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Originally Posted by kamyar
thanks for your effort.i have some questions
1.what is the stochastic indicator duty in your system?
2.we should get bt1signal first and the bt2signal then or it can be in any sort?
3.what is exactly the filled zones.i think you mean we should not trade in the zones.ok?
thanks
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Stochastic is showing us uptrend or downtrend. But I did not see any right signal which was filtered by Stochastic. I am using it just to secure myself against something.
As to the signals so it may be any signals to be first. I tried to see everything how it was developed on the history.
I may say it in more simple way:
Buy.
BT2sig buy together with BT1sig buy
or BT1Stop buy on the same closed bar.
OR
BT1sig buy together with BT2sig buy or BT2Stop buy on the same closed bar.
This uptrend should be confirmed by Stochastic (on the same closed bar) and by I-XO (on the same closed bar or just wait one closed bar more for the confirmation).
Sell.
BT2sig sell together with BT1sig sell
or BT1Stop sell on the same closed bar.
OR
BT1sig sell together with BT2sig sell or BT2Stop sell on the same closed bar.
This downtrend should be confirmed by Stochastic (on the same closed bar) and by I-XO (on the same closed bar or just wait one closed bar more for the confirmation).
Exit on SAR.
All the settings of SAR etc you may see if you use template. Download all the indicators in /indicator folder, compile the indicator using MetaEditor (or just wait intil MetaTrader will compile it automatically), place template file in /template folder, open MetaTrader, open M30 chart, right mouse click on the chart, select "Template", select our BT template. And all the settings will be adjusted automatically (except width of the lined on the chart but you may change the width from zero to 1 for example).
Sometimes I use EMA 34 but just to estimate reversal. It makes me busy during the waiting for the signals.
As to zones so it is my zones. People can not trade manually 24 hours per day. My time is Alpari time server plus 1. So if 8 o'clock on the chart it is 9 am for me in real life. But you may have your own zones. And it should be some market opened and so on. So you may change the zones (there is indicator and everybody may select two different zones per day or one trading zone devided by two if you are having lunch for example). Zones are your working hours if you understand forex as a job.