Forex Firebrand Strategy provides signals with great accuracy so that you can only enter the best and most profitable trades with maximum profit! System indicators are never redrawn, so you can be sure that none of the generated signals will change in any way!
Currency pair: any
Trading time: any
Recommended brokers: ALPARI, WForex, Amarkets
Firebrand is a manual Forex trading system that consists of a combination of technical indicators and a chart template for the popular MetaTrader 4 (MT4) platform. It generates super-accurate signals, allows you to enter earlier and allows you to follow the trend to the very end.
The Firebrand strategy eliminates the emotions of trading, significantly reduces risk, and signals powerful trading opportunities before they become apparent to the naked eye. It catches strong mini-trends before they even take shape and unlocks the best opportunities. It also detects winning odds on small market moves that you would most likely miss.
It works perfectly and efficiently with all currency pairs and commodities. Thus, you can choose any trading instrument convenient for you. The system provides simple signals that are displayed directly on the chart.
The Firebrand system analyzes the market behind the scenes using a built-in algorithm to try to find buy and sell entry signals in trends.
Changes in market sentiment are indicated by a change in line color.
The indicators will display a blue line if there is a favorable buy condition and a purple line if there is a sell condition.
You can trade on signals for both system entries and exits, or you can add your own additional technical, fundamental analysis, sentiment analysis and Price Action for filtering.
This strategy will work on any chart time frame, so it is suitable for scalping, swing trading and day trading. It is best to work on the larger time frames (1 hour +) as they tend to pick up some of the larger trend movements and this also means less time has to be spent studying the charts.
Trade any Forex currency pair or other instruments including stocks, commodities, cryptocurrencies, previous metals, energy, etc. We usually trade major currency pairs such as EURUSD and GBPUSD as they can have some of the most liquidity and narrower spreads, especially when using an ECN forex broker.
Firebrand’s strategy can be configured to send alerts when a new input is detected, if you don’t want to sit at your computer all the time. Alerts can be sent via email, SMS and platform toast notifications.