here's my trading system i use. might be useful for those who want to try some different systems. i just traded this for a few weeks, and works good enough for me.
if someone has an opinion or improvement for this system, then please share it here
indicators and settings used:
time to next bar
#signal_bars_v9 (password: free_at_tsd)
ma in color_wappliedprice (12,3,6)
heiken_ashi_smoothed1lime (2,6,3,2)
moving average (3sma on previous indicator data)
trendlord (21 period)
rsi-tc (21, 50, 50, true)
i use it mostly on m15, but also sometimes at smaller timeframes. never tried it at higher timeframes, but i think it should work there too.
entry for long:
when the moving averages are crossing, and heiken ashi turn green
the color of trendlord indicator should match with the heiken ashi bar, so also green
rsi above 50 and green
entry for short:
when the moving averages are crossing, and heiken ashi turn white
the color of trendlord indicator should match with the heiken ashi bar, so also white
rsi below 50 and white
exit is when ALL above points are turning to the other side. if only 1 or 2 indicators are different while in a trade, i usually let the trade go, until all 3 say different again.
credits for indicators to original authors, i did not create them, i just found them and put them together.
if someone has an opinion or improvement for this system, then please share it here
indicators and settings used:
time to next bar
#signal_bars_v9 (password: free_at_tsd)
ma in color_wappliedprice (12,3,6)
heiken_ashi_smoothed1lime (2,6,3,2)
moving average (3sma on previous indicator data)
trendlord (21 period)
rsi-tc (21, 50, 50, true)
i use it mostly on m15, but also sometimes at smaller timeframes. never tried it at higher timeframes, but i think it should work there too.
entry for long:
when the moving averages are crossing, and heiken ashi turn green
the color of trendlord indicator should match with the heiken ashi bar, so also green
rsi above 50 and green
entry for short:
when the moving averages are crossing, and heiken ashi turn white
the color of trendlord indicator should match with the heiken ashi bar, so also white
rsi below 50 and white
exit is when ALL above points are turning to the other side. if only 1 or 2 indicators are different while in a trade, i usually let the trade go, until all 3 say different again.
credits for indicators to original authors, i did not create them, i just found them and put them together.
