outloud20 strategy

ill be asking for inputs here..

this is actually a combination of some systems i saw here in ff.. those strategies are not mine, i just added some more indis and combined it to make the signals more clearer. The indicators are also not mine, since i get it here for free, i think i wont be having any problem using and sharing it.

i have been using it for few days.. and its a bit profitable. but i only trade it on 1 pair since im having a hard time switching charts since i cannot monitor trades that much.

anyway, here is the strategy, and you can take a look if it is profitable, and maybe a good coder can make an EA from this one (for free? LOL), since i, myself is not able to trade catching signals for whole day, and also for others to use.


timeframe: H1

indicators:

EMA 50
Final Draft 3 Semafor Alert
MMLevls_VG
Gann Hi low activator v2
Heiken Ashi
Price channel stop v1.2


RSX
MA of RSX
DSS Bressert

Awesome
RSI

download it here: since i cannot upload rar (Lol)
http://dl.dropbox.com/u/3996918/outl...indicators.rar


Entry..

1. Watch the last semafor, buy or sell depends on it. red on top means sell only, cyan on bottom means buy

2. PA should be above Gann and Price Channel for buy and below for sell

3. DSS should be blue for buy and red for sell

4. RSX and MA of RSX cross from above (SELL) from below (BUY). if there is no recent cross, make sure that both are going same direction. Going down for sell and up for buy. Best way is when they came from 20 (buy) and 80 level (sell)

5. RSI came from 30 level going up (BUY) another is when from below going up and above 50. (SELL) is when it came from 70 going down or cross 50 level going down

6. Awesome is green (BUY) red (SELL) regardless whether up or down the mid level.

7. Heiken Ashi is Green (Buy) and Red (sell)


EXIT:

there are a lot of ways.

PA cuts from Gann
DSS change color
HA change color
Price channel change position
use the murray levels for easy 20-30 pips


it may be difficult to make this an EA but making such would be very very much appreciated.


chart will be provided on next post to be able to discuss the entry

GU chart

1st circles are for sell

note that there is a red semafor on top, wait for the other signals to form

next bars, PA went down the price channel and Gann.

RSX and MA of RSX going down

DSS red

RSI down from 70 level

Awesome is RED

HA is also red

Basically, the TP would depend on you.



NOTE the Big circle, it is for quick buy, i saw that below 2/8 level of murray, a semafor has been there, you can enter a buy there but tp would be on murray level, which is actually what i did last night, gaining on around 10 pips.

though the signals are clear, it has already a bit late for a trade, plus the PA is slow, so i just took it and get some small pips.


around 4am market time, (i was asleep though)

A sell signal is clear, 3am, PA went down Gann and Price channel, RSX crosses , DSS red, RSI down. but it is only till 4am that the AO went red.

you can sell on 4am.


the next circles are buy

do i have to explain? this is when i traded. coz i woke up late and just saw it, waited for all the signals to form.

i saw a semafor at the bottom and just waited for some few hours.

you may want to plot it and test it yourselves.

hope it could be seen by some coders, and take a look if it is feasible to be an EA, to share with everyone ofcourse.

THANKS!

here is a EU H1 chart

as you can see, there was a red semafor 3/9 15:00, meaning, we can only go BUY until a top semafor is formed.

so we look into other indicators to confirm a sell.

there was a pullback around 3/10 8:00, it is up to you to trade, getting 20-30 pips isnt bad following the murray level.

you may want to familiarized yourself if you would want to use it on lower timeframes.

UCHF H1

taking 20-30 pips is not bad. since this strategy can be used on all major pairs.

well, looking at many charts at the same time isnt a cool thing for me, so i only trade GU and EU

although you can see entry signals here.

Note that i only use Murray level to exit.

and i reentry if i feel like it, saying so, only when the signals are strong. (",)

Im not a professional, and I am also seeking help from others. I am open to any thing, be it good or bad, i wont take it personally.

I share this setup hoping that somebody could give inputs if it can be an EA. For me, it is profitable doing on manual, but monitoring takes a lot of time, and sometimes, the signals has already been done 1-2 hours, so coming late wont be good simply because i also have some errands to do.

I set TP on murray level once i entered a trade and just let it be. Once PA goes against my trade, i set a stop/limit on the murray level then let it flow.

i have studied this a bit on demo. but using it on real now. gained 141 pips on GU for 2 days. not bad but incurred some loss. when i tried it aggressively on M15 before i used it on H1.

hehe.. trying to scalp? then i used higher lot.. lol.. then got afraid of the drawdown and close at loss, then the price went according to my trade 1 hour after.

haha.. such experience.. well, ill be using H1 only for this strategy from now on though. (",)

Hello fellow Kabayan!
have u checked my message in your profile?

im not sure, but i think at least 1 of your used indicators repaint (Semafor).

if u havent yet, read the threads i mentioned in my message.
they are about S/R (support/resistance). Good luck

When tring to download the required indicators i get the message:
"Oops! (404)

We can't find the page you're looking for."

Can somebody provide a mirror to this page? Thank you!

]

it cannot be mirrored.. im sorry, i deleted it.. but its ok now.. you can download it now.

Thanks. Now its working. Everything is perfect!