Forex Triple Hit Indicator
The Forex Triple Hit Indicator received rave reviews from forex traders when it was introduced in November 2014. I came up with the idea to develop this method while researching the powerful Bollinger Bands indicator.
As many traders are aware, Bollinger Bands are one of the most effective technical analysis indicators available. After conducting extensive research on the subject and uncovering some valuable insights, I decided to create a robust trading tool for myself and my followers. This indicator strategy was born out of that inspiration.
Traders who used this method were thrilled with its accuracy in generating trading signals based on the Bollinger Bands indicator, as well as its additional divergences filters and built-in risk-reward filters.
However, despite its popularity, I noticed that there was a missing piece that was essential to its success. This was particularly true for short-term traders or those who preferred to “scalp” the markets. While the system was incredibly effective for swing traders, it was not entirely functional for these types of traders.