Strategy: Flip 55
The Flip 55 is a trend-following strategy. This simple approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%.
Advisable Timeframe
This strategy is adaptable to varied timeframes, including H1, H4, and Each day. Although it might be applied to timeframes lower than H1, optimal results are typically achieved throughout the H1, H4, and Each day timeframes.
Trade Details
Currently, the Flip 55 strategy has identified a trading opportunity on the GBP/CHF pair throughout the H4 timeframe. I’ve shared a trade setup image on your reference. The small print of the trade are as follows:
- Pair: GBP/CHF
- Timeframe: H4
- Buy Stop: 1.12160
- Stop Loss (SL): 1.11645
- Take Profit (TP) 1: 1.12805
- Take Profit (TP) 2: 1.13450
- Take Profit (TP) 3: 1.13835
Lot Size
For risk management, make sure you don’t risk greater than 2% of your account per trade. For example, with a $10,000 account, the utmost risk must be $200.
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To Your Success!
Tim Morris
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Tim Morris is a work at home dad, home-based forex trader, author and blogger by passion. He likes to research and share the most recent foreign currency trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to find a way to learn and download various kinds of foreign currency trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com