Premium Scalper Indicator 2.0 FREE Download
1 Hour Forex Reversal Strategy
1 Hour Forex Reversal Strategy

Getting Started

This strategy is intended for bearish reversals primarily on the one hour chart. However, it can be used effectively on the 15 & 30-minute chart as well. This Forex reversal strategy consists of three indicators. Those indicators include:

  1. 14 Period Weighted Moving Average (closed)
  2. Parabolic SAR (.02,.02,.2) Start=.02 Increment=.02 Max Value=.2
  3. Stochastic (14,3,3) K=14 D=3 Smooth=3
Premium Scalper Indicator 2.0 FREE Download

How to Trade

Trading this strategy is not difficult; however, finding suitable setups may be hard because of the higher likelihood that they will be profitable. To trade this strategy effectively, you must follow three rules:

  1. The Stochastic indicator MUST show overbought conditions, meaning it must be above the 80 levels.
  2. The Parabolic SAR must be ABOVE price and not below it.
  3. The candlestick from which we are taking the trade from MUST close below the Weighted Moving Average. Here is an example of a perfect setup:
1 Hour Forex Reversal Strategy(1)
1 Hour Forex Reversal Strategy(1)

As you can see, the Stochastic indicator showed the price was overbought. The Parabolic SAR was above price, and the candlestick from which we took the trade closed BELOW the Weight Moving Average. We would have taken the trade just as the candle closed, as shown by the red arrow.

Here’s another example:

1 Hour Forex Reversal Strategy(2)
1 Hour Forex Reversal Strategy(2)

As you can see this strategy would have resulted in two profitable trades.

Read More : THE RSI DIVERGENCE STRATEGY

Latency: 0.46 ms

2 Weeks Free Trial

100% Free for 24 Months

Licensed Window Server 2022

Low Spreads
Leverage up to 1:500*

No Commission

Free TradingView Premium*

FREE VPS for Traders*


Min Deposit of 50$
Allow USA Traders
Levergae up to 1:2000

Download a Collection of Indicators, Courses, and EA for FREE

Premium Scalper Indicator 2.0 FREE Download