After losing $20k in forex finally i develop a trading system that is giving me good living!
I want to share it with forexfactory members, because i learn too much from this forum.
Please try it in demo, and share your indicators of this system. I am currently trading in VTrader. But i want to switch in MT4. All graphs are for VTrader, but you can easily convert it into MT4.
Setup:
1- Parabolic SAR (Default settings)
2- MACD (default Settings)
3- SSO (Slow Stochastic Oscillator) Level 20 , 80
Buy Signal Rules:
1-SSO bellows 20. (or atleast near 20).
2-MACD crossing in up side just after SSO AND MACD must be bellow -0.20.
3-Parabolic SAR at the most bottom.
Sell Signal Rules:
1-SSO above 80. (or atleast near 80)
2-MACD crossing in down side just after SSO AND MACD must be above +0.20.
3-Parabolic SAR at the most up.
Stoploss and Limit:
If strong signal get Limit 50 pips and Stoploss 30.
If low signal get Limit 20 pips and Stoploss 20.
Table of recommended LIMIT of difference currencies is bellow!
Strong and Low Signals:
Strong signal if MACD crossing happen at the time of SSO bellow 20 or above 80 and MACD crossing above or down to middle line.
Low signal if MACD crossing happens at the time of SSO above 20 or bellow 80.
Time Frame:
It is working fine with 1H and above.
Currencies (recommend pips):
JUST FOLLOW THE RULES AND IT WILL WORK!
Samples:
Original Chart:
http://www.imagehosting.com/out.php/i1273816_1.gif
Maxi System:
http://www.imagehosting.com/out.php/i1273821_2.gif
Thanks
Burhan Khan
I want to share it with forexfactory members, because i learn too much from this forum.
Please try it in demo, and share your indicators of this system. I am currently trading in VTrader. But i want to switch in MT4. All graphs are for VTrader, but you can easily convert it into MT4.
Setup:
1- Parabolic SAR (Default settings)
2- MACD (default Settings)
3- SSO (Slow Stochastic Oscillator) Level 20 , 80
Buy Signal Rules:
1-SSO bellows 20. (or atleast near 20).
2-MACD crossing in up side just after SSO AND MACD must be bellow -0.20.
3-Parabolic SAR at the most bottom.
Sell Signal Rules:
1-SSO above 80. (or atleast near 80)
2-MACD crossing in down side just after SSO AND MACD must be above +0.20.
3-Parabolic SAR at the most up.
Stoploss and Limit:
If strong signal get Limit 50 pips and Stoploss 30.
If low signal get Limit 20 pips and Stoploss 20.
Table of recommended LIMIT of difference currencies is bellow!
Strong and Low Signals:
Strong signal if MACD crossing happen at the time of SSO bellow 20 or above 80 and MACD crossing above or down to middle line.
Low signal if MACD crossing happens at the time of SSO above 20 or bellow 80.
Time Frame:
It is working fine with 1H and above.
Currencies (recommend pips):
Currency
Limit Pips
EUR / USD
5 - 20
USD / JPY
10-40
GBP / USD
10-70
EUR / CHF
5 - 20
EUR / JPY
10 – 70
GBP / JPY
10 – 100
USD / CAD
5 – 40
AUD / USD
5 – 30
GBP / CHF
10 – 50
CHF / JPY
10 – 30
Dont trade in any other currency.JUST FOLLOW THE RULES AND IT WILL WORK!
Samples:
Original Chart:
http://www.imagehosting.com/out.php/i1273816_1.gif
Maxi System:
http://www.imagehosting.com/out.php/i1273821_2.gif
Thanks
Burhan Khan
