King and the 3 Musketeers System (K3M) - page 2

New comment
 

Entry Rules

Entry Rules:

Chart : 1H TF

Pairs: GBP, EUR, CHF, YEN, AUD and CAD

No Trading 1 hour before Reports / News.

Do not trade during holiday period, check out the date yourself

Continual Up Trend Market:

K3M_K: Lime (longer bar)

K3M_M1: Green

K3M_M2: Green

K3M_M3: Green

Continual Down Trend Market:

K3M_K: Red (longer bar)

K3M_M1: Red

K3M_M2: Red

K3M_M3: Red

Trend Changing Market: Uptrend

EMA_Cross Signal: Green and UP Arrow

K3M_K: LimeGreen(shorter bar)

K3M_M1: Green

K3M_M2: Green

K3M_M3: Green

Trend Changing Market: Downtrend

EMA_Cross Signal: Red and Down Arrow

K3M_K: Brown(shorter bar)

K3M_M1: Red

K3M_M2: Red

K3M_M3: Red

Stop loss setting (suggestion only):

1)Set to the bar size of the previous bar

2) Minimum SL is 20

Escape if market is against you:

1) If the market did not stop out your SL wait for the second bar (bar after entry) and try to SL at break even. If not, you should stop loss before the end of second bar close. Don't have to wait for the market to stop you out.

TP (Suggestion only):

1) 2 mini lots

2) TP 1 mini lot after 10 pips profit

3) TP 2nd mini lot after20 pips profit

Regards

 

System

Hello yyc196

System looks interesting and profitable, Thanks for shareing your method and system

 
yyc196:
Entry Rules:

Chart : 1H TF

Pairs: GBP, EUR, CHF, YEN, AUD and CAD

No Trading 1 hour before Reports / News.

Do not trade during holiday period, check out the date yourself

Continual Up Trend Market:

K3M_K: Lime (longer bar)

K3M_M1: Green

K3M_M2: Green

K3M_M3: Green

Continual Down Trend Market:

K3M_K: Red (longer bar)

K3M_M1: Red

K3M_M2: Red

K3M_M3: Red

Trend Changing Market: Uptrend

EMA_Cross Signal: Green and UP Arrow

K3M_K: LimeGreen(shorter bar)

K3M_M1: Green

K3M_M2: Green

K3M_M3: Green

Trend Changing Market: Downtrend

EMA_Cross Signal: Red and Down Arrow

K3M_K: Brown(shorter bar)

K3M_M1: Red

K3M_M2: Red

K3M_M3: Red

Stop loss setting (suggestion only):

1)Set to the bar size of the previous bar

2) Minimum SL is 20

Escape if market is against you:

1) If the market did not stop out your SL wait for the second bar (bar after entry) and try to SL at break even. If not, you should stop loss before the end of second bar close. Don't have to wait for the market to stop you out.

TP (Suggestion only):

1) 2 mini lots

2) TP 1 mini lot after 10 pips profit

3) TP 2nd mini lot after20 pips profit

Regards

Great system!

Do you enter after the signal bar has closed?

 

Entry

RickW00716:
Great system! Do you enter after the signal bar has closed?

Hi,

I always have the habit of entering 10 to 20 seconds before bar close, so that the entry is closer to the signal entry.

Regards

 

K3M Indicator's

Hello yyc196, if i wanted to use this on a 15 min chart, what would the settings be for the K3M indicator's

Thanks

yyc196:
Hi All,

For those who don't like the 1H system I put up previously, here is another alternatives which you can try:

TF : 30M

Setting:

K3M_K: as default

K3M_M1: 14

K3M_M2: 14,3,3

K3M_M3: 14

EMA1: 5

EMA2: 34

EMA_Cross : 5, 34

The entry and exit rules remian the same.

Good Trading

visit my Blog: Sheker - Traders Helping Traders

I will try my best to update the daily performance of this system! Wait for my annoucement
 
hefftel:
Hello yyc196, if i wanted to use this on a 15 min chart, what would the settings be for the K3M indicator's Thanks

Hi hefftel,

I suggest you use 30 min, 15min got a lot of false trades based on my statistic.

Good Trading

 

K3M Indicator's

hello yyc196

Thank you for your reply i have look at 30 min and quite like it, im jus trying to test something on 15 min chart, i would like to know the optimal setting's for the indicator's on 15 min chart, its worth looking at every avenue

Thanks for your time

 

how about over all performance of this system ?

===================

Forex Indicators Collection

 
prasxz:
how about over all performance of this system ?

===================

Forex Indicators Collection

Hello,

Indeed, if the strategy can appear good, could you show results in order to validate them and to continue the tests with your method .

 

Cad Trade!!!

Hi,

I have a good trade on Cad just now!!! I put the chart in my blog.

However, I still need your support to test this system.

Thanks again!!!

Regards

123456789...13
New comment