Here I present to you my new System, AshFX Daily. It's excellent for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.
I’ve been working on this system for quite a while; I wanted to make it accurate, yet simple at the same time. I believe I have achieved that. It is designed for the Daily Timeframe, and can be used on any currency pair.
The results that can be obtained from this system, is literally hundreds of pips a month. On average, the reward is greater than the risk.
These are the indicators that are required:
- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)
- AC (Accelerator Oscillator)
- AO (Awesome Oscillator)
- Stochastics (5,3,3)
Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.
See below for an example of what you should be seeing:
Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully.
Look forward to questions/analysis/discussion/testing.
Here I present to you my new System, AshFX Daily. It's excellent for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.
I’ve been working on this system for quite a while; I wanted to make it accurate, yet simple at the same time. I believe I have achieved that. It is designed for the Daily Timeframe, and can be used on any currency pair.
The results that can be obtained from this system, is literally hundreds of pips a month. On average, the reward is greater than the risk.
These are the indicators that are required:
- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)
- AC (Accelerator Oscillator)
- AO (Awesome Oscillator)
- Stochastics (5,3,3)
Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.
See below for an example of what you should be seeing:
Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully.
Look forward to questions/analysis/discussion/testing.
I got your email about this system last week and Demo traded with it. I found 3 trades that matched your entry criteria. GBPCHF long, AUDCAD short both of which hit the first take profit and then closed at break even. the other trade CADJPY short is still running. It was in profit but now slightly in the red, however first impression look very good.
I have a couple of question which I will post soon but so far so good.
Regarding stop loss. Where would you put it for the attached trade? This indicates a long but the low of the trigger candle is at or near the entry point.
On Demo what i did was put a 100 pip Stop loss and this work out quite well.
Somehow this seems to work much better on M15 at least watching Cable.
On the daily I have not found a single profitable trade.
I'm sorry, but you are mistaken, the system produced over 400 pips on Cable over the past month. Please see screenshot. I haven't tried it on M15, nor was it designed for that timeframe. Thanks.
I got your email about this system last week and Demo traded with it. I found 3 trades that matched your entry criteria. GBPCHF long, AUDCAD short both of which hit the first take profit and then closed at break even. the other trade CADJPY short is still running. It was in profit but now slightly in the red, however first impression look very good.
I have a couple of question which I will post soon but so far so good.
Thanks a lot
Ljr
You're welcome Ljr, appreciate the positive response.
Check the EUR/USD daily. There are many profitable trades.
Correct Billbss, but it's not only the Eur/Usd. Like I said it works on any pair. Obviously some pairs will fare better than others, but that's the nature of FX of course.
is it posibel to post the signals to help the now traders
Actually, since I released this system last week (privately), a lot of people had asked me whether I could supply Daily signals when entry conditions have been met. I'm thinking about it, but if I do it, I have to be consistent and persistent. (And no I'll never charge any money for the signals).