Free Technical Trading Systems

[Vortex]

To enter a "buy" EMA should be uptrend?

[wades-world]

I personally use this system on the 15m and the 1hr. This system has done for me what it has done for countless others in the past.......It Works...!!!
From:Cubbybgood
PLEASE READ ALL OF THIS POST BEFORE TRADING!!!!!!

The only system one could ever want or truly need is right here.
I was taught this system from a friend of mine with a lot of forex knowledge.

I have a few threads on FF sharing with you a couple of my custom systems but this one here is the real deal. There's no custom or tricky indicators that repaint. Everything is already included in your platform. This is the system I use for my live trading and believe I always will. My custom systems are good but just don't fallow price like this one does.


My story in a nutshell,
I am a trader of 4 years with 3 of them being a bad experience till I was taught this system by a good friend. Now a year later I consistently make 20-50 pips a day only trading a couple hours.

Why I like this system,
-It's solid and works on the 5, 15, 1H, 4h, and daily time frames.
-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.

System,
EMA's, 3,5 and 13
cci, 24 period fixed minimum of -350 and a maximum of 350
cci levels -90, 90

Sell:
Check 5m chart for latest swing low.

Check EMAs all heading down and spacing apart on 15m chart.

Enter trade on next break point on 5m chart when CCI is below 90 CCI
(not important in 15m chart)


EMAs must be heading down and spacing apart on 15m chart for entry.
(not important in 5m)

Stop loss 3 points above last swing high.

70% of Take profit at ½ Stop loss value 30% at 3 EMA crossing up through
13 EMA (on 5m chart).

What is the lowest low?
It's when the current candle has at least 2 candles before and after that are higher then it itself. (Example is in pic.)


Buy:
Check 5m chart for latest swing high.

Check EMAs all heading up and spacing apart on 15m chart.

Enter trade on next break point on 5m chart when CCI is above +90 CCI.
(not important in 15m chart)


EMAs must be heading up and spacing apart on 15m chart for entry.
(not important in 5m)

Stop loss 3 points below last swing low.

70% of Take profit at ½ Stop loss value 30% at 3 EMA crossing down through 13 EMA (on 5m chart).


What is the highest high?
It's when the current candle has at least 2 candles before and after that are lower then it itself. (Example is in pic.)
　
Risk?
Max, Only 5% per trade.

While trading, make sure when your TP is hit to only take out 70% of the initial trade. Leave the other 30% in till 3 and 5 ema cross the 13. This will allow you to let your profits run, which is a must in forex trading!



Please do not change this method to your liking, keep it as it is. I've don't very well with this system over a long period of time. I've tried using it with many different indicators to try to make it better. Doing so just didn't make sense to the system. I even tried fib pivots. Also didn't make sense.

This system was meant to be traded as is. I've traded it for a year now and it's treated me very well so I hope you like it. Please give it a good shot with your trading. I've had a lot of people come to me asking how to trade profitably and this is the system that has helped me.

profit all day image.gif

profitallday.tpl

[adambomb1980]

Great system man, looks like it is a really good one. My only question is when you say when the moving averages are spreading out (either up or down, for buy or sell), how far apart do you like them to be? Just where they aren't touching or what?

[pipsqueak]

Originally Posted by adria

One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

I agree, too many people focus on the system alone and simply never focus on how they look at things. We are normally the downfall of a system and not always the system being a bad thing

[wades-world]

You want a decent separation with a decent angle also...

[henryduncan12]

Originally Posted by adria

One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

I am agree with your tips to traders. There is much risk in Forex Trading and therefore traders should have control on their emotion.

[Peter4]

I'm looking for some information about Fibonacci Forex trading, something like you can see here. But really, there are no trading tools for Fibonacci analysis.
Any suggestions for statistic tools?

[Husanboy]

Originally Posted by wades-world

Copied from the FF thread- it is called 'Profit all day':
Why I like this system, -It's solid and works on the 5, 15, 1H, 4h, and daily time frames.-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.
System, EMA's, 3,5 and 13 cci, 24 period fixed minimum of -350 and a maximum of 350 cci levels -90, 90
Sell entry on 5 minute. break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.
Tp and SL. SL is 3 pips above the last highest high. TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.
What is the lowest low? It's when the current candle has at least 2 candles before and after that are higher then it itself.
Buy entry on 15 minute.break of the last highest high. check next highest time frame which is 1 hour to see if there is good spacing between the EMA's heading downward. I do not confirm trades on the 30 minute time frame. If there is good spacing and EMA's are heading down then you have a great entry.

Live results please?!