The Bulldozer: Universal Forex Strategy for Major Currency pairs

An effective and profitable strategy named the Bulldozer was created to receive accurate and high-quality signals for making trades. Due to the clarity of its signals, the strategy is very often used in trading.

Trading with this strategy is not difficult, so it is suitable even for beginners. It can be used with any currency pairs on any time frame, however, it is still recommended to use an interval not lower than H1.

Strategy indicators

Forex strategy Bulldozer is based on the functioning of three indicators: Exponential Moving Average with different periods and Awesome Oscillator. The combination of these indicators forms a convenient and logical trading strategy. Thanks to the EMA indicator, buy or sell signals will be generated, and the Awesome Oscillator, consisting of columns with the growth and fall value, will determine the current trend in the market.

• EMA 70-is a slow exponential moving average with a value of 70 that calculates the closing price.

• EMA 21-is a fast exponential moving average with a value of 21 that calculates the closing price too.

• Awesome Oscillator -the parameters of this indicator remain unchanged.

In addition to the above, for the own convenience, it can be changed the colors and width of lines or columns in the indicator settings.

Making trades using the system

Thanks to the simple indicators that underlie the strategy, it will be very easy to make trades.

Conditions for Buy trades

• -The Awesome Oscillator indicator must determine an uptrend, that is, at least three columns with a growth value must be directed upwards.

• -The signal candle closes above the EMA 70.The indicator EMA 70 is above the EMA21 indicator.

If the above conditions are met, a buy trade can be opened. The stop loss order is placed below EMA21, while the take profit can not be set at all, since the position can be closed manually. The trade should be closed if more than three columns with a growth value are directed downwards. Also, the trade should be closed if a downtrend is determined in the market, and the moving averages change their position in the reverse order.

Conditions for Sell trades

A sell trade is made if a downtrend is detected in the market, that is, at least three columns of the Awesome Oscillator indicator have a fall value and are also directed upwards.

• -The signal candle closes below the EMA 70.

• -The EMA 70 indicator is below the EMA 21 indicator. If the above conditions are met, a sell trade can be opened. The stop loss order is set above EMA21, while the take profit can not be set at all, since the position can be closed manually. The trade should be closed if more than three columns with the fall value are directed downwards. Also, the trade should be closed if an uptrend is determined in the market, and the moving averages reverse their location.

Conclusion

The Bulldozer strategy is a very effective and profitable strategy. And in order to conduct profitable trades, it should be carefully studied all the nuances of the strategy. And before using it, recommended to practice on a demo account.