Daily or four hour system

Here is a system I am trading live at Exness (check them out: Best broker!!) https://www.exness.com/a/t4grn4gr

4hr TF, also good for daily. You can start entering with more than one trade too, but I suggest to wait for the colour change for a single entry. Be careful in the middle, but you can use SR to pinpoint entries and exits as well. Practice first!
Settings on Buzzer: I use 16, 18 or 20. Shorter in-out trades 16, if you want more smoothed trades use 20. Experiment until you find your fit!

Start on 4 hour setting 16.
https://www.exness.com/a/t4grn4gr

Here is the RS indicator.

And then my cat walked over the keyboard!!

Hi barryvdw, does Dynasty indicator repaints and can you explain Dynasty and Buzzer indicators?

yes, if im not mistaken. he also shared the repainted Buzzer yesterday.

If it repaints, what is the point then?

hello, looks great, but you can still explain the entry and how are your tp and sl

It would be easy if it didn't repaint! Yes it does. That's why the Buzzer is there to guide you to an entry. Once in, you put your TP at the other line, and adjust it as it repaints as it gives you a preliminary target. Your SL goes above the arrow somewhere.
What is also useful is to use Heikin Ashi candles which makes the trend much clearer. As the arrow appears, wait for a HA colour change and enter. If the trend resumes, do it again at RS levels or pivot levels.
Once you are in and the Buzzer changed colour, shift your TP to around the lower SR line below the ?above the non-arrow line of Dynasty, (your target line).
Or use the HA as an exit and re-enter on colour change strategy.

This is not a set and forget strategy and need attention until it is underway.
I include a good pivot indicator here which is for the one hour charts default. Just change the period to D1 for 4 hour.

This system works very well on the 1hr too for the screen watchers!

Hi Barry,
Is there any different from your other thread. It looks similar if not the same.

I forgot to mention one fact: although the Dynasty (or Super-signals Channel, same thing,) repaints, the flat horizontal levels it remembers and they ARE ACTUAL S+R LEVELS. They can be used as SR as when the SR indicator is attached to the chart is coincides perfectly (of course). If compared to pivot levels, it sometimes correspond, but not always and not exactly as pivots are a mathematical equation and the market not. So, where the levels are not indicated above (or below) the Dynasty indicator, pivot levels can be used to place limit orders if you wish. Just use wide 150 pip stops as to be an emergency stop only (a-la-martingale.)
You will end up with multiple entries which can be increased every time if you wish by a factor of 1.3 to 1.5 or whatever you decide. JUST WATCH YOUR MM!!

This is a very flexible system which you can adapt to your own style to make some pips.
You can even attach the 6th's indicator and use those levels thus: one hour TF; let the market move well past the yellow line; put a sell/buy stop on the yellow with a TP at the white; once in put a stop above your high/low point.
Continually adjust your buy/sell stop to stay on the yellow line so as to follow the market up/down until it starts reversing and takes your order.

Manage this system carefully with pivot levels in case it turns round again. Once again, it is important to trade with the right broker like Exness. Check them out here https://www.exness.com/a/t4grn4gr

Plan your trade and trade your plan and make some money!

Excellent strategy!! I sat here this morning trying to optimize single and multiple entries and I want you guys to test this one:

When an arrow appears, watch the attached modified HMA 13 for when THE YELLOW COLOUR APPEARS and then enter. Should the market turn back again, repeat this strategy again (first arrow then yellow) without exiting your first trade. It looks as if you can have up to three entries this way, but you will get the best one for sure. Multiplication factor between 1.3 and 1.5 per trade, and if you trade with lots too small to take effective multiplication, use 1; 1; 2; 2; 3 etc but watch your MM!

This may be a good exit strategy too to maximize exit level profit as the arrow is repainting with the market and may give a bigger profit if you wait for the yellow to appear. Follow Buzzer for trend though and this HMA only for entry and exits.

Please post results here for all to see!

dangerous only if the channel is too close together

Absolutely correct. But all part of the game hey? A pip is a pip....... I posted an indicator by Nanningbob earlier the week called 6th's Indicator. He says quite correctly that to trade in the middle between the green lines is where losses lie in wait. Why don't you look it up, attach to a file and see what you think? I've been wondering about a whole combination on the 1hr charts. I will also check it out. I hope it will not exclude too many good trades.

either quickly lolling the sl, going into the plus and then being stopped or leaving the sl halfway above the arrow and then ending up in the minus

Something else: Use the HMA at setting 16 and disregard Buzzer altogether?? The thing is forex is so unpredictable that if you trade with rigid rules without human intervention you will be doomed. It is like catching a fart in a bubble bath! Have a good weekend.

Barry, hello
I really love indi HMA .. but I use it a little differently. After changing the color, I place pending stop orders outside the candlestick boundaries (on which the color has changed). And then I don't care where the price goes .... In case of failure, I increase the lot to recover the losses. More than 2-3 times is very rare. I put SL on the level of the opposite order.
If you suggest something smart on my system, I will be grateful . Maybe somehow you can filter the inputs. I usually exit at the level of the nearest extremum.