Thread: ASCTrend system
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Old 06-24-2006, 02:07 PM
newdigital newdigital is offline
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It is not catfx system.
It is asctrend system.

You may see from the image about filters and signals to enter.
And we may have several exits:
1. on yellow (close) bar of NonLagMA small;
2. on Fibo-Pivot; or
3. on yellow bar of NonLagMA big.
4. on AbsoluteStrengh indicator.

The 1st one is just few pips.

The second (exit on Fibo-Pivot is not very good as well. I tried it (see the statement on some posts above). The problem with this item #2 is that we never know that the price will move to the next step (from middle pivot line to R1 and next step to R2 and so on).

The 3rd one is more good. I tried. It is possible to have a lot of pips using exit #3 because we may open as many orders as we have asctrend signals filtered by RSIFilter and NonLagMA big indicators and close all the orders on yellow (close or 1st) bar of NonLagMA big.

The exit on AbsoluteStrengh is almost the same with item #1.

As to stop loss so it may be Fibo-Pivot.

But I think we do not need this Fibo-Pivit indicator in this system. Just for orientation during the price movement.
Attached Images
File Type: gif asctrend.gif (32.3 KB, 950 views)
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