My Way

ok here is one profit

ok, another profit. seems like work lets test more

Ok stop hit.

another tp hit after a long wait.

SL

TP

Just tested 8 trade, I thought It will not work at all. Now I see out of 8 trade we have 4 trade loss and 4 trade win. since RR is good, we could test more. If we found a positive edge we could use this strategy in our trading.
if anyone wants you can test and post your chart here.
Thanks, I will test 100 times for the initial sample size.

Some charts

You check these entries how and why I buy

Based on market structure in higher time frame and based on that can mark how you see market structure in lower time frame and when n where should be your entry and share charts so it can be interactive and we both will learn.

You must unlearn trend lines and support resistance these are retail stuff, try to focus on market structure alone rest whatever you use, use it only as confluence.

another 2 tp hit.
total
4 SL
6 TP

4 trade loss 2 trade win.
total
8 sl
8 tp

Hello Hasib,

please in the beginning you were writing something about Donchian channels and RSI. That strategy doesn't work anymore?

Thank you for the reply

@Hasib I'm kind of confuse now which trading system we are in?

Warmest regards to everyone.

DC and RSI is magic it works in all the market and all the tf too. I was searching for something that improves the system a little bit more.

Ignore the moving average I didn't test that yet.
focus on DC and RSI.
See today's gold trade.
I was trying to create an ea with one of my ff Friends. Now he is very busy with his property sale and other family activity.

I know ea will not be that great like manual trading, in manual trading, we have some advantage. You need 2 indicators RSI and DC.
If you found something good that improves the system share it with others.
I am also looking for one too.
those who are looking for a simple system you can use it. what I share here itself is a good system.

Hello, much thanks 4 sharing this system. I would use a EMA 60 as double confirmation for long/short direction.

Yes, you could use one moving average.

EMA or linear weighted moving average both are good you can choose one. I update the first page please read it again for exit rules.

Here is a possible buy entry, and possible stop and tp.
It is an example I miss this trade.

Price above MDC and RSi is above 55. you need is this for buy.

Ask questions, for Better understanding.
You can have better results If you select one or 2 pair,
2 to 3 TF for trading entry. For analysis or market understanding you can use all the TF No problem.

I trade GU and gold.

Look at this we got 5 trades in GU today, we don't need more.