The no indicator trading system is based on the following analysis:
1. The MN chart—see whether the price is going up or down on the monthly chart. Higher high, higher low, or lower high, lower low.
2. Check to see if the current MN candle is bullish (green) or red (bearish).
(Repeat the above steps on the W1, D).
3. When you find an asset that the MN, W1, and D price action is trending in the same direction and the current candle on all the above time frames aligns with the trend, look for entry points on the lower time frame, such as the 1 hour. Wait for a pullback and try to use trend lines. Once the pullback touches or is close to the trend line, enter the trade in the direction of the trend.
4. Price might go against you for a while, but most of the time it will continue in your direction. Ensure that you use a reasonable lot size and perhaps a stop loss of 2 ATR or below or above the recent swing high or low.
Advice: Sometimes the trade will just consolidate for a couple of hours or even days where you remain within a small loss, but have faith. There is a high probability that it will start moving in your favour soon.
I trade with sentiment and feelings. I might close a trade if I have the feeling that it won't go in my favour after a couple of hours or even days. I don't wait for the price to hit my SL. I have found that this system works well for me, and I believe perhaps it can also work for those who want to try.
Thank you and all the best.
1. The MN chart—see whether the price is going up or down on the monthly chart. Higher high, higher low, or lower high, lower low.
2. Check to see if the current MN candle is bullish (green) or red (bearish).
(Repeat the above steps on the W1, D).
3. When you find an asset that the MN, W1, and D price action is trending in the same direction and the current candle on all the above time frames aligns with the trend, look for entry points on the lower time frame, such as the 1 hour. Wait for a pullback and try to use trend lines. Once the pullback touches or is close to the trend line, enter the trade in the direction of the trend.
4. Price might go against you for a while, but most of the time it will continue in your direction. Ensure that you use a reasonable lot size and perhaps a stop loss of 2 ATR or below or above the recent swing high or low.
Advice: Sometimes the trade will just consolidate for a couple of hours or even days where you remain within a small loss, but have faith. There is a high probability that it will start moving in your favour soon.
I trade with sentiment and feelings. I might close a trade if I have the feeling that it won't go in my favour after a couple of hours or even days. I don't wait for the price to hit my SL. I have found that this system works well for me, and I believe perhaps it can also work for those who want to try.
Thank you and all the best.
Claud Lepathy
US30 Strategy B All Time Return:
-88.8%
