Hi All! sorry for my english,i have a system that i mixed from couple indicators,need your opinion and woud be nice that someone test it.
pair:GBP/USD 5min/30min. (optionaly)
enter a trade- (long/short) laguerre crosses 0.25 up,0.75 down open a posision only when a SECOND CANDLE AFTER SIGNAL is came up (a clock atached)and the signal line is still upper 0.25 If entering long pos. the candle must be above SSL line and heiken ashi is green.
close when TP is Reached or (if) reverse signal came up,then close current and open a reversal position. Also close position emydiatly if for example : bull signal came up,candle above SSL Heiken ashi green youv opened position, butt laguerre signal cross 0.5 level,after that returns back lover 0.5.THEN CLOSE AND WAIT FOR ANOTHER SIGNAL. signals are only LONG if laguerre crosses 0.25 up,and Go Short when 0.75 going down.
must be 70-100 pips a day......
Maximux 2 signals a day,50-100 pips +
Sorry Wrong tread,ADMIN pls move to "trading SYSTems"
Seems OKAY, like any other trading system... the main test, is BACKtest. Program it and run it in several currencies for 2 years. If it profits, you've got yourself a system.