Kinetic: 80-90% Not to Lose

The Core:
Always Buy on Pullback. Because it entitles you a lot more chance to breakeven when price go sourly ranging.

Who should be trading this strategy?
You. Or your daddy. Or Grandpa Mac.

What are my not-to-lose chances with this system?
As high as 90%. I have done real time trading with this system for nearly half a year. In good a month I got 20+ winners, 10+ BEs and 5 losers. On a bad month I got 20+ winners 20+ BEs and about 10 losers. I have yet experienced 20+% losers.


What do I need?
1. Zerolag MACD*
2. EMA 6 to close
3. EMA 8 to open
*note: I didn't create this indicator and thanks to whoever shared it with us.

What Timeframe to be Traded?
15M

Which Pair should be Traded?
EURUSD

When to Trade?
London Open to London Close (GMT: 0700 - 1500)

I'm Interested. Tell me the Entry Rules for LONG:
1. ZL MACD diverges (not more than 4 bars since its divergence)
2. EMA 6 crosses over EMA 8
3. Wait for candle to close for confirmation
4. Wait for pullback of 1/3 of the previous candle, wait time is (2 candles after signal candle or 30 mins), if that expires we will look for new signals.
5. Viceversa for SHORT

TP and SL:
1. TP 22 pips minimum or next SR (includes 2 pips spread)
2. SL 20 pips maximum or next SR (includes 2 pips spread)
*For simple programming just stick to 20 pips at the time being. Thanks.

Do I need Strict MM?
Yes. Set position to BE if price go against OR in favor by 10 pips, valid only after the entry candle is closed.

What's so good about this strategy?
1. You only require a ZL MACD and 2 MAs. Anything easier than that is pure PA. Or score a 5-er "hottie".
2. You do it right and you will have minimal chances of losing, and that gives you consistency.
3. Fairly plenty of signals even on 15M EU alone.
4. Ranging markets cant kill you off... so easily.

What's the drawbacks, bro?
1. You need a fairly bit of screen time unless someone can develop an EA or alert for it.
2. You may score a mere 20-pip winner for a 200 pip trend. But I'm just happy with 20 pips most of the days.

So, here it is:


Is this system for free?
Yes and No.
Yes, you do not need to pay anything at all nominally.
No, if you think this system is good, share with others. If you have programming capabilities, write an EA for us, the community.

Guys, it came just at the right timing - a good day and there's 4 winners and 1 BE. This would allow me to show you how this system could work at its best.

Don't get me wrong, You don't have these kind of winners everyday, but from experience I see them like about once a month. On an average day you are more likely to score a winner and maybe another BE.

Hi baronfei, thx for share your system!

I try to open your tpl, but there is a name-error in the tpl or the indicator.

in the tpl file the indicator name is "ZeroLag MACD" and the indicator name is "ZeroLag_MACD"

so if someone use, change the tpl file, or the indicator name, last is easy :-)

thx again baronfei , I will take an eye on that sys

cheers

hmm if i see right
acording to your system you should not take this last trade wish was stopped at be?
there was no cross on ema?
regards

Can you explain how to see when the ZL MACD diverges. What I understood is:
- for a long, you need to have a bar, then a lower bar and then your entry bar needs to be a higher bar.
- for a short, a bar, higher bar, lower bar (entry bar)

Is that correct ?

Hi Bbolss, that was a valid trade, just like the first one.

Its a Trend Continuation trade. The MAs have crossed sometime back. So what we are looking here is MACD to make a round up and come south again. To illustrate:

mlambole: Yes you are spot on.

Hi Punisher, Ive amended the file. Thanks for the reply!

ok i get it;]
thanx 3 the system
i will chec it out when i will have some time
lots of pips !
regards

When you calculate the 1/3 of the entry candle, do you take the third of the high/low or the third of the body ?

mlambole: Just the body.

thanks for sharing such a simple and effective system. does it work for other majors ?

roundrock: maybe the thing is I havent been doing realtime trading with any other pairs. but one thing im definitely sure is that the MM needs to be modified.

I don't understand where the divergence is occurring. MACD bars seem to be following price perfectly in all the examples.
Pullbacks and resumptions are not divergence, are they? Are we just looking for resumptions?

baronfei, I intend on writing an EA on this, but I need quite a few clarifications.

Please verify if the following understanding of your logic is correct (Order of the logical steps are important in programming):

For long opportunities:
1) EA will look for ema 6 crossing above 8
2) Look for positive direction change in Zerolag MACD (let's not call it "divergence", because it's different from your definition, and it will continue to confuse people)
3) Qualify step 2 by making sure the direction change is within 4 bars
4) If step 2 is qualified, look for entry 1/3 way below the body of previous bar.
5) If step 4 fails to find entry within 2 candles, reset to step 2.
6) If 6 cross below 8, program will reset back to seeking step 1.

That makes sense. That interpretation deserves an EA test even if it is a little off.

Maybe we could use MultiPurpose Trade Manager E/A by Steve Hopwood, to manage the trade after get in position?

I'll be taking a look at this and following your progress. Thanks for showing us your trading method!

would be good if macd was coloured red n green for easy identification

What if you post more your daily trades with images? From the current charts its not easy to find the valid entry....!