farimir system

Hi All

This is my first little system. Well, it is not really a system as there is no money management and trade management yet. It is only an idea of a system and I haven't traded it yet, just had a look back and it seems good. Maybe some of the forum members say that I'm wasting my time and then we can leave it, or it might become something. OK, enough chit chat, here we go:

You plot 2 indicators on a 4H chart, Damiani Volatmeter (default settings) and the Coffie_v1 (default settings). You first look at at the Volatmeter (green must be above grey line) and then you enter on the next cross of the Coffie. Please note that you do not enter immediately in the direction of the Coffie after Volatmeter green goes above grey, you wait for the next cross on the Coffie and you enter the trend in that direction. I'm still looking for money management ideas, but it seems to be a good entry and filter.

hallo brother farimir...

both are great indicator...
but both are showing neither the trend strengh is strong or not...
my question is how to indentify is it buy or sell..

These are two very interesting indicators!

I look forward to hearing about any of your
observations or info about them.
I'll post some observations too if you wish.

Thanks again and good trading!

FXS

What is your win loss ratio with this system?

Hi All

Please forgive me for not coming back to you. I do not trade this system, nor do I have statistics about the profitability. I posted the indicators with a short explanation as it looked very interesting to me at the time. Since there were almost no response from anyone I just sort of left it. My idea was just to put it out there for further development as I think there is merit in it, but it is definitely not tradeable as is at the moment.

Just to answer some of the questions, when Coffie yellow line above red line you go long and if red line above yelllow you go short. But you only trade on the first cross of the coffie after the diamani volatmeter green goes above grey.

I hope this explains it and I hope people are not angry at me.