Hi kang-gun,

what stop loss (if any) do you use? And what about losing trades, as it looks like now you only have winners?

BTW, yesterday I entered gj short in the end of the session and bagged
70p Nice system indeed

Bro, first you have to look all condition in a big view.. use Major wave as your base to start your analysis before you OP your position. As I said before just think this system as a sea wave... Major wave is the big wave (means that the price movement will have same direction with this wave) and Minor Wave is fractions wave from Major wave, and Micro Wave is fractions wave from Minor wave and Trigger Wave is fractions from Micro wave.

So, let's say when you saw Major Wave is going up... to open your position just wait until Trigger & Micro give you a red bar and OP your position when they change to blue...

Try it first... there are an important lesson that only can you get when you did it.. Imagine you see the series bar as a sea wave in the ocean...


Thanks,
KG

70p.. wow ur rock man !! I'm glad if this system works for you and give you a profit (that's really make me happy)

SL... good questions, first take a look to ur chart again. Did you see yellow, green, blue and red dot? Those are Support & Resistance use that to set ur SL. I hope you understant how to use SR as your SL or TP. Hokeh, just do a search in this site(forex-tsd) there is a good thread which explain very clearly about SR and how to use it in your trading... read it bro. This site have tons knowledge about forex worlds, do search read it... and read it

Losing trades? Offcourse sometime i get loss too.. hei.. this is not a "Holy Grail" and SL safe my trade. OK, sometimes i'll post when i have a wrong OP and give me red pips.. and we will learn how to recover it .. nice, thanks..... you give me an idea to continue this thread...........

KG

Hi All,

This is really cool.... i'm just do a little change how to set up the sea wave system on my chart and buum... now everything looks easy to read the sea wave.. . Remember, what will happened on the Major Wave is starting from the Trigger Wave.


KG
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"KD, my Master teach me to always think out of box".
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Attached Images

new perspective.gif (26.2 KB, 737 views)

Attached Files

kg sea wave system v.1 wma 62.tpl (6.3 KB, 310 views)

Rememmber, you should not speell 'u' in "gun" like "antiaircraft GUN" but 'ou' like "milliOUnaire" :-)

Here is what u can do to filter the begining and the end of major wave.. just use stochastic and set it to 62-2-2 (LWMA and High/Low price).. good luck
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KG

Attached Images

new set up with stoch.gif (31.3 KB, 714 views)

Good System !!!
But could you give us the *.mq4 files??

I'm so sorry, i couldn't. sorry...

KG

It's OK, Mr. KG...
This system seems great, I will try it this monday.
Thanks for sharing with us.

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Thank you, i really appreciate that

KG