TSS - The Scrooge System

Made 250 pips with it today. It's my invention from different sources on the Internet and mostly those ones : http://www.forexfactory.com/showthread.php?t=113181 and http://www.forexfactory.com/showthread.php?t=116412

First copy and merge all the files of this archive into your MT4 folder;

Open your MT4 and load the TSS v1 profile.

Begin trading 10-15 mins after the beginning of every H4 candle.

HERE ARE THE GUIDE LINES OF THIS SYSTEM

-> GMT +4 or GMT +8
Trade all the pairs from D1 current suggestion and "merge" them with H4 and H4 current.
"Merge" : I mean don't trade if the directions are opposite and trade once all the remaining pairs.
Hilo in the Oasis Intermarket MUST be green for the pairs you want to trade. Otherwise remove the ones with a red Hilo.

-> GMT +12
Trade all the pairs from H4 and H4 current and remove the D1 current opposite direction pairs. It's not a full merge as before, as you don't trade any D1 current pairs.
Hilo in the Oasis Intermarket MUST be green for the pairs you want to trade. Otherwise remove the ones with a red Hilo.


-> GMT +16 or GMT +20
MORE AT YOUR DISCRETION, NOT FOR NEWBIES!
Hilo in the Oasis Intermarket should be red for the majority of the pairs.
Trade only the green Hilo ones with Hilo < 80% of max value (avg value).
Try not to pick them within the strongest or weakest currencies but the intermediate one with the strenght just below the strongest or weakest currencies.

---> Use the MTPM Basket EA to control the basket. Adjust the settings for SL and TP to the number of currencies you trade and your lot size.
(eg : if you trade 10 pairs with lot size 0.1 : SL : $100 . Final TP : $1000 with a trailing TP you can set into the EA)

That's all for now.

enjoy (or not...)

Hi Scrooge,

can you please put some charts with instructions. I am confuse..... what is GMT+4 OR GMT +8? What is the function of Hilo here? sorry for newbies question.....

Hi Bomi,

GMT means Greenwich Meridian Time. Actually it corresponds to the opening of an H4 candle.
I use HiLo as a filter in order to know if the pairs can still make good move. There is the ADR on the right (noted "avg").

Here are some pics :

--> GMT +4 or +8 (make sure to make your selections and to enter in the trades about 10-15 min after H4 candle opening)

The HiLo field where you should alwaks keep an eye on...


--> GMT +12


--> regarding GMT +16 and +20 : very difficult for me to explain because of my english but I'll try to explain later on.

GMT means Greenwhich Mean Time. So GMT +4 is Greenwhich Mean Time plus 4 hours.

Thanks got it.

Glad to see that my CCFp-Diff tool developped few years ago is still in used

Hi what do you mean ?? Another con?

Confused also - I know what GMT is of course, but how is it being applied to this system?

interesting thread.
how many pips today mr scrooge?

I just mean that the dashboard CCFp-Diff shown on some screenshots here was developped and shared by me on FF few years ago.

All what you see in the pic below is the CCFp-Diff I am talking about:

http://www.forexfactory.com/attachme...6&d=1383250657

How long have you been using this system? This system worked only in the trend

can u attach the Indis as I cannot download templates on my platform