FIG: Forex Income Generator Daily Timeframe Strategy.
FIG is one of the most elegant, intuitive and at the same time most simple strategy I have come across over the years. It was introduced by a big firm for its premium clients and so far I haven't come across a lot of people who are familiar with the strategy... It is a daily strategy and it uses two EMAs 5 and 20..... 5 ema has two envelopes with Standard Deviation 0.6 and 1.2...... I am providing the template so it has all been worked out..... At the time they introduced it, the system produced 80% profitable trades. Back testing may tell you how profitable it is today...... It works in trending markets when the two EMAs are visibly sloped either to the down side or the up side.... They suggested using 1% per trade because there is a 20% downside to the strategy..... Using 1% per trade would ensure that you survive the losing streaks when they happen....