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Here is a simple system using famous worthless indicators like Semafor/Super Signals/Zigzags of all kinds....
Find attached:
1. a.gif -How it looks...( notice the simplicity...so much space to breathe
freely)
2. Easy Expert Advisor..(place in Experts folder for new bees)
3. Semafor Indic...(place in indicator folders if it's not already there)
4. My humble ZZ-top template...(place it in templates folder)
__________________________________________________ _____________
1. Time frame: 5 minutes.
2. Wait til Semafor signal appears.
3. Place a TRENDLINE according to signal (RED-direction Up, GREEN
direction Down)...
4. Right click on trendline, name it BS-after Green signal or SS-after Red
signal.
5. Once trendline is hit...EASY will place an order for you.
6. Adjust Stop Loss line & Take Profit line.
7. Take 2 points & exit.
8. Once you are comfortable with trading the system..play with adjusting
trendlines of SL & TP...perhaps to make more pips.
I believe the point of the system I presented is...to disregard indicators (except for the Semafor...which will repaint few times til the trade will be triggered)...and enter and exit trades...based on the price action only...price action will trigger beginning of the trade...and an end of it...
"I have yet to see trendline that haven't been broken"
B. Hussein O'bama
Attached is Trendlinesday indic...just click on the trendlines it makes and rename them BS for buy and SS for sell...those trendlines get broken consistently...presenting opportunities for effortless profit
.
Linear Mode
