Kevinator 5m retracement-Live trading

5m Kevinator retracement system Majors only(eurusd*usd/chf*gbpusd*aud/usd*usd/cad)5 m chart only.

This system is a trend following system that uses the multi time frame stochastics as a definition of the current trend the market is in. If the market is stepping up then you take buy retracement bars.If the market is stepping down you take the sell retracement bars.

Retracement bars are the magneta(purple) bars on the indicator on the bottom.If the market is stepping down you take the downward magneta bars as entry.If the market is stepping up you take the upward magneta bars as entry.
LONGTERM
You can either enter the market (long term) when the mtf stochastics is changing directions and hold until trend is done or at any of the retracement bars going in the direction of the trend and hold (20-400pips)
SHORTTERM
You can scalp the market by finding the direction of the current trend (stepping up or stepping down) and entering the retracement bars and taking 5 to 20pips profit.

There are two ways to trade this system but the entry rules are solid.We have a solid method to define a trend (mtf stochastics) and a solid entry method ( enter on retracements).

It is up to you how much profit you take as you could be following a trend for days or just scalping all day long for short profits.

UPDATE /1/
*Retracement finder modified fix to display magneta on current bar (0) attached***********

UPDATE /2/
*Double woody CCI added to replace rf finder as well as autotrendline for more visual confirmation.

Mtf stoch stepping up off low of TMA.Plenty of momentum driving the trade.

Trade closed as of now.Mtf stepping up was hold now closed 60+.

Followed the rule of the system and up 30+ pips trade closed as of now.

Trade closed as of now for a quick 10 pips.Two entry points available.

Sell of usdcad as low as 30 but exit at 15.Market slowing down.

Sell trade off the high TMA reversal then retracement indicator low bar and hold for 70+ pips.

Looks promising, how long u been trading live? Is it possible to have a EA programmed around this?

I'm impressed, short sweet simple. Shockingly to the point. Good work and BIG THANKS for sharing.

Morning Kevinator
I love trading retracements and will watch how this goes, all the best with your thread and your trading.

Off the mtf stoch stepping down.Multiple entry points for 20 plus pips positive.

Market coming off the low of TMA for retracement pullback trade.Mtf stoch stepping up.Multiple entry points to be taken.

Following the mtf stoch stepping up trade taken and held with multiplle entry points.

Talk is cheap I could explain how to do it or just show you how I do it.The system is self explanitory and if you are not sure refer to the word document attached in the zip.

Trade taken off the over sold conditions for 20+pips hold then exit.Multiple entry points on this one also.Anticipated market turn off oversold TMA.

Market stepping down off the mtf stoch slight reversal then follow through for profit 20+ at exit to be exact.

Off the high TMA overbought conditions.50+ on hold looking for more.

Multiple entry points down the mtf stoch.Position held and exited for 40+ pips positive.

Got in late for but market hot so hold and see were it takes me..20+ as of now.