Momentum 1 is a short-term trend momentum strategy. Short-term means that this strategy can enter and exit several trades a day.

Forex Bullish & Bearish Divergence Pattern
Divergence is a term which often comes back in forex technical analysis, it occurs when the price of the underlying currency pair and the indicator move in opposite directions.

A slingshot reversal is a reliable forex trading pattern and is defined as a false breakout + reversal and occurs when a major support or resistance point is broken but the currency price does not hold below support or above resistance and moves back into it's previous trading range.

- Timeframe: I use it on 4 hours, feel free to use it on smaller timeframes as well
- Currency Pair: Any

Currency: any
Time frame: 1hr
Indicators: 5EMA(close), 6EMA(open), [ADX(14) at 20mark]
Rule: Enter a long position when the 5EMA crosses the 6EMA up and the width difference between them is a pip and the ADX must be over it's 20mark.

Average True Range (ATR) is a popular volatility indicator used to measure the volatility in currency pairs.

In this Forex strategy we are entering the market in the direction of the current trend and we hope that the trend will continue at least until the end of the bar.

That is a very simple yet profitable strategy.