Hi All
This is my first little system. Well, it is not really a system as there is no money management and trade management yet. It is only an idea of a system and I haven't traded it yet, just had a look back and it seems good. Maybe some of the forum members say that I'm wasting my time and then we can leave it, or it might become something. OK, enough chit chat, here we go:
You plot 2 indicators on a 4H chart, Damiani Volatmeter (default settings) and the Coffie_v1 (default settings). You first look at at the Volatmeter (green must be above grey line) and then you enter on the next cross of the Coffie. Please note that you do not enter immediately in the direction of the Coffie after Volatmeter green goes above grey, you wait for the next cross on the Coffie and you enter the trend in that direction. I'm still looking for money management ideas, but it seems to be a good entry and filter.
This is my first little system. Well, it is not really a system as there is no money management and trade management yet. It is only an idea of a system and I haven't traded it yet, just had a look back and it seems good. Maybe some of the forum members say that I'm wasting my time and then we can leave it, or it might become something. OK, enough chit chat, here we go:
You plot 2 indicators on a 4H chart, Damiani Volatmeter (default settings) and the Coffie_v1 (default settings). You first look at at the Volatmeter (green must be above grey line) and then you enter on the next cross of the Coffie. Please note that you do not enter immediately in the direction of the Coffie after Volatmeter green goes above grey, you wait for the next cross on the Coffie and you enter the trend in that direction. I'm still looking for money management ideas, but it seems to be a good entry and filter.
Attached File(s)
Damiani_volatmeter.mq4
3 KB
|
726 downloads
Coffie_v1.mq4
3 KB
|
824 downloads