false signals, but it is a good indicator does not give many false signals. So starting already with a good trading signal I eliminated 30% of the false signals filtering it with a slower trend indicator, I used Xcode (with slow setting).
In any case it seems that the filter seems to have greater utility at the 15 min time frame, if after a filtered signal the Xcode indicator changes direction from the side of the previous signal it is advisable to enter.
Time frame 15 min , 30, min, 60 min, 240 min.
Currency pairs: major.
Metatrader 4 indicators:
Forex Invincible signal
X Code 10, 4,
Precison trend default setting (optional).
Trading Rules Forex Invincible Signal Strategy
Buy
Forex Invincible Signal buy arrow
X Code direction up
Sell
Forex Invincible Signal sell arrow
X Code direction dow
Note: if after a filtered signal the Xcode indicator changes direction from the side of the previous signal it is advisable to enter.
Exit position options
At level of support and resistence, ratio stop loss 1: 1.2-1.5, with trailing Xcode.
Initial stop loss on the previous swing high/low.
In the pictures Forex Invincible Signal Strategy in action.
Telegram Channel: https://t.me/freeforexresources
Share your opinion.