MySIMPLE trading system - Forex-TSD

masemus · #1 (**permalink**) 01-05-2008, 02:20 AM

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New IDEA in MySiMPLE trading system :
Scalp with RSI on Major Pairs
:: indicator : +JoGET_MultiPairs+ ::
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Hi,

this is MySIMPLE Trading System,
thanks to administrator and all master, I used your great indicators.

--------HOW TO USE IT?--------
use for ALL pairs in ALL Time Frame
it's simple, just feel Free to use and decide your trade
always look at the three different time frame ( 3 TF )
my best TF is M5 ( M1;M5;M15 )

--------Before you decide to Open Position Trade ( buy / sell )--------
if you use this system at the first time -- just look at the back test, and watch forward at least 4 hours to see what this system doing.
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Goodluck 'n Happy trading!

masemus · #2 (**permalink**) 01-05-2008, 03:07 AM

Less is More!

richest · #3 (**permalink**) 01-05-2008, 05:29 AM

a picture worth 1000 words but sometimes it take words to describe a picture, so please explain the details

masemus · #4 (**permalink**) 01-05-2008, 01:30 PM

--------How do I use this system--------take a look at the TF D1; H4; H1; M30; to see the TREND,
and use 3 TF ( M1;M5;M15 ) – M5 as a main TF.
main indicator in this system is T3MA
T3MA 5; 7; 9; 11; 13 ( blue ) – confirmation area that the direction will change or not – also used as exit area.
T3MA 15; 17; 19 ( green ) – OP trade area.
T3MA 21; 23; 25; 27; 29 ( red ) – barrier area also used as a trend.

OP trade ( buy ) if clear closed candle in green area in TF M5 – also check in TF M1 that the candle ( price ) is go UP ready.
OP trade ( sell ) if clear closed candle in green area in TF M5 – also check in TF M1 that the candle ( price ) is go DOWN ready.

-----Or-----
OP trade ( buy / sell ) if T3MA 5 cross T3MA 13
SL if the clear closed candle cross back on T3MA 13
Exit if T3MA 5 cross T3MA 9

Ok – try it!
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Goodluck 'n Happy trading!
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