I have been Trading for almost two years now and have been reading up on hundreds of system and techniques on FF, but must admit that this is my very first post on this forum...
I want to also start contributing as so many of you already have, therefore then also my take and experiences below:
I have combined a few strategies and please give comments and suggestions where I do good or fail.
I have combined systems Histobollinger and Genesis Matrix System which can be found here and here.
Reason for this was because it is simple and it WORKS for me... Gives results...
Indicators I use:
- SSL bar
- Gann High/Low Activator Indicator from member Xaphod
- Histograms with period 10 and 25 from member aahmad29
- GMTS-Tape which is a tape chart of the ‘Genesis Matrix Trading System’ Matrix indicator
- 50 EMA line (use this to identify the trend to filter out bad trades)
System Rules:
Long trades:
1) When candle closes above the 50 EMA line
2) When ALL indicators have a Green colour
Exit whenever ANY two or more indicators change colour
Short trades:
1) When candle closes below the 50 EMA line
2) When ALL indicators have a Red colour
Exit whenever ANY two or more indicators change colour
Example trades:
I want to also start contributing as so many of you already have, therefore then also my take and experiences below:
I have combined a few strategies and please give comments and suggestions where I do good or fail.
I have combined systems Histobollinger and Genesis Matrix System which can be found here and here.
Reason for this was because it is simple and it WORKS for me... Gives results...
Indicators I use:
- SSL bar
- Gann High/Low Activator Indicator from member Xaphod
- Histograms with period 10 and 25 from member aahmad29
- GMTS-Tape which is a tape chart of the ‘Genesis Matrix Trading System’ Matrix indicator
- 50 EMA line (use this to identify the trend to filter out bad trades)
System Rules:
Long trades:
1) When candle closes above the 50 EMA line
2) When ALL indicators have a Green colour
Exit whenever ANY two or more indicators change colour
Short trades:
1) When candle closes below the 50 EMA line
2) When ALL indicators have a Red colour
Exit whenever ANY two or more indicators change colour
Example trades: