The SystemsForex Strategies & Methods. Scalping M1, M5, M15 minute charts, intra day trading M30, H1, swing trading H4, D1, or position trading W1, MN? Trend or reversal?
I originally designed this system, the AshFX Daily, in early 2008, primarily for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.
As the name suggests, it's to be used on the Daily Timeframe, and can be used on any currency pair.
These are the indicators that are required:
- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)
- AC (Accelerator Oscillator)
- AO (Awesome Oscillator)
- Stochastics (5,3,3)
Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.
See below for an example of what you should be seeing...
Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully to understand the rules.
I originally designed this system, the AshFX Daily, in early 2008, primarily for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.
As the name suggests, it's to be used on the Daily Timeframe, and can be used on any currency pair.
These are the indicators that are required:
- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)
- AC (Accelerator Oscillator)
- AO (Awesome Oscillator)
- Stochastics (5,3,3)
Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.
See below for an example of what you should be seeing...
Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully to understand the rules.
Regards,
Ash
This looks good considering the virtual back testing on few currencies. I should try it 1st on a demo acct.
Thanks for the system Ash! I like it a lot and have made HUNDREDS of pips from it. I use 2 versions. the Daily of course, but I really like the H8 version. It gets me in sooner, and I can close out the pips from that as I enter into the daily version.
I would like to post pics but can NOT find the 'Pictures & Albums' link under my UCP. HELP! Am I looking in the wrong place?
Here is my Ashfx-H8 system. I hope the pic uploaded. It uses the awesome indicator and the Stoch Histogram, Stoch combination. I also use the color PSAR and the Demark indicators. thanks again ASH!
Here is another great H8 trade using the ASHFX system. Can not say enough good things about ASH and his system. I run my own company so I do not have time to stare at a computer all day. I check this out in the AM and PM for the daily and H8 time frames. Use good MM with your trading and you WILL make hundres of pips per week. There will be bad days of course, but use good stop loss positions and you will more than make up for the loosers. Remember, this is a trend following system, NOT a trend predictor. let the good trades run. I am currently using 3 lots per trade. As soon as I get a good profit I "feed my greed" and close out 1 position and move my SL to break even. I just keep moving that SL to lock in the profits. If it suddenly goes agains me - so what, I took some profit and broke even or then some with the rest.
Last edited by cabbagepicker; 06-02-2009 at 21:24.
How do I get an H8 time frame into the MT4 or do you use another platform?
Quote:
Originally Posted by cabbagepicker
Thanks for the system Ash! I like it a lot and have made HUNDREDS of pips from it. I use 2 versions. the Daily of course, but I really like the H8 version. It gets me in sooner, and I can close out the pips from that as I enter into the daily version.
I would like to post pics but can NOT find the 'Pictures & Albums' link under my UCP. HELP! Am I looking in the wrong place?