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Sidus Trend Sniper Forex Strategy

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    Here’s another low risk trading strategy with very simple to follow trading rules.

    The Laquerre indicator is a great filter for false signals.

    I’ve tested this strategy thoroughly on the EUR/USD 1 hour charts and it is profitable in the long run.

    You can test this strategy on other currency pairs as well if you like this style of low risk trading.

    Trading Tools & Settings

    Indicators: Sidus v.2, Laquerre with settings (gamma: 0.66)
    Time frame(s): 1 Hour
    Trading sessions: Any
    Currency pairs: EUR/USD

    Download

    Download the Sidus Trend Sniper Strategy.

    EUR/USD Hourly Chart Example

    forexstrategy124

    Trading Rules

    Buy Trade Rules:

    • Sidus up arrow appears on the chart
    •  Laquerre above 0.15 from below

    Set the stop loss under the most recent swing low. The maximum SL is 50 pips. Set the take profit to 75 pips.

    Sell Trade Rules

    • Sidus down arrow appears on the charts
    • Laquerre below 0.75 from above

    Set the stop loss above the most recent swing high. The maximum SL is 50 pips. Set the take profit to 75 pips.