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Home » Take a Shoot With Striker Strategy

Take a Shoot With Striker Strategy

by Dave Posted in Forex Strategies

The most difficult part of trading is to make decisions. Because of that it is crucial that every trader should find a method/system which suits his/her own situation and personality. And of course that system/method must be the one that has proven to be able to make money. I believe this system will do all the hard work for you. All you have to do is just following the signals.

If you are a day trader who prefers short-term time frames, this system is excellent for you. Suggested time frames for this system are 1-hour and 30-minute. You can possibly trade any currency pairs by using this system.

Remember that there are four key principles for trading

  • No Fear — when you to enter a trade
  • No Surprise — when things don’t happen as you thought
  • No Hesitation — when you are about cut your loss or take your profit
  • No Doubt — when you have a logic behind your trading system

Now please have a look at the chart below before I explain this profitable and simple strategy:

Striker Strategy

This trading strategy consists of two powerful indicators: The moving average and Fisher oscillator. The moving average is one of the most popular indicators. It is used to identify areas of short term support/resistance and to determine the current trend. Fisher oscillator tells us when to enter the trade.

Trading Rules:

Buy Signal:

  • Price has to be above the moving average
  • Wait for Fisher oscillator to turn to blue.

Sell Signal:

  • Price has to be below the moving average
  • Wait for Fisher oscillator to turn to yellow.

 

Striker Forex Strategy Signals

Profit Target: 20-30 pips.
Stop Loss: 25 pips (30M chart), 40 pips (1H chart).

Download Striker Strategy

Download Include
Indicator: !XPS v8 INV FISHER.ex4
Template: striker strategy

Filed Under: Forex Strategies Tagged With: Forex Strategy

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Comments

  1. emeka nwaeke says

    June 4, 2014 at 7:56 pm

    i appreciate your gift i have download it and i believe it will work so thanks

    • Dave says

      June 5, 2014 at 4:30 pm

      You are welcome, good luck!

  2. ABDUL KHAN says

    June 5, 2014 at 7:09 pm

    I HAVE DOWNLOADED BUT SOME HOW CAN NOT USE ON TO MY MT4.
    COULD YOU PLEASE EXPLAIN HOW TO DOWNLOAD ON TO MT4?
    THANKS

    • Dave says

      June 5, 2014 at 10:52 pm

      Unzip file, upload indicator and template on right folder, type in YouTube: How to install MT4 indicator.

  3. allan says

    June 6, 2014 at 2:08 am

    unable to use/get to operate/anything the indicator. template works but that is all

    • allan says

      June 6, 2014 at 4:17 am

      i even got the source code but it would not compile
      giving it a miss

  4. Gergo says

    June 27, 2014 at 8:30 am

    Ohh god, this is amazing system!
    Profit ratio is 75-85%!

    Thank you!!!!! 🙂

  5. Tony says

    July 31, 2014 at 6:00 am

    Hi, This looks good but only have one question 🙂
    Does this fisher indicator repaint or its non repainter? 🙂
    Thanks 🙂

  6. Dave says

    August 7, 2014 at 3:52 pm

    Price always can change direction, indicators follow price so answer would be yes. This indicator will help you to detect possible entry for buy and sell. Indicator also follow trend and detect trend reversal. There is a lot of useful information which you can read using this indicator.

    I hope you can understand how to use it.Basically you need some experience no matter which indicator you use.

    • Tony says

      August 8, 2014 at 5:36 am

      Yep. Thanks 😉

  7. nesh says

    August 21, 2014 at 7:37 am

    i couldnt download to my latest platform.. can anybody help..

  8. victor says

    October 31, 2014 at 8:22 am

    the file is rar is not working on my metatrader.i need help please.

  9. S M says

    November 7, 2014 at 3:29 pm

    I have downloaded the template and can load this into MT4 but the indicator never appears. I am an experienced user of Mt4 and know where to put the file. I have tried this with three different MT4 brokers – same issue. Any feedback appreciated

  10. S M says

    November 7, 2014 at 5:05 pm

    Sorted it – needs to be in local user directory on Windows 8

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