Hello traders,i have a really good trading system that i want to share with you, it has a good win ratio too.
It uses the idicator ADX to determine good momentum,heiken ashi for entries
RULES:
1.DMI of the ADX is above LEVEL 20,if its the blue DMI we will look for buy trades if it is the red DMI we look for sell trades.
2.Make sure the last white candle is in the direction you are trading.
3. if we are buying wait for the price moniter indicator to change from red to white dots,and if selling wait for it to change from green to white dots
4.enter trade when heiken ashi candle change color,from red to blue if buying and from blue to red if selling.
5.stop low placed bellow the low of the retracement.
6.for exits it will depend on the trader,you cann trail your stops if you want but i moniter my trades well and only exit when the white arrow on opposite side appear.
7.you can keep adding trade aslong as the above rules are still intact,this will also depend on how you want to risk your capital
8.i highly recomeND on high timframes,expeccially the daily as its less noisy, you can also trade it on the 4H timeframe but there are too many trades and the win rate might go down because of noise of the market,but the lower the timeframe dont expect really good win rate because this timeframes chop so much
9.I LIKE TO KEEP THINGS SIMPLE,THATS WHY I NOT WRITE LONG PARAGRAPHS TO EXPLAIN TO YOU DEAR TRADER,BUT I HOPE YOU UNDERSTAND HOW THE STRATEGY WILL WORK,GOOD LUCK!!
I WILL POST THE COMPRESED FILE OF THE SYSTEM WITH TEMPLATE AND INDICATOR
The following rule is an update,it was not included in the first post of the system rule
#please only enter as from signal 2,as the 1st signal there is no trend yet,as from signal 2, the trend is determined.and make sure signal 2 is a higher high or double bottom in relation to signal 1 if you are buying and the opossite is true for 2nd signal in relation to the 1st signal when selling.
see the picture with explanation to undertand more.
It uses the idicator ADX to determine good momentum,heiken ashi for entries
RULES:
1.DMI of the ADX is above LEVEL 20,if its the blue DMI we will look for buy trades if it is the red DMI we look for sell trades.
2.Make sure the last white candle is in the direction you are trading.
3. if we are buying wait for the price moniter indicator to change from red to white dots,and if selling wait for it to change from green to white dots
4.enter trade when heiken ashi candle change color,from red to blue if buying and from blue to red if selling.
5.stop low placed bellow the low of the retracement.
6.for exits it will depend on the trader,you cann trail your stops if you want but i moniter my trades well and only exit when the white arrow on opposite side appear.
7.you can keep adding trade aslong as the above rules are still intact,this will also depend on how you want to risk your capital
8.i highly recomeND on high timframes,expeccially the daily as its less noisy, you can also trade it on the 4H timeframe but there are too many trades and the win rate might go down because of noise of the market,but the lower the timeframe dont expect really good win rate because this timeframes chop so much
9.I LIKE TO KEEP THINGS SIMPLE,THATS WHY I NOT WRITE LONG PARAGRAPHS TO EXPLAIN TO YOU DEAR TRADER,BUT I HOPE YOU UNDERSTAND HOW THE STRATEGY WILL WORK,GOOD LUCK!!
I WILL POST THE COMPRESED FILE OF THE SYSTEM WITH TEMPLATE AND INDICATOR
The following rule is an update,it was not included in the first post of the system rule
#please only enter as from signal 2,as the 1st signal there is no trend yet,as from signal 2, the trend is determined.and make sure signal 2 is a higher high or double bottom in relation to signal 1 if you are buying and the opossite is true for 2nd signal in relation to the 1st signal when selling.
see the picture with explanation to undertand more.
Attached File(s)
Marble strategy -indicators and tpl.zip
91 KB
|
395 downloads
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Uploaded Jul 4, 2020 6:35pm