Simple H4 Mobile Trading System

Trade Setup; some Brokers:

CHFJPY

Cheers.

usdjpy,audjpy, cadjpy,nzdjpy
these all pairs have a valid setup but i am not having confidence bcoz same setup yesterday gbpaud hit SL

My not perfect USDJPY trade per rules.

Get the same trade, USDJPY

Close the trade manually, don't like the timming of the trade. Take the profit and move on.

Just take this trade, like the PA and the react of the current candle with that large shadow .

My USDJPY didn't notify me and its a clear Long Agetrader, by the way thanks for your work.

This is I miss to OP
I just change the fibo level

Just notice that the previous candle is not an engulfing one.

How about this GU

Hello @hzs10, thanks for the strategy.
is this according to your strategy? (USDCHF)

Just close the trade....

Hi Agetrader really nice indicator but on some of my arrows I'm not receiving a push notification and some I am EUR/GBP buy signal is one and also a couple this morning in London session. Thanks

Thank you SO much @HZS10 for this strategy! I've had good results so far and plan to keep testing before going live.

Still "red" in sum.
-88 usd

This is maybe useful, two entry style base on engulfing candle pattern.

BUY ENTRY (1-style)



OR BUY ENTRY (2-style)

Attached Image (click to enlarge)

SELL ENTRY (1-style)

Attached Image (click to enlarge)

OR SELL ENTRY (2-style)

Attached Image (click to enlarge)

@hzs10

How do you think about this?
Example trade.
Maybe on bearish engulfing, we only draw fibo at High to the closed candle, not High to the Low as usual you did it.

In CADJPY case on pictured below, this trade will not hit SL but endup with BE.
If we draw fibo from High to the Low as usual, the price never reach 150%, so we never set trade to BE, and endup hit SL.

Sometimes, especially on news event no system can work properly. So we have to pay attention on news events.

@hzs10

What do you think about this?
Setting the target not on 200% but at 100% range of engulfing candle, like entry style-1.
And still used 150% to move BE.

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Morning and greetings from Singapore. Have been looking at this thread and fully agree it's an interesting strategy. Thanks to hzs10.
I have audnzd here and will trigger after this 4 hour if it close above the green engulfing bar. Thanks folks