Forex Chaos Profitunity Trading System
Forex Chaos Profitunity Trading System:
On the chart apply following tools
Alligator – Three SMAs (13/8/5) with a future offset of 8/5/3 respactively.
Fractals – 5 bars sequence where middle one has highest High / lowest Low and its preceded and followed two bars have lower highs / higher lows
preceded by two lower highs and is followed by two lower highs
Awesome Oscillator (AO) – difference between the 34-period and 5-period simple moving averages of the bar’s midpoints (H+L)/2
Acceleration Oscillator (AC) – difference between 5/34 momentum histogram (AO) and a 5-bar simple moving average on the AO
When (Alligator) lines are opening we put a buy stop one point above the most recent fractal outside of the lines in trend direction
When (Alligator) lines are closing we are closing too.
we stay out of the market when and while lines are intertwining.
After the first fractal is taken, we take any and every signal in that direction.
Adding Entry Signals:
- we go long when AO cross zero line from negative to positive values and short on the opposite scenario.
- we go long we have 3 consecutive AO bars above zero line last two having higher highs (i.e. AO pulls back for a while)
– opposite for sell
- Go long after two consecutive bars above zero line
- Go long after three consecutive bars below zero line –
for short – reverse scenario
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Chaos Profitunity Trading System?
- Download Forex Chaos Profitunity Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Chaos Profitunity Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.