Strategies, Systems & Indicators

[Edward]

I am planning to post few successful systems and indicators here and I also welcome people to share their systems and strategies.

All new comers, you can request any indis that you might like to have. I'll give you if I have it.

Request people to comment in the thread and keep it alive. I have seen many good threads losing steam and disappearing because of non participation from the people for whom it was started in the first place.

So to help us to help you, and keep this thread alive.

The kind of systems that I plan to post here depends on the kind of enthusiasm I get from you guys.

................................................................................................................................
Edited on 30th June _
--------------------------------------------------------------------------------------------

Would like to call the system 'The Lazy boy' system.... as it's the easiest way of forex trading and that too successfully....

Download 'THE LAZY BOY SYSTEM OF FOREX TRADING' http://www.forexkhan.com/Free_Forex_Tools/Forexkhan_Traderji_V1.4.rar

Happy trading.... and those guys who don't contribute to the forum and members, next time you will not get the extension..... so start posting and start helping others... Lazy boy is the first generation of systems that i have.... if we can help each other and make this forum a happening one... I will post great systems, here...

There is this Signal bar indicator, the password is 'free_at_tsd' , without the inverted commas it's a good one, I will explain later.. got to go now...

Please download it again, as I had forgotten to add few things... as on 2nd July....
-------------------------------------------------------------------------------------------------
Updated on 16th July:
The overwhelming response to the Lazy boy system is gradually evolving it further from strength to strength. Some of the users felt, that there is a need to reduce the good trades that the ADX is filtering out, even though ADX helps us in reducing the false signals by 80%, it was also loosing few good signals.. and to correct that we have tweaked the ADX further, which surely reduces the misses of good trade by 60-70%....

We have made an installer for the ease of many, and this installer installs the Lazy boy system in all instances of Metatrader in your PC. As this is an exe file we are having few trouble in the downloading... I have also posted the 4shared direct link in the recent posts.... another option is to send a mail to updates(at)forexkhan.com and get the server link in it, it's an autoresponder directing you to the link, so don't write anything in the body, as nobody will read it.

Once you download the exe file, you just need to install it as any other program by double clicking... next.. i agree...next... next... finish... that' all...
You will have lazy boy installed in all the instances of metatrader in your pc... This system is free for all the members of Traderji... so thank traderji and enjoy...
Feel free to ask any questions as it might come to your mind... no question is stupid, only answers are stupid in this world
-----------------------------------------------------------------------------------------------------------------------
Important Posts (Compiled by Sunny : Thanks a ton brother)
Installation & Using the Lazy Boy system of Forex Trading...

http://www.traderji.com/forex/41793-strategies-systems-indicators.html#post443706
http://www.traderji.com/forex/41793-strategies-systems-indicators.html#post443719
http://www.traderji.com/forex/41793-strategies-systems-indicators.html#post443738
http://www.traderji.com/forex/41793-strategies-systems-indicators-2.html#post443877
http://www.traderji.com/forex/41793-strategies-systems-indicators-5.html#post449632
http://www.traderji.com/forex/41793-strategies-systems-indicators-6.html#post450619
http://www.traderji.com/forex/41793-strategies-systems-indicators-8.html#post451237
http://www.traderji.com/forex/41793-strategies-systems-indicators-13.html#post452815
http://www.traderji.com/forex/41793-strategies-systems-indicators-14.html#post453608 (download link includes)
http://www.traderji.com/forex/41793-strategies-systems-indicators-16.html#post453927


Entries and Exits
http://www.traderji.com/forex/41793-strategies-systems-indicators.html#post443759
http://www.traderji.com/forex/41793-strategies-systems-indicators-2.html#post443774
http://www.traderji.com/forex/41793-strategies-systems-indicators-2.html#post443793

What TF to trade ?
http://www.traderji.com/forex/41793-strategies-systems-indicators.html#post443762
http://www.traderji.com/forex/41793-strategies-systems-indicators-4.html#post449171

On what time to trade this ?
http://www.traderji.com/forex/41793-strategies-systems-indicators-2.html#post444595


Can We trade Nifty with this?
http://www.traderji.com/forex/41793-strategies-systems-indicators-2.html#post444277

Chart By Edward
http://www.traderji.com/forex/41793-strategies-systems-indicators-2.html#post443897
http://www.traderji.com/forex/41793-strategies-systems-indicators-3.html#post447044
http://www.traderji.com/forex/41793-strategies-systems-indicators-3.html#post447046
http://www.traderji.com/forex/41793-strategies-systems-indicators-5.html#post449995
http://www.traderji.com/forex/41793-strategies-systems-indicators-14.html#post453541
http://www.traderji.com/forex/41793-strategies-systems-indicators-14.html#post453679

M5 TF Charts
http://www.traderji.com/forex/41793-strategies-systems-indicators-12.html#post452701
http://www.traderji.com/forex/41793-strategies-systems-indicators-13.html#post452803 (comments by Raghavacc)


M15 TF Charts
http://www.traderji.com/forex/41793-strategies-systems-indicators-8.html#post451318
http://www.traderji.com/forex/41793-strategies-systems-indicators-8.html#post451569
http://www.traderji.com/forex/41793-strategies-systems-indicators-12.html#post452558
http://www.traderji.com/forex/41793-strategies-systems-indicators-13.html#post453389
http://www.traderji.com/forex/41793-strategies-systems-indicators-15.html#post453695

Using TF effectively
http://www.traderji.com/forex/41793-strategies-systems-indicators-12.html#post452667
http://www.traderji.com/forex/41793-strategies-systems-indicators-13.html#post453355
http://www.traderji.com/forex/41793-strategies-systems-indicators-13.html#post453361
http://www.traderji.com/forex/41793-strategies-systems-indicators-14.html#post453514

About MT4
http://www.traderji.com/forex/41793-strategies-systems-indicators.html#post443753
http://www.traderji.com/forex/41793-strategies-systems-indicators-13.html#post452817 (MT4 shortcut)

Quiries about system
http://www.traderji.com/forex/41793-strategies-systems-indicators-3.html#post447035

Stats of trades backtest ( some tested in demo) By Sunny1
http://www.traderji.com/forex/41793-strategies-systems-indicators-10.html#post451947
http://www.traderji.com/forex/41793-strategies-systems-indicators-10.html#post451956 ( comments by Edward)
http://www.traderji.com/forex/41793-strategies-systems-indicators-10.html#post451984
http://www.traderji.com/forex/41793-strategies-systems-indicators-10.html#post451986 (comments by Edward)

Isn't that a hard work for the benefit of new comers by Sunny, a big round of applause for him... thanks buddy, may profits be with you always

 

[Rkji]

hi edward

good to see you here. i believe i have read couple of your strategies somewhere maybe at forexstrategiesrevealed..

looking forward to your work :thumb:


regards
rishi

 

[rkkarnani]

I am planning to post few successful systems and indicators here and I also welcome people to share their systems and strategies.

All new comers, you can request any indis that you might like to have. I'll give you if I have it.

Request people to comment in the thread and keep it alive. I have seen many good threads losing steam and disappearing because of non participation from the people for whom it was started in the first place.

So to help us to help you, and keep this thread alive.

The kind of systems that I plan to post here depends on the kind of enthusiasm I get from you guys.

On which Software/Softwares would your Trading System and Indicator be based?
Would be helpful if the parameters are also specified so as to help users of other softwares to try to incorporate the same for their use.
All the best!!!
ps.: Taking cue from Rishi's post above I visted a few sites and found that you give quiet a lot of 'quality' time to help others....

 

[Raghavacc]

I am planning to post few successful systems and indicators here and I also welcome people to share their systems and strategies.

All new comers, you can request any indis that you might like to have. I'll give you if I have it.

Request people to comment in the thread and keep it alive. I have seen many good threads losing steam and disappearing because of non participation from the people for whom it was started in the first place.

So to help us to help you, and keep this thread alive.

The kind of systems that I plan to post here depends on the kind of enthusiasm I get from you guys.

Hi Edward,

99% of the people just live for themselves. Its great to see that you are in the club of that 1% category who live for others.

Great initiative .Pls carry on.

Regards
Raghav

 

[sumitdasjoshi]

looking for you system wating egerly thanks hope to see this soon.

 

[Edward]

The Easiest Forex Trading system :

Hello All,

Download the indicators and the template from the link given below.
You have two links .... 1 is a special indicator that you will need to download , copy it and paste it in the following way...
My computers > C Drive > Program files > Your Metatrader folder > experts > indicators

Link 2 goes like these >>>

My computers > C Drive > Program files > Your Metatrader folder > templates
paste it in the template folder...

Close your metatrader and restart it again.....

Right click > template > Forexkhan1

Now we are ready to go.... there are only two conditions to lookout for... simple... but very essential conditions to make profit.....

You will now have 2 different sections... the Lower section has ADX.... I have removed everything else... from ADX and you only have two lines... A blue line and a red line.....

In the candles area... you have three lines
1. a green line which is the 50 ma line.
2. Yellow line - Ed's Moving Average, this is a modified moving average....
3. Red line

This is an old link, go to the first post and download from there the rar file and follow this process
1. Link for Indicator
2. Link for Template

If you are downloading this .... just put a thanks to this post so that we will know how many people are downloading this.... and can study the results.... Hope you will help us in keeping a tab... thanks in advance

The setup in the next post.....

 

[Edward]

Easy 123 System - setup

This is a crossover method:
To make it easy for the beginners, I will give only two setup conditions... as you understand the system and have questions for typical situations we will discuss. them...

This is the first generation system for me... this was the first system that gave me consistent results.... Now I use and teach a completely different system,...


What to expect:

1. This is not a holy grail system
2. Gives an accuracy of 70-75 %

The setup : 30 min Time Frame - EURO JPY

1. The first thing to see is the lower window.... If the blue line is below the red line.... "WE WILL NOT TAKE A NEW POSITION, IF WE ARE IN TRADE ALREADY... NO ISSUES... BUT WE WILL STAY AWAY FROM THE MARKET TILL THE BLUE LINE IS ABOVE THE RED LINE"

This is adx, if the blue line is above the red that means the market has some momentum..... if the below,... you will see the market is more or less directionless.... sometimes you might miss a good opportunity because of this filter.... but more often than not... its a life saver.....


2. Look out for a fresh Crossover of the Yellow line and the Red line in the candles area....
a) If the yellow crosses the red and goes "upwards" that means the prices are in the mood to go upward
b) If the yellow crosses the red and goes "downwards" that means the prices are in the mood to go downwards...

"the crossover should be from the previous closed candle (the second candle from the right)..... it should not be from the running candle... as the running candle can turn into opposite direction and you will not see any crossover when that happens...

So we need a crossover that is from a closed candle and not from a running candle...... ( I know some will have an issue understanding this; we will tackle it later as and when it arises)

3. The candle that gave us the crossover is our TRigger candle....

a) if the crossover is upward i.e the yellow crosses the red and goes up... we are ready to go Long (BUY)...
Add 3 pips to the HIGH OF THE TRIGGER candle... i.e. the closed candle that gave us the fresh crossover.... this is where we buy....

3 pips above the high of the candle that gave us a crossover.....

b) if the crossover is downwards i.e the yellow crosses the red and goes down.... we are ready to go short (SELL)
substract 3 pips to the low of the trigger candle...i.e the closed candle that gave us the fresh crossover.... this where we sell...

3 pips below the low of the candle that gave us a crossover....


In a day, you will have 4-5 crossovers.....

2 or 3 will be 10 - 20 pips in profit... 1-2 will be 50 - 60 pips in profit.... but which ones will be the bigger ones... its easy and hard at the same time to know which ones to trade longer....

If we are trading EURO JPY.... its commonsense to know that when both the markets are open... that's the phase that will give you bigger trends.... when at least one is open that's when you get moderate to big trends.... when non is open thats when you get smaller trends....

Now install the temp and bring on the questions...

Happy trading....

PS>> the one who gives me 20 consecutive Positive trades from this method, will get a Trade Management ROBOT fine tuned for this system as a gift....

Regards
Ed

 

[rkkarnani]

Re: Easy 123 System - setup

This is a crossover method:
To make it easy for the beginners, I will give only two setup conditions... as you understand the system and have questions for typical situations we will discuss. them...

This is the first generation system for me... this was the first system that gave me consistent results.... Now I use and teach a completely different system,...


What to expect:

1. This is not a holy grail system
2. Gives an accuracy of 70-75 %

The setup : 30 min Time Frame - EURO JPY

1. The first thing to see is the lower window.... If the blue line is below the red line.... "WE WILL NOT TAKE A NEW POSITION, IF WE ARE IN TRADE ALREADY... NO ISSUES... BUT WE WILL STAY AWAY FROM THE MARKET TILL THE BLUE LINE IS ABOVE THE RED LINE"

This is adx, if the blue line is above the red that means the market has some momentum..... if the below,... you will see the market is more or less directionless.... sometimes you might miss a good opportunity because of this filter.... but more often than not... its a life saver.....


2. Look out for a fresh Crossover of the Yellow line and the Red line in the candles area....
a) If the yellow crosses the red and goes "upwards" that means the prices are in the mood to go upward
b) If the yellow crosses the red and goes "downwards" that means the prices are in the mood to go downwards...

"the crossover should be from the previous closed candle (the second candle from the right)..... it should not be from the running candle... as the running candle can turn into opposite direction and you will not see any crossover when that happens...

So we need a crossover that is from a closed candle and not from a running candle...... ( I know some will have an issue understanding this; we will tackle it later as and when it arises)

3. The candle that gave us the crossover is our TRigger candle....

a) if the crossover is upward i.e the yellow crosses the red and goes up... we are ready to go Long (BUY)...
Add 3 pips to the HIGH OF THE TRIGGER candle... i.e. the closed candle that gave us the fresh crossover.... this is where we buy....

3 pips above the high of the candle that gave us a crossover.....

b) if the crossover is downwards i.e the yellow crosses the red and goes down.... we are ready to go short (SELL)
substract 3 pips to the low of the trigger candle...i.e the closed candle that gave us the fresh crossover.... this where we sell...

3 pips below the low of the candle that gave us a crossover....


In a day, you will have 4-5 crossovers.....

2 or 3 will be 10 - 20 pips in profit... 1-2 will be 50 - 60 pips in profit.... but which ones will be the bigger ones... its easy and hard at the same time to know which ones to trade longer....

If we are trading EURO JPY.... its commonsense to know that when both the markets are open... that's the phase that will give you bigger trends.... when at least one is open that's when you get moderate to big trends.... when non is open thats when you get smaller trends....

Now install the temp and bring on the questions...

Happy trading....

PS>> the one who gives me 20 consecutive Positive trades from this method, will get a Trade Management ROBOT fine tuned for this system as a gift....

Regards
Ed

Where is the SL at entry? Do we trail the SL?

 

[Edward]

Trigger canldes low minus 3 pips Stop loss for Long
And Trigger candles high plus 3 pips stop loss for short....

Have you installed the template.... IF yes
did you see that just now... we had a good 38 pip profitable signal on Euro JPY.... I made 10 pips in it....

Happy trading

 

[rkkarnani]

Trigger canldes low minus 3 pips Stop loss for Long
And Trigger candles high plus 3 pips stop loss for short....

Have you installed the template.... IF yes
did you see that just now... we had a good 38 pip profitable signal on Euro JPY.... I made 10 pips in it....

Happy trading

Thanks Ed, do we just exit the trade when it hits the SL , it not SAR, i.e its not Stop and reverse... we simply exit our position and wait for a fresh signal to either go long or short, we do not reverse.

No I have not installed!! Dont have metatrader , downloading the same!!