210508 3:33pm (GMT+8)
While I am comfortable with KAS GBB7S Trading System, there is new observation for these pairs - EU, GU, UC and GJ.
I have noticed in volatile time (my country time starts around 2/3pm - 8pm daily), the direction of trend is the same for EU, GU and GJ while UC will have counter direction of trend, and it happens everyday.
How can I make use of those observation.
Deduce a near Set and Forget System (probably I can be called Engineer of 'Test and Measure' Trading System) - called KAS MPBBS Trading System.
What is MPBBS ?
It means Multi-pair, Bollinger Band Stops (BBS).
It uses only the Bollinger Band Stops (the Red and Blue) and TF selected for my preference for intraday is 15min (of course it can be used with any other timeframe, especially higher).
Here is the Rule :
1) Find the Volatile Time only - in my case 2/3pm - 8pm
2) The moment there is congruent in BBS color for the 3 pairs EU, GU and GJ, eg. If All Blue, place BUY ORDERS for all 3 pairs, set SL -50 and TP +50, but the UC place SELL with same TP and SL. If All Red, Place SELL ORDERS for all 3 pairs, set SL -50 and TP +50, but the UC place BUY with same TP and SL.
3) If all hit TP - enough for the day.
4) If all hit SL - look for Rule no. 2 above to find new entry signal.
That's it.
Already initiated the trade 1/2 hour ago.
While I am comfortable with KAS GBB7S Trading System, there is new observation for these pairs - EU, GU, UC and GJ.
I have noticed in volatile time (my country time starts around 2/3pm - 8pm daily), the direction of trend is the same for EU, GU and GJ while UC will have counter direction of trend, and it happens everyday.
How can I make use of those observation.
Deduce a near Set and Forget System (probably I can be called Engineer of 'Test and Measure' Trading System) - called KAS MPBBS Trading System.
What is MPBBS ?
It means Multi-pair, Bollinger Band Stops (BBS).
It uses only the Bollinger Band Stops (the Red and Blue) and TF selected for my preference for intraday is 15min (of course it can be used with any other timeframe, especially higher).
Here is the Rule :
1) Find the Volatile Time only - in my case 2/3pm - 8pm
2) The moment there is congruent in BBS color for the 3 pairs EU, GU and GJ, eg. If All Blue, place BUY ORDERS for all 3 pairs, set SL -50 and TP +50, but the UC place SELL with same TP and SL. If All Red, Place SELL ORDERS for all 3 pairs, set SL -50 and TP +50, but the UC place BUY with same TP and SL.
3) If all hit TP - enough for the day.
4) If all hit SL - look for Rule no. 2 above to find new entry signal.
That's it.
Already initiated the trade 1/2 hour ago.