Shouldn't this topic discuss the Trend Catcher

However here is a chart from the strategy, so you can see what this is all about :

On the Strategy Builder Thread post 1 the only info is that it has been closed.

Is there anywhere to get the indicators used for this system?

I think you probably need to go and find another avenue to making money, you will never ever ever find a system that does not have losing trades, if you did you would own the world.

All systems have losing trades and if you continue looking for one that doesn't you will have a very long thankless task.

he closed because someone here posted this system, i dont know what is the problem

Yes, it's a pity, i noticed that system too and now that i wanted to check the rules it's all deleted.
Has anyone copied the original rules somewhere. I would like to see them.

here it is originally Posted by Trend Catcher
Hi:



Before I go into my Trading Strategy, I would like to start out with some back ground of my trading and other useful information for readers.



First, I would like to have this forum to be positive one, no name callings or blames on anyone. All trades should take an ownership of all of their trades no matter what this strategy dictates.



I have a great system that works very well on all time frames, 5 – 15 – 30 – 1hr and/or 4 hrs. Of course, you have to adjust stops and targets accordingly to your TF of trading.



For me, I would like to use 15 min for day trading, so I can close out all the trade at the end of the day, so I won’t have any over night open positions rolled over from the day trade. I also use and 1 hour for over night to a few days’ trading setup by using this strategy.



I have been a part time trader for about 3 years and now I am trading for a living about a year. Within those years of trading, I have tried many systems like many of you out there, but this one that I am about to discuss is the winner for me. I have been trading this system about 3 month now. This strategy produced many pips for me and over 85% of the time, I noticed that I am at the right side of the market.

I named this strategy, Trend_Catcher.





The reason I want to share this with you all isn’t just being nice or I don’t have anything better to do than start some forum to create any buzz. Matter of fact, my reason is selfish one. I want everyone out there, who is good at programming, so I can see the signals at glance, or possibly some kind of alert l at glance rather than glued to the monitor.

By sharing this, we both can gain in return.



So, let’s begin.



Indicators used:

These indicators are either Standard Indicators from your broker or most of them are available on SBFX forum.


* BB 20/2
* Starc Band: MA/13, ATR/21, KATR/2.0
* RSI (21) 30-50-70 line.
* Basic Trend Line – connect lower lows and higher highs
* Fib PP – I like to use Fib PP rather than Reg. PP because it is driven by the price of previous support and resistance. Where as reg. PP, you need to have different time setting and this cause me so much confusion since I am on CST, my broker uses GMT-00 and Charting software shows GMT-02.





Put BB and Starc on the price chart and draw the trendline

And the rest of the indicators underneath.





All entries are consider only and when BB was inside of Starc and breaks away from Starc Band. This is import because we are looking for entries for trend breakout from a ranging period. The longer and narrower BB was stayed inside of Starc, the bigger the gain.



** Take Short Entry

* When BB is coming out of Starc Band from upside,
* And RSI under 50
* And Immediate Trend is down, then take Short trade.

(Note:

1) At the top, when this breakout occurred, you’ll see normally Starc and BB should be moving a part from each other at the top. And at the bottom, Starc and BB is moving together; On top of each other or close together and both heading south)

2) Signal candle has to be closed before take a positon





** Take Long Entry

· When BB is coming out of Starc Band at the bottom,

· And RSI over 50

· And Immediate Trend is up, then take LONG trade.

(Note:

1) At the bottom, when this breakout occurred, you’ll see Starc and BB should be moving a part and at the bottom. And at the top, Starc and BB is moving together. On top of each other or close together and heading north)

2) Signal candle has to be closed before take a positon



** Initial StopLoss

Previous Resistance/Support from the signal candle +/- (3 to5 pips ** depends on your brokers’ spread) above or below.



** Exit

Up to each trader. I take multiple lots and after 30 pips, I close 1 lot out, then, move my stoploss to Breakeven point. The Balance of 2 lots, I adjust my stops as it moves above Fib Pivot Point.

I stay on as long as Starc band is heading a direction of your trade.

I look to exit when BB is starting to curle up/down and narrowing the gap.

I look to exit when RSI is above/below 70/30 area. (depends on your position)



What I am hoping to get from this forum…

1) Mq4 files that give out signal and Sound Alert.

Signal can be dots, arrow, etc.. And give Sound Alert at the closing of the signal bar.

2) Show dots, lines, etc..On the chart where stop should be depends on Long or Short Entry.



I am sure I maybe left thing out. If I can remember, I will post it again. If anyone has any questions, please feel free to do so here.

here is the Starc Band indicator if someone needs it:

Attached Files

STARC Bands1.mq4 (2.4 KB, 437 views)

Thank you very much, Cheeta! That's exactly what i was looking for
Thanks

Thanks Pip Trip for posting the Starc Bands indicator. It seems that the Trend Catcher thread has been removed from SBFX? Does anybody have the RSI TC indicator.

Here you are....

Doubletop

Attached Files

RSI-TC.mq4 (5.4 KB, 516 views)