4H Box Breakout Strategy August 1, 2009 by hyiperz Sponsored Links This system is extremely easy to use and is extremely profitable. I’ve seen breakout strategies for daily and weekly. I’ve never seen one like the one i’m about to present. DRAW a box connecting the high of the first 4hr candle(00:00) of the week with the low. The week starts at the open of the Australian session. If I had a penny for every eve ry time someone has asked which candle ca ndle it is..i wouldn’t need to trade forex to make money. For the next person who is going to ask, follow these instructions. Open your MT4 platform(i use FXDD). Press Ctrl+y on a 4hr chart. Lines will magically pop up and at the start of every week the first 4hr candle should form on the line. This is the candle you use for the High and Low. Box Forming Times: GMT- 21:00 to 01:00 EDT - 17:00 to 21:00 FXDD time - 00:00 to 04:00 Use Time zone conversion to find out your specific time.
Rules: - Add a buffer of 10-20 pips on each end of candle - Buy on upper break of weekly box (including buffer+spread) - Sell on lower break of weekly box (including buffer) SL - other side of Box TP1 - 1x box size TP2 - 2x box size TP3 - 3x box size TP4 - 4x box size This system works on many JPY pairs. GBP/JPY EUR/JPY AUD/JPY CHF/JPY CAD/JPY May work on other pairs, testing is required however. I like to use 3x-4x box size as TP. I take don’t profits at 1x size of box because larger reward is key. Advantages - 30 mins a week - no worrying about charts filled with indicators - higher reward than risk on EACH trade - easy to back test The system works as follows: Eur/Usd 5 min chart -Parabolic Sar 0.03, 0.6 -Slope direction line 20, 3, 0 When a signal occurs in 5M TF, confirm to 30M TF whether the two signals coincide enter the trade! Go long/short when both indicators are in agreement. Exit when the Slope indicator is opposite to the PSAR (Parabolic SAR) Reenter when the Slope Indicator is in agreement with the PSAR
EUR USD Scalping Method System
THV System V3 Final Edition August 24, 2009 by hyiperz Sponsored Links We are happy traders and sometimes we have some fun, jokes or smalltalks during a break or lazy PA in this thread. For saving you time I will hightlight here the most important
informations and you don’t need to go through the hole thread unless you want to have fun. My special thanks to SpecialED, TradeWell and Eddiemiller for trying the first beta setups, Do blece for helping me in MT4 V220 compiling issues and AK4X to keep me always in good mood and at the end to Turhovach to show his charts and settings and so making me suspicious what is behind of that and last but not least, my wife, giving me the time to get all this done. The main V3 rules: Entry: Above Coral only long, below Coral only short Price crosses cloud - both Trix cross each other and have the same color. Best and most secure trend confirmation is a cross o f the fast Trix on the zero level. Exit:Faster Trix changes color and/or touch of a known good resistance/support level. Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - -80) or a black cat that cross your screen Stop Loss: please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading. This is a Multi timeframe setup, you don’t need to change anything jumping from one TF to the other. We, the THV team proved it only on 1M and 5M. The 1M TF is only for extreme scalping and needs good FX skills !!! These are the only rules; anything else depends on your basic knowledge on FX and your feelings. New, cleaner chart with more functions and sound support, THV V3, released: Download the template and manual below (requieres the latest version of MT4 V220) The actual THV team: Doblece, MissPips, Tradewell, Gofer Pips, Special Ed, Cashmeer, SeerEye, Karun, Caveman and Cobra.
MTF Trix System and Indicators September 18, 2009 by hyiperz Sponsored Links TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security’s closing price. It was developed in the early 1980’s by Jack Hutson, an editor for Technical Analysis of Stocks and Commodities
magazine. Oscillating around a zero line, TRIX is designed to filter out stock movements that are insignificant to the larger trend of the stock. The user selects a number of periods (such as 15) with which to create the moving average, and those cycles that are shorter than that period are filtered out. The TRIX is a leading indicator and can be used to anticipate turning points in a trend through its divergence with the security price. Likewise, it is common to plot a moving average with a smaller period (such as 9) and use it as a “signal line” to anticipate where the TRIX is heading. TRIX line crossovers with its “signal line” can be used as buy/sell signals as well. Attached chart shows buy signal effective 15H00 GMT @ 16495. The 60M candle has signaled a TREND CHANGE and plays NO further part in the trade. It is a TREND INDICATOR only. You don`t trade from it , use a high or low, in fact the job is done. Now you move to 15M and 5M charts to find your entry
MTF Trix System and Indicators September 18, 2009 by hyiperz Sponsored Links TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security’s closing price. It was developed in the early 1980’s by Jack Hutson, an editor for Technical Analysis of Stocks and Commodities magazine. Oscillating around a zero line, TRIX is designed to filter out stock movements that are insignificant to the larger trend of the stock. The user selects a number of periods (such as 15)
with which to create the moving average, and those cycles that are shorter than that period are filtered out. The TRIX is a leading indicator and can be used to anticipate turning points in a trend through its divergence with the security price. Likewise, it is common to plot a moving average with a smaller period (such as 9) and use it as a “signal line” to anticipate where the TRIX is heading. TRIX line crossovers with its “signal line” can be used as buy/sell signals as well. Attached chart shows buy signal effective 15H00 GMT @ 16495. The 60M candle has signaled a TREND CHANGE and plays NO further part in the trade. It is a TREND INDICATOR only. You don`t trade from it , use a high or low, in fact the job is done. Now you move to 15M and 5M charts to find your entry.
trix mtf trading system 1 We are now on 15M chart to confirm that we have a valid buy signal. We LSD……look…see…decide WE see a BUY signal. Part 2 of the puzzle is completed. 60M long 15M long Now leave the 15M alone, it has done its job. We are moving to 5M chart next.
MTF Trix System and Indicators September 18, 2009 by hyiperz Sponsored Links
TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security’s closing price. It was developed in the early 1980’s by Jack Hutson, an editor for Technical Analysis of Stocks and Commodities magazine. Oscillating around a zero line, TRIX is designed to filter out stock movements that are insignificant to the larger trend of the stock. The user selects a number of periods (such as 15) with which to create the moving average, and those cycles that are shorter than that period are filtered out. The TRIX is a leading indicator and can be used to anticipate turning points in a trend through its divergence with the security price. Likewise, it is common to plot a moving average with a smaller period (such as 9) and use it as a “signal line” to anticipate where the TRIX is heading. TRIX line crossovers with its “signal line” can be used as buy/sell signals as well. Attached chart shows buy signal effective 15H00 GMT @ 16495. The 60M candle has signaled a TREND CHANGE and plays NO further part in the trade. It is a TREND INDICATOR only. You don`t trade from it , use a high or low, in fact the job is done. Now you move to 15M and 5M charts to find your entry.
trix mtf trading system 1 We are now on 15M chart to confirm that we have a valid buy signal. We LSD……look…see…decide WE see a BUY signal. Part 2 of the puzzle is completed. 60M long 15M long Now leave the 15M alone, it has done its job. We are moving to 5M chart next.
trix forex trading system 2
MTF Trix System and Indicators September 18, 2009 by hyiperz Sponsored Links TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security’s closing price. It was developed in the early 1980’s by Jack Hutson, an editor for Technical Analysis of Stocks and Commodities magazine. Oscillating around a zero line, TRIX is designed to filter out stock movements that are insignificant to the larger trend of the stock. The user selects a number of periods (such as 15)
with which to create the moving average, and those cycles that are shorter than that period are filtered out. The TRIX is a leading indicator and can be used to anticipate turning points in a trend through its divergence with the security price. Likewise, it is common to plot a moving average with a smaller period (such as 9) and use it as a “signal line” to anticipate where the TRIX is heading. TRIX line crossovers with its “signal line” can be used as buy/sell signals as well. Attached chart shows buy signal effective 15H00 GMT @ 16495. The 60M candle has signaled a TREND CHANGE and plays NO further part in the trade. It is a TREND INDICATOR only. You don`t trade from it , use a high or low, in fact the job is done. Now you move to 15M and 5M charts to find your entry.
trix mtf trading system 1 We are now on 15M chart to confirm that we have a valid buy signal. We LSD……look…see…decide WE see a BUY signal. Part 2 of the puzzle is completed. 60M long 15M long Now leave the 15M alone, it has done its job. We are moving to 5M chart next.
trix forex trading system 2 WE are now on the 5M chart. We are looking for an entry point….on this chart…not on 60M or 15M chart, their job is done. What do we see….. 1) Valid buy signal YES…NO Right at the blue line
YES….we have a buy signal.. So we have 60M long 15M long 5M long …we take the trade …Right??? Wrong! Look at the price 16495…. I said: Don`t take a trade right at a big number…..you may find that you trade a nasty bounce Big number is 16500 ..only 5 pips away. Please look for yourself what would have happe ned if you took the trade there…..nasty bounce..25 pips The price bounces back and we have another buy signal. The signal candle forms a high ( white line) @ 16505 just above the BIG NUMBER. We take the trade on the break of the high (green line)
