Forex complex trading strategies are those that include more than three technical indicators for generating signals and have a number of important rules to use as a complex technique in trading.

1. Complex Forex Trading
Strategies

2. Complex Forex
Trading Strategies
Trading in the financial market each year is taking new
forms. There appear new methods of market analysis,
theory and trading algorithms that contribute to
successful trading. However, certain principles and
trading systems are already in use for several decades and
help trading in the financial market.

3. Complex Forex Trading
Strategies
Let’s look on such complex systems:
-Turtle trading system;
-Elliott wave theory.

4. Turtle Trading System
Turtle trading system is a strategy that is based on level
breakthrough, which indicates the formation of a new trend.
The system doesn't "catch" turning points, but follows the
trend.

5. Turtle Trading System
Turtles" use a limited number of technical indicators:
- Donchian channel with a 10-day period;
- Donchian channel with a 20-day period;
- Donchian channel with a 55-day period;
- ATR.

6. Signals to Enter the
Deal
Deals are being opened on the fact of breaking through
Donchian channels.
Generally, there are two signs for transaction opening:
- Price pierces the 55-day channel;
- Price pierces the 20-day channel.

7. Deal Exit
Deal exit under the "Turtle" system is commited when the
junior channel was broken through in the opposite
direction of the senior. For example, if a deal is opened for
a 20-day channel breakthrough, the upper bound of a
10-day channel would be an exit position or a level of loss
restriction.

8. Elliott Wave Theory
According to Elliott, the market moves in cycles which can
be visualized in the form of waves. A wave is a clearly visible
price movement. The market may be in one of two periods,
ascending and descending. In addition, Elliott divides the the
waves into impulse and correction ones.
Impulse wave. These waves comprise the price trend
movement, ascending or descending (waves 1, 3, 5, A, C);
Correction waves. These waves typically move against the
trend and have a shorter cycle (waves 2, 4, B).

9. Conclusion
These strategies make it possible not only to predict the
price movement and understand the logic of its market
behaviour. Each of the complex trading systems is easily
applicable by a FIX API trader as well as by a trading robot.