My simple 20 pips.

 

Hello !

There is my repies.

GBP/USD 30 min. ONLY

I dont trade an other pairs. If you make experience whit an other please post you setup an your results.

Maby you can help an other trader ??

StepMA 7

Force Index 13

1 - First signal enter on the next candel for 20 pips whit S/L of 50 pips.

2 - Second signal is false (not in accordance of the FI)

3 - Thirth signal the Force Index come back in neutral . After if is smaller than .003 go short on the next candel for 20 pips whit S/L of 50 pips.

4 - If you get an other signal on StepMA on the same side of the FI Short for 100 pips whit S/L of 50 pips.

If you get the same signal for 100 pips, when you reach 50 pips move your stop to ZERO.

Nerver forget your money management !!!

Im happy to help you if you send me a screen of your trade.

Files : PT_M30.ZIP = Indicators + Template

Files : PT_M30_V_1.2_avril.ZIP = Money Management Excel

Frendly PipeTrader.

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June 17 2009.

I make a new version of my FI

This FI plot a flag on the screen when you have a signal on Force Index.

When you open or changing time frame they put a FALSE flag. You have just to delete.

When a flag arrive check the step_MA and go on trade.

The EA in this zip file is an EA to manage your trades.

Dont ask me where I get .. I dont remember and I have just the ex4 file.

Its set for trading whit AlpariUK. If you trade whit a 4 digits broker just remove one zero in steup.

Trade only in the green box. 7 to 19 AlapariUK time.

Have a good trades !!!

 

hi

Can u post ur Template and indicator ?

 

My template

Hello raheel23 !

1 - Force Index is an indicator in MT 4.

2 - I send my StepMA whit Email.

3 - An my Template.

Best regard.

PipeTrader.

Files:
 

how long have you been using this strategy? also what is the winning ratio with these signals if you have any stats it will be really helpful. thanks for the method, will give it a try.

thanks for sharing

PipeTrader:
Hello raheel23 !

1 - Force Index is an indicator in MT 4.

2 - I send my StepMA whit Email.

3 - An my Template.

Best regard.

PipeTrader.
 

looks nice, willl try out

 

Result.

Thants not for long I use this system. (6 months). Real account.

Before thant I lost money.

For my 6 months whit this system I have 80% winning trades.

I put a stop lost at 50 pips. But if I am there an somting go wrong I stop immediatly.

Some times I go out at 0. Some times I lost 20 or 30 pips.

If Im not there I lost 50 pips.

In thant case I lost nothing !

Like this.

Files:
20pipsbad.gif  10 kb
 

Perhaps an ideal filter would be if the target isn't hit within a certain amount of time to close the trade at b/e.

 

Yes !

Hello AEGIS

Yes ... ! For sure ! ...

If I am there I don' t close the trade at 20 pips.

I securise 10 pips when I reach 20 pips.

At 30 pips securise 20 pips etc..

Some trade go to more than 20 pips.

This mornig I make 30 pips.

 

Hi,

thanks for sharing.do you use Trailing Stop?

 

No trailing!

If I am not there I dont use a trailing stop. I win 20 pips or I loss 50.

If I am there I move my stop when I reach 20 pips at +10 pips

If I reach 30 pips I move to +20 etc..

PipeTrader

 

Bad or good ?

There is an exemple of bad signal.

If some body have a Force Index whit alert on level I realy appreciate!

PipTrader.

Files:
badgood.gif  10 kb