Advanced system #20 (Advanced Currency Trading System)
Submitted by User on August 2, 2012 - 14:32.
To fully understand this system, there are key assumptions that must be taken into account because that the system is generic.
Key assumptions:
Although the market is now functional 24hrs of the day, key trading hours for each session is about 7.5hrs as shown below:
- Frankfurt : 7am – 3.30pm
- London : 8am – 4.30pm
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Thank you for taking the time to submit your strategy.
So the basic rules of this strategy are that:
we trade in the way of the trend (weekly/ long term trend),
we trade in the 4hr chart,
our trading signals are triggered when the last candle has broken through one of the resistance/support levels
and also broken through the 10ema and has touched the 35ema.
where is the arrow?
create a DEMO trade it for a month and post it here. Good work
Hi
As you go ahead you have to try find simple strategy not something like this with so many lines and info for trading it seems you get back 20 years ago
At least, take a time to read other systems in this site
How long you allready used this trading system in live account ?
How much percentage of the profit each month ?
How much the profit factors & the drawdones from your system ?
Regards;
Manus168
too many things to do...too complex...
What part you didn't understand ? It's so clear.
I will test it soon and post what I find out.
Thank you, your strategy look's great.
i too did not understand anything. It seems he wants to drive people to his website just writing some article.
I dont understand the intention of this article here
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