1-2-3-Go System (No Indicators)

Hello everyone,

This is a very simple system that depends solely on price action. It does not use any indicators other than the price itself. This system consists of only 3 candles. The third candle is your signal. I call this a "signal candle". The time frame can be any time, but I prefer daily. It's not limited to any one pair. So you can trade any currency pair you want.

long rules

1- The closing price of the signal candle is higher than the highest closing price of the previous 2 candles
2- The length of the signal candle body is greater than the length of any previous candle body
3- The length of the signal candle body must not be greater than twice the length of any preceding candle body
4- Enter the trade when the signal candle is completed
5-Exit the trade at the end of the trading day

Short selling rules

1- The closing price of the signal candle is lower than the lowest closing price of the previous 2 candles
2- The length of the signal candle body is greater than the length of any previous candle body
3- The length of the signal candle body must not be greater than twice the length of any preceding candle body
4- Enter the trade when the signal candle is completed
5-Exit the trade at the end of the trading day