VForce - Take the Market by Force

In today's video review, we will examine the VForce forex strategy, which combines 8 time-tested indicators. Moreover, you will not see them on the chart, we will focus specifically on opening positions. After all, in any system we are essentially interested precisely in sell and buy signals, and excessive chart clutter on the monitor screen sometimes only gets in the way of making the right decisions.

Strategy type: Level breakout + Trend following

Currency pair: EURUSD

Timeframe: M15

Rules for buys:

After a Blue candle appears and closes, place a pending order 12 points above the High  of this candle, with a stop-loss 10 points below the Low of the signal candle. If within 4 candles after the signal one the pending order has not been triggered, delete it. If the order is triggered, close 80% of the position with a take-profit of 20 points, and leave the remaining 20% without a take, enabling a 50-point trailing stop. (To set a trailing stop automatically, you can use the Forex Trailingator expert advisor)

Rules for sells:

When a red candle appears, place a pending order 10 points below the Low of this candle, with the order stop set 10 points above the High of the signal candle. If within 4 candles after the signal one the pending order has not been triggered, delete it. Profit-taking for sells is carried out in the same way as for buys (see above).

A more detailed breakdown of the system is presented in the video.

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