Showing posts with label Forex Trading System. Show all posts
Showing posts with label Forex Trading System. Show all posts

Tuesday, 9 June 2015

Kobas Forex Trading Strategy



KOBAS STRATEGY


Timeframe: Any (but I recommend from 15 minutes chart and above)
Indicators:  Moving averages (Exponential)

i. Period 5 (Yellow)
ii. Period 10 (Magenta)
iii. Period 15 (Red)
iv. Period 65 (White)
MACD (Default settings)
You can also change the colors to Red and Dark Turquoise as shown
below.



Entry Signals

The signals are classified into 5 sentiments for the indicators
i. Bullish
ii. Bearish
iii. Consolidation
iv. Bullish Consolidation
v. Bearish Consolidation

Which means that the moving averages and the MACD can give signals based on any of
the 5 sentiments.

Although, we have four Exponential moving average indicators but, I will classify them
as two different indicators i.e, 5, 10 and 15 as one and then 65 as another indicator for our
signals.

We now we have:
Indicator 1 - EMA (5, 10, 15) 
Indicator 2 - EMA (65)
Indicator 3 - MACD with Red and Dark Turquoise colors.

SIGNALS FOR EACH INDICATOR

Indicator 1: Whenever there is a crossover of the three EMA (5, 10, 15), then wait until
they split distinctively according to the periods or colors as shown on the chart, then a BUY or SELL is confirmed depending on the direction at that point in time (Bullish or Bearish).If they are all together, that means consolidation.

Indicator 2: Check the angle of the 65 EMA
Upward angle: Bullish (BUY)
Downward angle: Bearish (SELL)
Flat: Consolidation (NO TRADE)

Indicator 3:  MACD
   Red line is the MACD signal line
Dark Turquoise bars are the MACD cloud
Zero level (0.00) separates BUY/SELL regions

If the Red line is above the zero level (0.00), that means BUY (Bullish) but if it is
below the zero line it means SELL (Bearish).

If the Dark Turquoise bars are above/below the zero line, that means BUY
(Bullish)/SELL (Bearish).

If the MACD signal line (Red line) is inside the MACD cloud (Dark Turquoise),
above/below the zero (0.00) line, that means BUY(Bullish)/SELL(Bearish).

If the MACD signal line (Red line) comes out from the MACD cloud (Dark Turquoise) above/below the zero (0.00) line, that means Bullish consolidation/Bearish consolidation.

Now, let me bring everything together. You must make sure that you consider these five
sentiments before taking a trade:

i. Check the three EMA (5, 10, 15).
ii. Is the market trading above or below the white line (65 EMA)?
iii. Check the angle of the white line (65 EMA).
iv. Check if the MACD signal line (Red line) is above/below the zero(0) level
v. Check if the MACD signal line (Red line) inside the MACD cloud.

Let’s apply all the rules on the market and see:


As you can see on the chart above, the 3 EMA (5, 10, 15) separated (SELL) and the
candles are below the white line (SELL). The white line (65 EMA) was angling down
 (SELL) and at the same time the MACD signal line (Red line) was below the zero level
(0.00) (SELL) and entering the MACD cloud (Dark Turquoise) (SELL).

For every signal, make sure the five sentiments shows BUY/SELL before you take a
trade.

Exit Signals

You can pullout from a trade when the MACD signal line (Red line) comes out of the
MACD cloud for short time traders or when the signal line crosses above/below the zero
level (0.00) in an opposite direction of our trade for position traders. Look at the chart
below:



Friday, 29 May 2015

Very Simple And Profitable Forex Trading System


Description:


Use 1H chart on GBP/JPY with Stoch(5,3,3) and RSI(7). The idea is this ...use Stoch and RSI just to define where it is possible to have a breakout. Then use most profitable tool ever – simple candlesticks. If you have strong down trend and Stoch and RSI are oversold, and we have up trend candle (black candle) close at the middle of the last (in this case black one) enter a trade. You are getting 3 signals to confirm your entry – isn’t it great!?

Some people reports: With this system make more than 1500 pip only from GBP/JPY for week. (Use it just for GBP/JPY)



1 – RSI oversold    2 - Stoch oversold    3 - candle (black candle) close at the middle of the last one in opposite direction.

Buy/Sell rules Sell when RSI and Stoch are bought or they are close to overbought (75) line, and we have down candle which has closed at least at the middle of the last up candle.

Buy when we have oversold RSI and Stoch and we have up candle which has closed at the middle of the last down one.

Exit rules if we are in a sell trade and ... we have oversold RSI and Stoch and we see this up candle which has closed at 50% of the last down one - exit and enter another trade.

Stop loss:
Place a stop loss 3 pips below your signaling candlestick – in this case figure #3 – see screenshot above.

Wednesday, 20 May 2015

5 And 13 Exponential Moving Average Profitable Forex Strategy

Strategy

Take from Fibonacci sequence numbers 5 and 13 as the parameters for moving averages. When you wish to determine the price movement, the time for opening and closing the positions, use Exponential
Moving Average (EMA) 5 and 13 indicators and follow these rules:
Open the position when EMA5 has crossed EMA13.


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Buy when EMA5 has crossed EMA13 from below.
Sell when EMA5 crosses EMA13 from above. Wait until the time interval (selected by you) closes. If by this time EMA5 and EMA13 have crossed each other, enter the market at the price of opening the following time interval.

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When opening the position – at the same time – you should place stop loss order below/above EMA13.
Close the position in case:
a) the closing price showed crossing or equality of EMA5 and EMA13;
b) the prices reached the level of your stop order.
These rules can be applied to all time interval. However the best results are achieved with one-hour
charts.
The following picture illustrates the rules.

To improve the results of your Forex trades, use these crucial rules: Place your stop orders at 50 pips level from EMA13, binding this level to EMA13 movements; of course, if the market trend goes as it was expected.
This tactics will give you the possibility to avoid non-predictable market movements.


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Do not open the position if there is a gap of more than 100 pips between the opening price and the level of stop loss order. This rule will protect you from big market movements which take place during a very short time interval (see below image)

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Do not open the position when there is only 1 pip between EMA5 and EMA13. Wait until the time interval is closed with more sufficient difference between EMA5 and EMA13 (see below image)

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You should set up for yourself a certain maximum sum which you are ready to lose on every trade (risk percentage). It should not be more than 10% of the total sum on your account.

Tuesday, 19 May 2015

10 Pips Profitable Forex Trading System


“10 pips anytime your want – secret” This simple system I have been using for years.
You don’t need to be a Forex guru to use this system.
There is ALWAYS an opportunity to make 10 pips when ever you have time, keep reading and I will explain why…

 Make sure to open history charts to see how profitable the system.

Profit: 10 pips per trade. 5-10 trades a day

You can use this strategy anytime you want, there are always very strong signals The system will work on many Forex pairs and many major Stocks. The rules to this system are simple, and executing and managing trades will take no more than five minutes of your time. The only tricky part is bringing your knowledge base up to speed with the strategy so this becomes a five-minute process.

Let me introduce you to the four simple steps below. Then I’ll take you through some worked examples in order to illustrate just how easy this system is.

This trading system involves 3 simple steps

1. Identify a current trend
2. Identify your entry signal
3. Place your trade
Manage your trade later..

10 Pips Profitable Forex Trading System


1. Find the third candle
2. Enter your trade at the start of the third candle
3. Close your trade in a few minutes with 10 pips profit.
Below I will show you what to do – step by step.

The system works fine for me on 5 minutes or 15 minutes charts, but it work on other timeframes as well.

Setup:

-Identify the current trend. For example: (use 200SMA or 200EMA to identify the current trend. If the price is above the SMA – the current trend is up or opposite)
-Open a 5 min or 15 min and find the “first candle”. “The First Candle” is between two candles, and it is the highest or the lowest of those three candles. Look at the chart below:


The 1st candle is located between two candles and it is the highest (or lowest ) of the 3.
-Now if you look to the right of the 1st candle is the 2nd candle and the next is the 3rd candle – the most important for us. This system based on the 3rd candle.


If look on your chart you will see a lot of “three candles figures” and all of them are great trading opportunities! Usually each trade will brings you 10 pips profit:


Trades

We BUY at the very beginning of the 3rd candle if the current trend is up and your candles figure is going up
We SELL very beginning of the 3rd candle if the current trend is down and your candles figure is going down.There is ALWAYS an opportunity to make 10 pips when ever you have time: All you have to do is to open few pairs charts and you will always find your 3 candles on some pairs! This is guaranteed!


Take profit

Your target is 10 pips. You can also try to use a trailing stop order to maximize your profit.

Stop loss

Stop loss needs to be placed above or below the second candle: If you BUY – place a stop 1
pip below the 2nd candle, if you SELL – place a stop 1 pip above the 2nd candle.

When not to trade

- do not trade 1 hour before and after major news or big events
- when the 3rd candle is against the current trend
- when the second candle closes “inside” the 1st candle:





You may also use a Stochastic indicator with parameters 5.3.3 to filter your trades. If the direction of the stochastic is opposite of your 1st and 2nd candles it is better not to trade at that moment and wait for the next “1st candle figure”.

Time frames

This system can be used with higher time frame. In this case make sure to set your take profit target more than 10 pips.

Pairs and stocks

This system will work on all major pairs and Stocks. Try EUR/USD GBP/USD..

Money management

Do not trade for more than 3-5% of your deposit (per trade)

Stock trading
Exactly the same method “3 candles” can be usedfor Stock trading. It works in the same way and
with the same rules.

Saturday, 16 May 2015

Profit Able No Loss Forex Trading Strategy

The strategy is very simple and would only take a few minutes of screen time per day (using 4HR candles).

GONE FISHING STRATEGY


Platform: Metatrader 4
TIMEFRAME: 4HR, DAILY (Shorter timeframes work but reduced winning %)
INDICATORS: FX Fish, MA_CROSS_OC (I overlay bigbear's FTC as well to spot possible oversold/overbought)

SHORT ENTRY:

DOWN Orange arrow AND Red line on FX Fish indicator
ONLY ENTER AFTER BAR CLOSES!
STOP LOSS: Last swing
TAKE PROFIT: I personally slide to break even at +50 then wait for closing signal

LONG ENTRY:

• UP Blue arrow AND Green line on FX Fish indicator
ONLY ENTER AFTER BAR CLOSES!
STOP LOSS: Last swing
CLOSING SIGNAL, STOP LOSS, AND TAKE PROFIT SAME AS SHORT ENTRY

CLOSING SIGNALS:

• Opposite arrow appears (take opposite trade if FX Fish turns a different color as well)
• FX Fisher gets an opposite line color (no arrow needed)
See attached pics for samples.
And that's all there is to it. Works with most pairs (I use majors and yen pairs).
Check the charts every 4 hours for signals then turn the monitor off and come back again in 4 hours (or next day if using daily).



Attached Files

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