"Betty"

[Ammo]

Here's a new manual system I'm starting to demo. I call it Betty, you gotta call it something.

Included Indicators:

LSMA In Color

Fractal Dimension

Balance / Equity (use at your option)

A template is included.

Fractal Dimension indicates trend strength. When black, non-trending, when green, trending.

Rules:

Ue 4H and 1D. 1D and 1W may work too, adjust lots accordingly using intelligent MM.

1D:

FD should be green.

All indicators should be pointing in the same direction. You should be able to figure this out.

4H:

FD should be green.

All indicators should be pointing in the same direction.

Once everything is aligned, use yellow MAs for entry and exit stops. Exit and SL are the same stop.

If you prefer a tighter stop use the high/low of the previous Heiken Ashi.

That's about it.

I've just started this myself, so you're pretty much on your own.

Any interesting discoveries or comments welcome, just try not to complicate it.

[robp]

How are you using the yellow MAs?

[Linuxser]

Please, post the stats.

Without them it's impossible to start.

[nicesurf]

Betty...where is the signal..could you pls explain where the entry point ?

[Linuxser]

Ammo:
What do you mean by "stats"?

Stats or Summary:

Date

Position Short/Long

Entry Point

Stop/Max Stop

Exit Point

Pips+ or Pips-

Summ all hypothetical trades and you could see if the strategy works.

[Ammo]

nicesurf:
Betty...where is the signal..could you pls explain where the entry point ?

Assume the daily and 4H are both in buy mode.

1. FD is green

2. LSMA is blue

3. Parabolic is beneath price

4. Heikin Ashi is bullish (white)

On the 4H chart your entry trigger is the upper MA.

An option would be to simply enter the trade on the close of the bar if it's still bullish.

The stop / exit is the lower MA or the low of the previous Heikin Ashi, depending on your preferences.

Opposite for sell.

I'm just starting this, so nothing's written in stone, these are the tentative rules.

I have one trade in profit so far.

Feel free to make suggestions, but as I said, I'd like to keep it simple.

[Ammo]

Linuxser:
Please, post the stats. Without them it's impossible to start.

What do you mean by "stats"?

If you mean the trading rules, they're elaborated in the next post.

[Ammo]

Linuxser:
Stats or Summary:

Date

Position Short/Long

Entry Point

Stop/Max Stop

Exit Point

Pips+ or Pips-

Summ all hypothetical trades and you could see if the strategy works.

There is no hypothetical testing. This is a somewhat discretionary system.

I am demo testing. The system will evolve in real time if it shows potential.

[fxmule]

ma trigger

the ma trigger is fine on H4 but what if we try to align it with a lower Time Frame... 30min for instance..

so in resume:

heiken ashi, sar and MA2 channel confirmations on both H4 and 30 min.

[fxmule]

ma channel

hi ammo,

you mentioned in your first post that you are using the yellow ma channel for entry and exit. can you detail the exit rules.

i need also to comment on the heiken ashi candles . i believe your trigger is when the price bar closes above or below the channel. with heiken ashi candles you can't be seeing the closing bar. I would suggest to code a heiken ashi indicator in a separate window and see the actual price action around the ma channel.

regards,