Forex Infinity Strategy is a channel system based on the Center of Gravity indicator, which is an improved equivalent of the Bollinger Bands indicator.
As a signal to buy or sell in it serves as the moment of crossing the price of the boundaries of the channel. Candle Average indicator is also used in parallel to filter out false signals.
Trading activities following the Infinity strategy are conducted inthe H4 timeframe. Moreover, it is possible to use any of the currency pairs, which certainly applies to the main advantages of the trading strategy.
Positions for purchase (entry to a long position) are opened when the Japanese candlestick touches the lower border of the indicator channel Center of Gravity, indicated by a solid green line. In this case, the indicator value of the indicator Forex Candle Average should not exceed -0.81.
Positions for sale (entry into the short position), are opened when the candlestick touches the upper border of the indicator channel Center of Gravity, denoted by a solid red line. The Candle Average indicator should be above 0.81.
Transactions in the Infiniti strategy are closed using a trailing stop. In addition, the author of the Forex strategy says that there is no need for Stop Loss due to a high level of confidence in the quality of the system’s operation. But at the same time, practice suggests that it is always much more profitable to take additional measures and insure yourself to avoid unnecessary risks and too much loss or full discharge of the deposit. An alternative to a stop in this case may be a lock, which is a pending order in the opposite direction for the amount of the opened position.
If you analyze the channel strategy of Forex Infinity during its use, you can see that the price does not often reach the boundaries of the channel, which are formed by solid lines. That’s why traders should be calm and self-restraint. If the intersection is faced, it certainly indicates that the currency was redeemed (if there is a crossing of the upper boundary) or resold (in case there is a crossing of the lower boundary). Therefore, opening a warrant in the opposite direction, the trader will receive an income with an extremely low level of risk.
The creator of the trading system Infinity advises to use the timeframe H4, but practice shows that the strategy works well with other time intervals.
Manual position closing is most advantageous, at a time when the price reaches the top or bottom lines, indicated by a wide dotted line. They can also open orders, which make it possible to increase the number of transactions. This is explained by the fact that the price rarely reaches the boundaries of the channel. In case the trader opens to Sell on the top red dotted line, and the price continues to go up and reaches a solid line, it is worthwhile to open an additional Forex order for sale due to the fact that the price is likely to make a turn and go to the opposite direction, i.e. down. It is possible to select the stop level and set it equal to half the channel, namely, the distance from the middle line to the extreme solid one. It is deposited in the direction of downwards or upwards from solid lines.
In order to understand the described Infinity strategy as clearly as possible, we will sum up all the above and highlight the main points about the strategy which should be taken into account when making a decision:
• Forex Infinity refers to channel indicator strategies.
• Working process involves the indicators Center of Gravity (acts as a signal for entering the market at the time of crossing by the price of one of its extreme limits) and Candle Average (acts as a filter that sorts out false signals).
• Any currency pairs will be acceptable.
• Any timeframe is used. The recommended ones are H4.
• Trading with Forex Infinity is conducted 24/7.
• Despite the 100% reliability of the strategy declared by the creator, additional security measures should be taken to avoid losses.
In general, the Forex Infinity strategy is one of the most reliable and successfully used by many participants of trading in the Forex currency market.