Strategy 6

Here is a new strategy which is quite similar to Ashi Strategy.

In case if you need the template please fill in the contact form. And yes it is free.

The currency Forex pairs this system works with are (I tested only on these pairs);

* EUR/USD

* GBP/USD

* GBP/JPY

* EUR/JPY

Indicators:
Envelope (14), ADX  & Volume

Time Frame: H1 / H4

Take trades if the price closes outside the envelope and there is enough volume to push your trade.

I won't guarantee you won't lose any trades. But you can win fair enough trades. I usually keep 30 pips TP (just my choice). Please USE STOP LOSS. My SL will be the high / low or the candle which has closed outside the envelope.

Good luck.