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Sidus Trend Sniper Forex Strategy

Forex Strategy

Sidus Trend Sniper Forex Strategy

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.

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