Hi all
Payapa trading system is not known widely in the Forex world and it can be Very Profitable
Best trading time frames are M15 and H1
i have modified the original system to be more simple to trade and believe me it's extremely simple.
i will attach the Templates and the indicators used
i will also attach the modification of Fibonacci to be used as SL and Profit Targets
this system should get you 3 RR Trades which is high in regards to other systems
There is 2 types of entries on this system one conservative and non conservative
Conservative:
Price should be at green support or red resistance on the indicator
candle should close above or below the MA
Non Conservative:
Price should be Between 70 & 90 or 30 & 10 on the indicator
candle should close above or below the MA
Profit Target should be set to Tp 3 using the Fibo indicator using the attached settings "ALWAYS A GOOD IDEA TO MOVE SL TO ENTRY AFTER PRICE REACHES TP1"
Best to stick to London and NY Session
KINDLY READ AND REVIEW AND LET'S ALL BE ON THE RIGHT SIDE OF THIS MARKET
Planning later for any good coders to provide a panel to get notifications when all setting align together so we get the signal on time and not stay on the PC all day all night
Update 11.5.2020
I have deleted the indicator of kayak which many people complained that it is repainting
small adjustments in the Moving averages to get better entry which will use now 21 EMA Median
Updated TPL attached
Also added 21 EMA to the Lower indicator which should lead the herd before entry
Updates Post #58
Update 11.5.2020 #2
Added TDI Indicator which is well know to filter out trades
update in post #61
Update 12.5.2020
Trade within trend or range with the use of TDI indicator checking daily chart
update post #109
Update 18.5.2020
the use of higher time frame RSI indicator to determin trend
attached on this post + adjusted TPL
Post #255
Update 22.5.2020
the use of TUX Trend Indicator which is attached in post #414
Great added tool to determine the trend and takes trades as pullbacks of bigger trends
Update 1.6.2020
TUX_Trend_Indicator v1.0_beta4 ... update
can be downloaded in the attached indicators
Update 5.6.2020
TUX_AutoFibo v1.1 ... update
On post # 544
Payapa trading system is not known widely in the Forex world and it can be Very Profitable
Best trading time frames are M15 and H1
i have modified the original system to be more simple to trade and believe me it's extremely simple.
i will attach the Templates and the indicators used
i will also attach the modification of Fibonacci to be used as SL and Profit Targets
this system should get you 3 RR Trades which is high in regards to other systems
There is 2 types of entries on this system one conservative and non conservative
Conservative:
Price should be at green support or red resistance on the indicator
candle should close above or below the MA
Non Conservative:
Price should be Between 70 & 90 or 30 & 10 on the indicator
candle should close above or below the MA
Profit Target should be set to Tp 3 using the Fibo indicator using the attached settings "ALWAYS A GOOD IDEA TO MOVE SL TO ENTRY AFTER PRICE REACHES TP1"
Best to stick to London and NY Session
KINDLY READ AND REVIEW AND LET'S ALL BE ON THE RIGHT SIDE OF THIS MARKET
Planning later for any good coders to provide a panel to get notifications when all setting align together so we get the signal on time and not stay on the PC all day all night
Update 11.5.2020
I have deleted the indicator of kayak which many people complained that it is repainting
small adjustments in the Moving averages to get better entry which will use now 21 EMA Median
Updated TPL attached
Also added 21 EMA to the Lower indicator which should lead the herd before entry
Updates Post #58
Update 11.5.2020 #2
Added TDI Indicator which is well know to filter out trades
update in post #61
Update 12.5.2020
Trade within trend or range with the use of TDI indicator checking daily chart
update post #109
Update 18.5.2020
the use of higher time frame RSI indicator to determin trend
attached on this post + adjusted TPL
Post #255
Update 22.5.2020
the use of TUX Trend Indicator which is attached in post #414
Great added tool to determine the trend and takes trades as pullbacks of bigger trends
Update 1.6.2020
TUX_Trend_Indicator v1.0_beta4 ... update
can be downloaded in the attached indicators
Update 5.6.2020
TUX_AutoFibo v1.1 ... update
On post # 544
Attached Images
Attached File(s)
KAYAKA 2019 FULL VERSION_TimeToNextCandle.ex4
9 KB
|
5,485 downloads
Payapa Ali.tpl
8 KB
|
4,105 downloads
|
Uploaded May 18, 2020 12:46pm
TrendStrength - RSI-MTF.ex4
16 KB
|
3,859 downloads
|
Uploaded May 18, 2020 12:46pm
TUX_Trend_Indicator.ex4
119 KB
|
3,080 downloads
|
Uploaded Jun 1, 2020 2:48pm