Trend Hugger System
This is by far my most profitable system and very simple.
1. Works with all types of time frames (hourly, 4 hour, daily, weekly, monthly).
2. Create a MACD or OsMA chart using the following parameters:
Fast EMA 40
Slow EMA 50
Signal SMA 100
3. The MACD and/or OsMA value will change for every price bar.
4. Use 50 PIP stop on all trades...
Buy Signal: When the current price bar MACD or OsMa signal is greater than the previous price bar MACD or OsMA value
Sell Signal: When the current price bar MACD or OsMA signal is less than the previous price bar MACD or OsMA value
That is it. This system will allow execution of buys at the very low point of a trend and the exeuction of sells at the very high point of trends...
Your only preference should be the timelines. If you have time to monitor the market daily, use the hourly chart. If not, use the 4 hour or daily chart. The greater the timeline, the fewer the trades.
I have been successfully trading this system using a one hour chart.
Can you post a chart from your trading screen instead?
You also state that the system works in all time frames but you only point out hourly and higher time frames.
What pairs do you trade?
Thanks for answering!
Are you always in the market with this system?
Do you use a crash SL?
Thanks for another great system. With all the winning strategies you've shown us over the past year, I would think you could publish a book of them sooner or later
I'm still using the weekly and daily systems, but perhaps I'll give this a try on a seperate chart. I'll try it on the daily to see how it does. Possiblilty of a nice longer term system.
To answer WHTenn -- you buy at the "troughs" and sell at the "peaks" of the MACD or OsMA indicators. Fairly simple.
TK - do you use stop and reverses on this system? It would seem logical to do so.
Glad to have TK back!!!!
Hi tkimble, very happy that you developed a new strategy, i know for sure it will be great, like the others.
I been very but very succesfully using your weekly scalping since a couple of months.
You deserve my respect ant 1000 thanks for sharing your experience with us.
But TK since i dont use any indicator on my strategy, i will like to get some help with this.
First, how to plot the emas?id try in MT4 but i dont see any set up for fast ema, i just saw exponential, simple, smothed and linear weighted with close, open etc, also i have no idea about what is osMA.
I know sounds a little bit ridiculos to ask for that, but belive it or not i use the weekly with profitable with no indicators at all.
So if you can help me with that, i ll be happy, i hope not booring you with stupid questions, but i really need the the help with this issue.
Ok, TK, great job my friend, keep it up, God bless you.
To help everyone not familiar with OsMA (Oscillator of Moving Averages), you plot this in MT4 using the Custom indicator list. Its under there, and you just plug in the 3 numbers TK gave us. I can post a picture if this isnt clear.
system sounds interesting but i am still unclear after plotting macd not seeing clear signals to buy or sell...looks very descretionary (sp?)
Please plot chart and give some examples (of course when you have time)
thank you !!!
Visually, it's very nice. Conceptually, how is it supposed to work? I.E., where did you come up with the settings?
Thanks a lot pidgeon, i know souns stupid but i didnt know, thats why we are her with friends like you, just to help others, ok, ill be tryiong this one and let you know, thanks TK and all the friends at this forum.
God bless you guys.
Answered my own question!
I love it when I do that! HaHa. The answer is that one must buy at the bottom of the trend and sell at the top. This particular picture shows the bottom of the trend, which is no place to buy! Thanks again for a great system.
That's the best way. Good enough. Thanks for your work on this. Looks good at this point. I think I'll try to use it as confirmation of my other system.
It's under the standard indicator list.
It's called "Moving Average of Oscillator"
By the way, how did you come by that colorful OsMA indicator?
That could be... Here is the indicator.
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