WCFS-Trading System

Trade weekly charts in the direction of monthly and if weekly charts are in counter trend to monthly than counter trend move to be traded in daily, that is the broad vision of this system.
Trade any pair you like and keep six charts for every pair on your metatrader screen. I will soon post indicators settings but use indicators that is stoch, BB, MAs, MACD.
Alan farley in his book Master swing Trader wrote that indicators are only to be used to confirm price patterns and not vice versa

The candle charts sequence on the MT4 will be
monthly,weekly,daily1,daily2,monthly plane, weekly plane
The indicators settings are
weekly and monthly
stoch 5,3,3 close/close linear weighted, 80,20,50 levels with grids
BB, 20,2 close
Daily1(all MAs on closing price) with grids
5EMA,8SMA,20SMA,50SMA,200SMA
MACD 12,26,9, Close
Daily2 with grids
Stoch 10,3,3,close/close,linear weighted,80,20,20 levels
BB 20,2 close
One monthly plane candle chart and one weekly plane cabdle chart without grids for candle stick and pattern analysis
select clours of your own choice which appeal you and you feel comfortable

see this chart and please comment upon the concept

Hi, Hello
I think it is very interesting, but I did not understand very well how you use your method, what are the signals to enter and which to exit.
can explain it better?
Thanks

Lubo

Good luck with this new system Hello 1234.

gtrade

Good luck with this new system Hello 1234.

gtrade