Strategy: 3/12 Tunnel

The three/12 Tunnel is a trend-following strategy. This simple approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%.

Really helpful Timeframe

This strategy is adaptable to varied timeframes, including H1, H4, and Each day. Although it will possibly be applied to timeframes lower than H1, optimal results are typically achieved throughout the H1, H4, and Each day timeframes.

Trade Details

Currently, the three/12 Tunnel strategy has identified a trading opportunity on the GBP/CHF pair throughout the H4 timeframe. I’ve shared a trade setup image on your reference. The small print of the trade are as follows:

• Pair: GBP/CHF
• Timeframe: H4
• Buy Stop: 1.12740
• Stop Loss (SL): 1.12450
• Take Profit (TP) 1: 1.13025
• Take Profit (TP) 2: 1.13215
• Take Profit (TP) 3: 1.13405

Lot Size

For risk management, make sure you don’t risk greater than 2% of your account per trade. As an illustration, with a $10,000 account, the utmost risk needs to be $200.

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To Your Success!
Tim Morris

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Tim Morris is a work at home dad, home-based forex trader, author and blogger by passion. He likes to research and share the newest foreign currency trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to find a way to learn and download various kinds of foreign currency trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com