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Very Easy & Profitable Trading Strategy

  • #1
  • First Post: Edited Oct 31, 2019 12:56pm Oct 30, 2019 6:07pm | Edited Oct 31, 2019 12:56pm
This swing trading strategy is profitable. It is all you need to build serious wealth and income over time.

If you are not yet profitable, trade this. You will be.

Once you are profitable and learn how the markets work you could always then try to improve on this method or develop your own.

In the meantime devote yourself fully to trading this and having a return on your money.

Grow your account. Stop wasting time. Growing your account year over year compounds into something substantial and real wealth.

Personally I learn better visually with the help of text. That is exactly how I am going to share this with you.

This system that I am sharing with you includes exactly how the position sizing works, how the risk management works and how to manage your trades.

This is the real deal. It is up to you.

I will answer questions on this thread in detail and to help you understand the system fully.

How it works (system rules & method)

Inserted Video


Entries, stops and take profits, https://www.forexfactory.com/showthr...6#post12593296
  • #2
  • Oct 30, 2019 7:06pm Oct 30, 2019 7:06pm
Its possible to trade this system in mt4,..??
  • #3
  • Oct 30, 2019 7:23pm Oct 30, 2019 7:23pm
Quoting artic118
Its possible to trade this system in mt4,..??
I too trade all of my systems on MT4 with expert advisors, except this one.

Use Oanda FXTrade because of the ability to use Units and therefore tiny position sizes when called for; there will be times when the stop loss is very far away and because you are risking 0.3% on 1 of the 3 orders the position size will be small.

Also the advantage of using the built in position size calculator and simply enter the number of pips makes life easy.

This should only take you two minutes a day to check for signal criteria and however long it takes you to place orders on days there are new trades to place.
  • #4
  • Oct 30, 2019 8:22pm Oct 30, 2019 8:22pm
Quoting Kenobi
{quote} I too trade all of my systems on MT4 with expert advisors, except this one. Use Oanda FXTrade because of the ability to use Units and therefore tiny position sizes when called for; there will be times when the stop loss is very far away and because you are risking 0.3% on 1 of the 3 orders the position size will be small. Also the advantage of using the built in position size calculator and simply enter the number of pips makes life easy. This should only take you two minutes a day to check for signal criteria and however long it takes you...
Do you have this indicator in Mql4?
  • #5
  • Oct 30, 2019 8:50pm Oct 30, 2019 8:50pm
Quoting NoNonSenseFX
{quote} Do you have this indicator in Mql4?
Here is the True Trend .ex4 for those who want to follow on MT4
Attached File(s)
File Type: ex4 TrueTrend.ex4   16 KB | 2,153 downloads
  • #6
  • Oct 30, 2019 9:31pm Oct 30, 2019 9:31pm
Hi, The indicator is just a coloured CCI at 333 Periods
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 56 KB
  • #7
  • Oct 30, 2019 9:34pm Oct 30, 2019 9:34pm
Thank you for sharing this system
  • #8
  • Oct 30, 2019 9:54pm Oct 30, 2019 9:54pm
Quoting Silverc
Hi, The indicator is just a coloured CCI at 333 Periods {image}
@silverc how did you figure that out?
  • #9
  • Oct 30, 2019 10:12pm Oct 30, 2019 10:12pm
Quoting Silverc
Hi, The indicator is just a coloured CCI at 333 Periods {image}
That is correct. This is a modified CCI. That is shared here in this video (set to start at the exact time for you),
Inserted Video


And if you click on the data window you will see it says TrendCCI

The system needs the indicator but the genius is in the system.
  • #10
  • Oct 31, 2019 2:49am Oct 31, 2019 2:49am
Quoting Kenobi
{quote} That is correct. This is a modified CCI. That is shared here in this video (set to start at the exact time for you), https://youtu.be/MrtbLV4jDNQ?t=15 And if you click on the data window you will see it says TrendCCI The system needs the indicator but the genius is in the system.
Thanks Kenobi for sharing the strategy here in FF,
what is the entry CCI Period?
If you don't build your DREAM, Someone will hire to help build theirs ...
  • #11
  • Oct 31, 2019 5:48am Oct 31, 2019 5:48am
Quoting Kenobi
{quote} That is correct. This is a modified CCI. That is shared here in this video (set to start at the exact time for you), https://youtu.be/MrtbLV4jDNQ?t=15 And if you click on the data window you will see it says TrendCCI The system needs the indicator but the genius is in the system.
Looking forward to this
  • #12
  • Oct 31, 2019 8:11am Oct 31, 2019 8:11am
Quoting drsa1970
{quote} Thanks Kenobi for sharing the strategy here in FF, what is the entry CCI Period?
The EntryCCI is not used in this strategy or rather it is set to the same setting as the TrendCCI providing the exact same reading.

Here the EntryCCI is explained, video set to exact time the explanation begins for you, in order to answer your question and for you to understand how the EntryCCI is used.
Inserted Video
  • #13
  • Oct 31, 2019 9:03am Oct 31, 2019 9:03am
Quoting MarkStep
{quote} Looking forward to this
This may become the most important thread ever created on Forex Factory as it provides a clear and precise manner to profit from the markets for everyone.

The one thing everyone here is looking to be able to do.

What else are you doing? This is a gift for your trading career. Focus, learn and do it.

Work together, help each other and thrive.
  • #14
  • Oct 31, 2019 10:10am Oct 31, 2019 10:10am
Quoting Kenobi
{quote} The EntryCCI is not used in this strategy or rather it is set to the same setting as the TrendCCI providing the exact same reading. Here the EntryCCI is explained, video set to exact time the explanation begins for you, in order to answer your question and for you to understand how the EntryCCI is used. https://youtu.be/MrtbLV4jDNQ?t=152
DO you have indicator for this one? Do we apply the same strategy for intrayday, Short time frame, H1, h4?
  • #15
  • Oct 31, 2019 10:24am Oct 31, 2019 10:24am
Quoting MarkStep
{quote} DO you have indicator for this one?
This is the True Trend with the TrendCCI settings of 70 and EntryCCI setting of 3
These settings are not used for the strategy shared in this thread. I am sharing them for your own personal use.

TradingView - https://www.tradingview.com/script/a...ing-Investing/

True Trend .ex4 for MT4 (found in post #5 of this thread) - https://www.forexfactory.com/showthr...5#post12591295
Open the indicator properties, click on INPUTS tabs and change the value of Trend CCI from 333 to 70 andEntry CCI from 0 to 3

Attached Image


Quoting MarkStep
{quote} Do we apply the same strategy for intraday, Short time frame, H1, h4?
Yes, no matter the time frame being traded the rules are exactly the same.

Position sizes are the same, entry and targets. Every time frame uses the same rules and settings.

Stops are placed off of the previous move; depending on the time frame this will vary obviously the shorter the time frame the closer the stop loss and the larger the time frame the larger the stop loss but the take profits are also relative to the stop loss.
  • #16
  • Oct 31, 2019 10:33am Oct 31, 2019 10:33am
Thanks for this thread.
Do I understand it right that you enter all three positions at the same time with all same stop loss?
Only take profit will be 2x, 4x and zero line.
  • #17
  • Oct 31, 2019 11:03am Oct 31, 2019 11:03am
Quoting kofix11
Thanks for this thread. Do I understand it right that you enter all three positions at the same time with all same stop loss?
That is right. All three positions have the same stop loss. And to clarify all three positions are different sizes.

Attached Image


Quoting kofix11
Only take profit will be 2x, 4x and zero line.
Yes, exactly correct.

Attached Image
  • #18
  • Oct 31, 2019 11:18am Oct 31, 2019 11:18am
Re: What is the best time frame to trade using this strategy

Three choices (are best):

  1. 8 hour
  2. 12 hour
  3. Daily

Daily is the best but will give you the fewest signals. That is a good thing EXCEPT you will want to be taking trades as a trader most likely you have yet to learn the great value and skill of patience. Don't worry that is norma.

So practice on the 8 hour, practice also on the 12 hour. But trade the daily.

Trading a smaller time frame such as the 1 hour during London & Early NY sessions may be great. I would absolutely experiment with it. I am unable to trade this during London and use the higher time frame to best fit my schedule.

  • #19
  • Oct 31, 2019 12:06pm Oct 31, 2019 12:06pm
Hi sir, after I watched the tutorial's video, Im not clear about the stop loss and take profit. May u explain more about it? Im using MT4
  • #20
  • Oct 31, 2019 12:54pm Oct 31, 2019 12:54pm
Quoting Jefflee
Hi sir, after I watched the tutorial's video, Im not clear about the stop loss and take profit. May u explain more about it? Im using MT4
Definitely.

Entries

Buy & Sell are both on the first price bar to close with the True Trend showing a change of direction over the zero line.
Remember the signal period price bar must close before you take the trade and the trade is at the close of the current bar and open of the new price bar.

Stop loss

Each order in the trade has the same stop loss.

  1. When buying it is the lowest price point of the previous move defined by the True Trend -1 pip.
  2. When selling it is the highest price point of the previous move defined by the True Trend +1 pip + the spread.

Previous move defined by the True Trend?

Each time the True Trend crosses the zero line and closes with a positive reading that is the start of a new up trend. Each time the True Trend crosses the zero line and closes with a negative reading that is the start of a new down trend.

The trend lasts until the True Trend closes in the opposite direction. That the period length the True Trend was above or below the zero line is the previous move.

Take profits

The total position size for each set of trades is 1.8%

Order 1 = 0.6% risk.
Take profit distance = 2x the stop loss (twice times the distance of the stop loss).

Order 2 = 0.9% risk.
Take profit distance = 4x the stop loss (four times the distance of the stop loss).

Order 3 = 0.3% risk.
Take profit distance = no stop loss, exit is on the next zero line cross.

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