Simple Reversal Trade

Author: [email protected]
Trade Strategy: Reversal Trade
Trading System Type: Automated
EA characteristics: Auto SL, TP, lot sizing

EA 100% free for public use:

Platform: cTrader/cAlgo faster execution then MT4, if no cTrader account yet try to create demo here using cTrader ECN account type https://www.tradersway.com/?ib=1151115 better to try the strategy as practice to know if the trading system works and gaining profit

Trading system can be mirror into Live/Demo account for free for mirroring link https://cm.spotware.com/subscription/6160747/62526

Strategy
Buy once the lower channel hit and SELL once the upper channel hit.
Target Limit: Once the channel hit, the limit will set on the reversal channel position as default

Timeframe: 5mins chart as default can be customized into larger timeframe

Trading statistics: https://www.myfxbook.com/portfolio/fxsirhc100/2271013

The Trading System were online dated August 18 2017 from 400usd as capital turn into 1K and the total pips gained were around 2K pips.



Total numbers of live/demo account 40.

I don’t prefer to go for random stuff like Reversal Trade and such, as I feel that’s too risky and complicated way bit like Martingale method. I love to keep my way very much straight forward because I know that’s the BEST way for anyone to gain. I have found it much easier with OctaFX broker since their facilities help a lot. I enjoy trading through their ECN account in particular, as that’s really helpful and makes it easier for me to work out!

Here is a free EA open to the public for downloading running in cAlgo/cTrader. Endjoy making money