Expert opinion. This strategy was used on four-hour charts and with the currency pairs GBPUSD and USDJPY. If you want to try it with another commodity, you should first test and back-test it before finally trying it out for real with the minimum multiplier.
Expert opinion. This is an example of the simplest possible strategy. All key parameters for working systematically have been taken care of. This is ideal because, that way, the strategy allows you to focus on the theory instead of getting bogged down with rules: this is crucial for successful trading.
Expert opinion. Three consecutive candles in a row constitutes confirmation by the chart that a trend is about to form. Don't get scared if the price rolls back down after these candles. After all, waves and corrections are the natural order of the markets. Indeed, there are no movements which are not subject to corrections.