SkyStriker's System

[Deutsche]

So...I've tried 10 mln indicators and systems...

Some of them work,but they are just too complicated.

Now I have cut down all my indis to a few.

But as you can see it is as simple as possible.

Here is the template and the indis.

PS I am working on an EA.

If you can help to improve the system I will be glad to see your point.

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LONG Entry

1. Trend Envelopes arrow

2. Dinapoli Detrend Oscillator < 0.005

if Dinapoli Detrend Oscillator = 0.005 wait for a retrace to 0

when it hits the ~0 then open the order

3. Candle Open to Close < ~50pips

LONG Exit

1. New Trend Envelopes arrow

OR

2. Dinapoli Detrend Oscillator >= 0.005

SHORT Entry

1. Trend Envelopes arrow

2. Dinapoli Detrend Oscillator > -0.005

if Dinapoli Detrend Oscillator = -0.005 wait for a retrace to 0

when it hits the ~0 then open the order

3. Candle Open to Close < ~50pips

SHORT Exit

1. New Trend Envelopes arrow

OR

2. Dinapoli Detrend Oscillator <= -0.005

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So...You wait for a new arrow from Trend Envelopes and the Dinapoli Detrend to be -0.005(short)

IF the = 0.005/-0.005 wait for a retrace to 0 and when it hits the ~0 then open the order.

Candle have to be no more than ~50pips from Open to Close

I say ~50 because I think that every candle that is more than 50 pips is just too risky.

So you have two exit trade indicators a new trend envelopes arrow or dinapoli local extremum(0.005/-0.005)

AND YOU ALWAYS WAIT FOR THE CANDLE TO CLOSE WITH AN ARROW

The indicator "Sessions" is used to see the end of the EU or the end of the US session,because then is more likely for an extremum to appear.

Moving Average Dinamic Envelope give more info about the price extremum.

[[Deleted]]

Hi, Deutsche,

Try my Market Session Indicator.

[[Deleted]]

Hi, xx3xxx,

Doesn't work?

What do you mean?

Anyone encounter the same problem?

It's very ok on my side.

[xx3xxx]

probably you write it yourself - the horizontal session indicator

could you

combine with other indicator (control-N) drag other to the same window to tell when is the V-shape in SINGLE session occur, --- usually , it is either straight line or V-shap in any ONE SESSION

-- foot note -- your indicator does not work at all in its default settings

I drag it to the chart or subwindow -- it is empty , nothing shown, MQ4, correct ?!