Day trade setup

GBPJPY DTS strategy

You don't need the 2025 update. It's enough to read the first 15 pages of this thread, add 2 moving averages, and start trading. Initially, this thread was interesting: there were minimal indicators and a logical trading approach. Now it has turned into a heap of unnecessary indicators. Look for simple and logical systems with minimal indicators — they exist on the forum. Or trade this system, but with just two indicators. I'm no longer interested in this topic. Wishing everyone success!

I understand that some traders prefer using the Heiken Ashi indicator and Heiken Ashi-based systems for their trading strategies. The appeal is clear—they provide smoother price action, reduce noise, and help traders identify trends more visually. Additionally, these systems often aim for small stop-loss levels and high reward-to-risk ratios, which is a reasonable goal in trading.
However, I would like to suggest an alternative approach that I have found effective: using the 10 and 3 EMA crossover strategy for entry signals.
Why I Recommend 10 and 3 EMA Over Heiken Ashi

1. Sensitivity to Price Movement:
   While Heiken Ashi averages the price and smoothens the candles, this can sometimes result in a lagging effect. In contrast, the 10 and 3 EMA crossover is much more sensitive to real-time price movement, allowing for quicker entries and exits, especially in fast-moving markets.
2. Dynamic Support and Resistance:
   EMAs can act as dynamic support and resistance levels during trending markets. Watching how price interacts with the 10 EMA, for instance, can give clues about pullbacks and trend continuation.
3. Improved Entry Timing:
   By using a fast EMA (3 EMA) and a slower EMA (10 EMA), you can pinpoint entry opportunities with greater precision. This system allows you to catch trends early and reduce the lag associated with Heiken Ashi.
4. Adaptability Across Time Frames:
   The 10 and 3 EMA strategy works well across multiple time frames, making it versatile for scalping, day trading, and swing trading. You can analyze the trend on higher time frames (e.g., 4-hour or daily) and time your entries on lower time frames (e.g., 15-minute or 1-hour charts).
5. Clear Trend Reversals:
   A crossover between the 3 EMA and 10 EMA often signals a potential trend reversal or continuation. This clarity can provide traders with confidence to enter or exit trades without overcomplicating their decision-making process.

Additional Tips for Trading Success

1. Combine with a Momentum Indicator: Pairing the 10 and 3 EMA strategy with an indicator like the WAE can improve your accuracy. These indicators can confirm whether the momentum supports your trade direction.
2. Use Multi-Time Frame Analysis: Always check the higher time frame to ensure you're trading in the direction of the dominant trend. For example, if the 4-hour chart shows a strong uptrend, focus on long entries on the 15-minute or 1-hour chart.
3. Risk Management Is Key: No matter how good a strategy is, proper risk management is essential. Aim for a risk-to-reward ratio of at least 1:2, and avoid risking more than 1-2% of your account on a single trade.
4. Backtest and Optimize: Before implementing any strategy, backtest it thoroughly on historical data. This will give you confidence in your system and help you refine its parameters for the asset and time frame you're trading.

Final Thoughts
While Heiken Ashi systems have their place and can be useful for certain trading styles, I believe the 10 and 3 EMA crossover strategy offers a more precise and adaptable approach for traders looking to capture trends while keeping stop-loss levels tight and maximizing rewards. It provides a balance of simplicity and effectiveness, without being overly sensitive to market noise.
Trading is all about finding a system that suits your style and goals, so I encourage everyone to experiment, backtest, and see what works best for them. If you have any questions or need further clarification, feel free to ask—I’m happy to help!

Thank you for your update

Ive been scrolling through this thread. Ive noticed you have multiple different layouts it seems. Not sure on which one is recommended now for this trading method?
Ive been currently following along the old thread of TMS and TMS(R), but as i notice that the dates are a while back and it seems this market and this amazing website evolves rather quickly. Ive def' taken a liking to this method during my readings and just would like to grasp the current Method being used by yourself.
For instance on previous posts;
1. you had a Dashboard stating the trend up or down of the pair on different time frames posted on the top left.
2. There is an updated 2025 version that precedes a post stating; Its not needed and a picture posted on that reply shows a different setup than in previous posts. Im rather confused on what to follow and work towards.
3. I am in no means assuming i will get this method right the first time. It just seems like it clicks and i like that, Some of the other methods ive read through dont seem to click as well as this one has. But even with that "Click" im still completely confused as to which screenshoted template is the current ideal setup.
Sorry if all of this has been covered before. I AM A NEWB, I LOSE TRADES.. for now.
Thanks for your time, effort, and everything in between.

Edit: What WAE is that in your last post. I have wae EXT, wae!^%# and a few others. But none that have the simplicity as yours. I would like to aquire if i could please. Thank you again!

You could use your first version or the last updated version. We are looking for trends and buying the deepest part of the with confirmation.
Some buying and selling opportunities in the chart. In case you need.

Well done

My mobile mt4 temple
Oil sell

GBPJPY M5

Nice trade.
What is the indicator that you are using (green and orange line, providing buy and sell signals)?

Who is this question for?

I took that trade too.

I took gj buy at morning. Hit tp.