Rocket Forex Strategy +216% (for 12 months)

Rocket Forex Strategy +216% (for 12 months)

 Rocket Strategy

The Rocket forex trading strategy is quite simple. In this system, indicators are not used at all, signals are generated exclusively in the direction of the trend of the senior order, which provides high chances of making a profit. This strategy is developed for one currency pair, but it is possible that it can be effective with other pairs as well (although this has not been tested).

There are no indicators.
The currency pair is GBP/JPY.
The oldest time interval is D1.
The younger time interval is H1.

Terms and conditions for Buy using the Rocket strategy

1) On the daily interval (D1), the next candlestick closes with a green body. The upper shadow of the candlestick is insignificant and smaller than the lower one.

Forex Strategy Rocket

2) The next day, a buy signal is expected on the H1 time interval (the signal can be formed the next day or one day later).
3) On the hourly chart (H1), you need to wait for the formation of an initially confident candlestick with a green body, and after it, a candlestick with a shadow from below should form. Between these two candlesticks there can be only one small candlestick. Also, this candlestick should not be reflective with a shadow on top.

Types of candlestick combinations for Buy:

Forex patterns

4) When we have received the required combination of candlesticks, we open a buy order.

Forex Strategy Rocket

5) The stop-loss is set at the minimum of the day (or a more pronounced minimum, but exactly below the minimum of the day). The stop should be at least 55 pips and no more than 100 (all pips are given for 4 characters).
6) After passing in the positive zone the distance equal to the stop-loss order (at least 60 pips), the transaction is transferred to a breakeven.
7) Take-profit should be 3 times larger than the stop-loss order (risk reward 1:3).

Terms and conditions for Sell by Rocket strategy

1) On the interval D1, the daily candlestick closes with a red body. The lower shadow is insignificant and smaller than the upper shadow.

Rocket Forex Strategy

2) A sell signal on the H1 interval is expected throughout the next day (the signal can be formed the next day or one day later).
3) On the H1 chart, it is necessary to wait for the formation of an initially confident candlestick with a red body, and after it, a candlestick with a shadow from above should form. Between these two candlesticks, there can be only one candlestick and one that does not have significant dimensions. Also, this candlestick should not be reflective with a shadow from below.

Here are the candlestick combination options for sale:

Forex patterns

4) When we have received the required combination of candlesticks, we open a sell order.

Rocket Forex Strategy

5) The stop-loss insurance order is set at the high of the day (or above a more pronounced high, but definitely higher than the high of the day). Stop should definitely be at least 55 pips and no more than 100 pips.
6) After the price passes in the "+" zone a distance equal to the stop loss (at least 60 pips), the transaction is transferred to the break-even point.
7) Take-profit should be 3 times larger than the stop-loss order (risk reward 1:3).

Test results

The test of the Rocket forex strategy was conducted with a dynamic lot.
Profitability schedule of TS Rocket from April 1, 2019 to March 31, 2020 inclusive (1 year):

Rocket strategy test results

The chart is clearly not uniform, but upward, we see subsidence and sometimes they are protracted, but in general, in 1 year, the profit turned out to be almost at the maximum of the deposit.

See detailed test statistics for GBP/JPY. in the table below:

Rocket strategy test results

We also publish for you a detailed report on all operations during the vehicle testing period:
Total transactions - 58. Profitable - only 25. Unprofitable - 32, the rest - closed to zero.

Rocket strategy test results

Rocket strategy test results

So, the test results show that the Rocket strategy is quite profitable!

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