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Attachments: MSRS BO Trend Trading System
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MSRS BO Trend Trading System

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  • Post #1
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  • First Post: Edited Sep 11, 2012 6:47am Sep 7, 2012 4:46am | Edited Sep 11, 2012 6:47am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Its based on sRs Trend Rider system by Vladimir Rivakob.
I have optimized the sRs Trading Rules to gain high performance and avoid Fakeouts.

Those who are not wary about SRS I have attached a original manual for it

I have added LWMA 60, ADX, CCI with the original Indi and EA of sRs Trend Rider System.
LWMA is for Trend direction, ADX is for Trend strength and CCI for detecting right BO's.

TF 5M

Use this Rule in combination with the Original Rule of sRs system .

Buy on Breakout of Last High-

Last High should be above the MAs and LWMA 60
Price > MAs
Price > LWMA 60
ADX > 25
CCI > 90
RSI 14 or sRs Trend Rider Indicator > 50 or 10000

Sell on Breakout of Last Low-

Last Low should be below the MAs and LWMA 60
Price < MAs
Price < LWMA 60
ADX > 25
CCI < -90
RSI 14 or sRs Trend Rider Indicator < 50 or 10000


Exit Rules-

Exit when SL hit or after the trend crossed the LWMA in opposite way.

Open positions when PA is near the LWMA, if too far not recommended price may retrace after making a last high.


The EA is also attached which is provided in Original system. It closes 80% of the Trade after it reaches the half of the SL in Profit and let the remaining 20% run till the MA is crossed.

P.S- Read the Manual Completely.. U need to follow the rule from the manual and also add my rule to make it more reliable system.

I have attached the original manual in the rar file.
Use my Rules in addition with original SRS Trend Rider Rule.
You will have high R:R.

http://i46.tinypic.com/iw1zte.gif
The Above Trade is still running in +40 Pips..
  • Post #2
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  • Sep 7, 2012 7:32am Sep 7, 2012 7:32am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
http://i49.tinypic.com/sv3z1g.jpg

Rode the GBP/CHF Uptrend secured 68+ Pips
 
 
  • Post #3
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  • Sep 7, 2012 7:54am Sep 7, 2012 7:54am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
I am quite Busy now. So will post all today's setup after a few hours.
 
 
  • Post #4
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  • Sep 7, 2012 3:20pm Sep 7, 2012 3:20pm
  •  kickme
  • | Joined Sep 2012 | Status: Member | 94 Posts
Looking forward to following your thread I am a big fan of breakouts Darvas made a fortune with them.
 
 
  • Post #5
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  • Sep 7, 2012 3:42pm Sep 7, 2012 3:42pm
  •  Hugh Briss
  • | Commercial Member | Joined May 2011 | 3,012 Posts
Quoting kickme
Disliked
Darvas made a fortune with them.
Ignored
Yes but not on 5 min forex charts.
 
 
  • Post #6
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  • Sep 7, 2012 8:46pm Sep 7, 2012 8:46pm
  •  PipLegend
  • | Additional Username | Joined Jun 2012 | 188 Posts
Good looking out,my digital trader buddy!

This is a neat setup.Although I agree this is something that has to be harnessed I believe on higher timeframes though to achieve the optimal efficiency which you seek like try 1hr and better.
To Write Sonnets On Soliloquies In A Fortress Of Solitude
 
 
  • Post #7
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  • Sep 7, 2012 10:30pm Sep 7, 2012 10:30pm
  •  kickme
  • | Joined Sep 2012 | Status: Member | 94 Posts
Hello I noticed you are using the advanced ADX indicator. It look very similar to the Awesome Osc. Have you tried the Ao with this method?
 
 
  • Post #8
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  • Sep 8, 2012 3:44am Sep 8, 2012 3:44am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Quoting Hugh Briss
Disliked
Yes but not on 5 min forex charts.
Ignored
Yap bro I knw it... But I like to scalp it in a day... Thats why I opted for 5m TF
 
 
  • Post #9
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  • Sep 8, 2012 3:47am Sep 8, 2012 3:47am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Quoting PipLegend
Disliked
Good looking out,my digital trader buddy!

This is a neat setup.Although I agree this is something that has to be harnessed I believe on higher timeframes though to achieve the optimal efficiency which you seek like try 1hr and better.
Ignored
I Like to scalp thats why i tried 5m TF.. btw my position may last for a day sometimes...

I will think abt the 1hr and above TFs
 
 
  • Post #10
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  • Sep 8, 2012 3:48am Sep 8, 2012 3:48am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Quoting kickme
Disliked
Hello I noticed you are using the advanced ADX indicator. It look very similar to the Awesome Osc. Have you tried the Ao with this method?
Ignored
I havent tried AO indi... Maybe it works after some tweaking... LOL
 
 
  • Post #11
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  • Sep 8, 2012 4:09am Sep 8, 2012 4:09am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
http://i48.tinypic.com/o9h5s5.gif

USD/CHF on 5M TF, Before NFP
 
 
  • Post #12
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  • Sep 8, 2012 4:11am Sep 8, 2012 4:11am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Trade the Breakout before London Open... It have great R:R
 
 
  • Post #13
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  • Sep 8, 2012 9:55pm Sep 8, 2012 9:55pm
  •  Stumpy1
  • | Joined Jul 2008 | Status: Member | 217 Posts
hi can you please post your template
 
 
  • Post #14
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  • Sep 8, 2012 11:02pm Sep 8, 2012 11:02pm
  •  MacLeod22
  • | Joined Sep 2011 | Status: Member | 20 Posts
It's in the first post zip
It is better to die on your feet than to live on your knees. Zapata.
 
 
  • Post #15
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  • Sep 8, 2012 11:10pm Sep 8, 2012 11:10pm
  •  Stumpy1
  • | Joined Jul 2008 | Status: Member | 217 Posts
When I opened the file it only had one indicator in it?
Maybe I am missing something
 
 
  • Post #16
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  • Sep 9, 2012 12:26am Sep 9, 2012 12:26am
  •  krmo
  • | Joined May 2006 | Status: Be in the 5% | 235 Posts
Quoting Stumpy1
Disliked
When I opened the file it only had one indicator in it?
Maybe I am missing something
Ignored
The .rar file should have 8 files in it
Attitude can reflect outcome in life and trading!
 
 
  • Post #17
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  • Sep 9, 2012 1:14am Sep 9, 2012 1:14am
  •  Jse Alsi
  • | Joined Jan 2010 | Status: Member | 82 Posts
Nice work Chantz, I find adding the std fractals to the chart aids in the eye-balling of the chart ,also obey the cci color ,it keeps u out of the dirt.
 
 
  • Post #18
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  • Sep 9, 2012 11:03am Sep 9, 2012 11:03am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Quoting Stumpy1
Disliked
When I opened the file it only had one indicator in it?
Maybe I am missing something
Ignored
Template is in the First Post Attachment.. Let me again attach it for you..
Attached File
File Type: tpl !modifiedsrsbychanx.tpl   5 KB | 749 downloads
 
 
  • Post #19
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  • Sep 9, 2012 11:06am Sep 9, 2012 11:06am
  •  chanx
  • | Joined Feb 2012 | Status: Member | 72 Posts
Quoting Jse Alsi
Disliked
Nice work Chanx, I find adding the std fractals to the chart aids in the eye-balling of the chart ,also obey the cci color ,it keeps u out of the dirt.
Ignored
Yeah dats why I used both ADX and CCI.. I will try adding fractals..

For Volatile Pairs Like GBP/CHF and GBP/USD, I use 25 CCI... ANd rest 22
 
 
  • Post #20
  • Quote
  • Sep 9, 2012 11:40am Sep 9, 2012 11:40am
  •  Jse Alsi
  • | Joined Jan 2010 | Status: Member | 82 Posts
Pls let me know if iam on correct mindset with the fractals for eyeballing . Ive also set the adx to 25-80 on the fixed min/max of the common tab. this cuts out all the ranging and at a glance we can see if there is anything brewing.my ADX is set at 13 ,is that correct??
 
 
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