Wow this strategy is full of indicators. Some that I see are not needed. Unless you like slowing down your computer. Semafora is redraws itself, not repaints ( since there is no error in the code). But the Semafora is just used as a confirmation. CCI i hope you know doesnt redraw since it is a well know indicator.
This is my system I'd like to introduce to you all. I've traded it for many months with very nice results. The "rules" are simple, there're nothing new here, based on CCI (89), CCI (270) and some other tools. Using these tools, I would like to say thanks to the authors of them.
1. CCI (270) > 0
2. CCI (89) <= -100
3. Sema4x signal appeared
4. ASCsignal appeared
1. CCI (270) < 0
2. CCI (89) >= 100
I don't trade anything smaller than M15, stop-loss 100 pips and TP about 20 - 30 pips or exit when an opposite Sema4x signal appears.
Just give it a try. I hope you will not be disappointed.
THANks for sharing, basically, that's my trading strategy, except CCI, i use thv trix call for safer entry, and iMAXlines for exits
i trade in5m chat as well, just take profit 15<.and u will always win
thanks a lot for sharing will give it a shot. cheers.
can u say fully explaining what indicators u use when trading with 5M TF.
Thanks to share your trading method with us. I am going to use it and hope, this method will well work for me as well.
I won't set SL100
i am going to try this out..
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