STRATEGY NAME – Captain America
CHARTING PLATFORM – MT4
FOR USE ON – Forex
FILE PACK TO DOWNLOAD – CLICK HERE
EXPERT ADVISOR FOR THIS STRATEGY? – No
• 20 SMA
• Only trade in direction of last semafor, after semafor stops painting
• Wait for Super Arrow to appear in same direction as previous semafor
• Candle is the same color as current arrow
• MACD Slope on same time frame, is same color as current arrow
(stronger if more than one time frame on MACD Slope is arrow color)
• When all indicators are lined up vertically and all the same color, then
enter trade at close of the current candle
• For long/buy position: Set SL 10 pips below the last major
support/resistance level shown on CA Channels
• For short/sell position: Set SL 10 pips above the last major
support/resistance level shown on CA Channels
• Set TP according to chart below
The MA Cross alert and 20 SMA can be used for extra verification
Do not trade this strategy during high impact news.
M15 4.0 pips
M30 6.0 pips
H1 10.0 pips
H4 20.0 pips
D1 40.0 pips
If you are using a trading platform that uses the 5th decimal place to calculate
pips, just remember to multiply by 10 when figuring TP or SL levels:
M15 40 pips
M30 60 pips
H1 100 pips
H4 200 pips
D1 400 pips
This strategy can be used on any time frame but it is suggested to use this
strategy on M15 charts and above. (H1 and H4 time frames are preferred)
For longer trades: (suggested to use on H1 charts and above)
• Take trade by following the previous rules without suggested TP
• After 20-30 pips move SL to break even or small amount to lock in profit
• Move SL after each retrace using CA Channels s/r levels
• Continue moving SL until SL is hit or next semafor appears
These strategies are intended to be used only on pairs that are trending. Do not
trade these strategies during periods of price consolidation, when price is ranging.
Important note about CaptainAmerica template:
John and Lee, the creators of the SuperMan, WickHunter and Semaforce
strategies came together to create and test this template. The super arrows are
the same ones used on the SuperMan strategy, but the template has been
adapted, and some indicators have been modified or changed, to make it
possible to trade the SuperMan, WickHunter and Semaforce strategies all from
the same template.
For info on how to trade each of these strategies see their respective strategy
pages for rules and instructions:
SuperMan – Forex Trend Scalping Strategy by John
The WickHunter – Simple High Win Rate Low Risk Forex Strategy by Lee
The Semaforce – Trend Reversal Forex Strategy by Lee
In the top left corner there is a list of timeframes that indicate the current status of
the MACD Cross on all other time frames. This is handy for extra verification that
the trend is strong or not.
An MA Cross arrow/alert has been added to use as extra verification for entry.
The take profit levels came from back testing EURUSD, USDJPY, USDCHF and
GBPUSD during the European/North American overlap. For 30 trading days. It
can be used at any time during the day, but these were the times and pairs with
the most volatility when I back tested. TP levels are fairly conservative, based on
back testing, and took into account a spread between 1.5 and 2.5 pips.
For longer trades: when initial TP is hit move SL to that point or break even, to
lock in profit and reduce risk, then trail stop until SL is hit or next semafor
It can be used on any time frame but it is suggested to use this strategy on M15
time frames and above. During testing SL was placed above or below the closest
s/r level or closest level in relation to the last semafor in the same direction. This
can be a bit high risk, but none of the trades hit SL during testing. If there is not a
recent enough s/r level you can use the fib tool or fib extension tool in MT4 to set
SL as well. Please use the SL levels, that you are comfortable with, and that suit
your risk management.
This strategy is intended to be used only on pairs that are trending. Do not trade
this strategy during periods of price consolidation, when price is ranging.
Demo testing was done over a period of three days between 8:00AM and
12:00PM EST. Four main charts were open in a grid format in MT4, (EURUSD,
USDJPY, GBPUSD and USDCHF) on the M15 chart. During demo, pairs were
checked right before each quarter hour on the 15min charts, and the same on the
H1, H4 and D1 time frames respectively, to look for signals. Signals where
checked again at the time interval and trades where taken after previous candle
closed and signal was verified according to rules.
It is suggested not to trade from arrows on doji candles, especially right after a
new semafor, even if all the signals line up. This could be a sign that the trend is
not done and you may see the semafor repaint and price continue in the same
direction for a while.
Oanda MT4 demo test for three days on H15 – D1 charts:
During testing most trades hit TP. On the ones that were closed early, the charts
verified that they would have hit TP if left alone.