Powerful Simple Trading Strategy

[mennzz]

Hi, Traders!

Here is a simple strategy for FXCM Trading Station II.
If someone can convert the SSL indicator into MetaTrader format, then you can use this strategy on MetaTrader! (I don't know, But, Maybe MetaTrader has this indicator... I didn't check)
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Currency Pair: Any
Hour/Time of day: Any
TimeFrame: Any

Indicators:
SSL: 2
CCI: 14
MACD: 5,9,2
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You can play around with this strategy. NOTE: E-mail me at: [email protected] and ask for the SSL and Simple Trading Strategy files, (Because, It doesn't let me post it here). - You have to wait until the candle bar closes over the SSL.
........

WARNING/DISCLAIMER: This strategy was not back-tested. I hold no responsibility for any loss.

Enjoy!
-Mennzz

[psseuro]

All, for those interested in this strategy, the SSL indicator is the same as TFT and Gann Hilo indicators in MT4 platform. They are all the same under different names

[Azim166]

So what are the rules in entering the trade?

[mennzz]

So what are the rules in entering the trade?

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The candle bars has to close over the SSL, and the CCI has to cross -100 for buy or 100 for sell, and MACD has to be crossing or already crossed in the direction you want the currency to move.

For the exit signal, the first indicator to change to a sell signal from a buy signal is the exit signal.

Simple as that!

Enjoy!

[Azim166]

Thank You Mennzz

[mennzz]

Thank You Mennzz

No Problem! Any Time!

[mennzz]

Hey Traders!

Everything you need to know about this strategy, plus the download files are at this blog.

StrTrading.blogpost.com

Enjoy.

-Mennzz

[mennzz]

Hey Traders!

Everything you need to know about this strategy, plus the download files are at this blog.

StrTrading.blogpost.com

Enjoy.

-Mennzz

I'm sorry!

The blog was StrTrading.blogspot.com ,, Not, blog >post< .com

Enjoy

-Mennzz

[mennzz]

I didn't get the idea.
Could you please tell me main advantages of this strategy?
I've been using robots and short period orders before but want to grow in knowledge
Thanks in advance.

Hi,

The advantages of this strategy is, it's simple, it doesn't give lagging signals, and it filters out bad trades
most of the time, other than regular strategies. Visit: http://strtrading.blogspot.com for more information
on this strategy. (The "Powerful Simple Trading Strategy" and "SSL" files are available to download at the blog-spot posted above).

If you want to know more about trading and forex, you should go to this website: http://babypips.com/school/
and complete all the grades.

Hope I answered your questions correctly.

-Mennzz

[unholydevil]

Hi Mennz, I dono what is JECOG, may anyone know what is JECOG?
Or maybe use another indicator to replace it?
Cause i am using MT4