89# Trendline Kill Trading System

Trendline Break

Submit by Janus Trader 27/03/2012

 

Time Frame 15min or higher

Currency pairs:any.

 

Forex indicator:

Bollinger bands (20:2);

RSI with OSAMA: RSI(5), RSI (14) OSAMA (12,26,9);

MACD (12,26,9);

Parabolic SAR (0.2, 0.02);

Trendline Indicator Kill (Top left corner indications of the possible breks)

 

1. Trade in the direction of the trend.

2. trendlines to define the trend, and enter only when the candle breaks the

trendline.

Use another indicator to filter the bad signals.

 

Long Entry

  1. Possible Trendline Break -up confirmed by candle close above the level;

  2. Parabolic Sar dot below the candle;

  3. RSI (5) >RSI (14) and OSAMa >0;

  4. line of the histogram MACD<bars histogram;

Short Entry

  1. Possible Trendline Break -down confirmed by candle close below the level;

  2. Parabolic Sar dot abowe the candle;

  3. RSI (5) <RSI (14) and OSAMa <0;

  4. line of the histogram MACD>bars histogram.

 

Exit posit

Stop loss on the previous swing High or Low.

Profit Target is discretionary or use the indications of Target Profit on the left corner of Trenline Kill indicator.


trendline kill trading system: Template

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trendline kill trading system
trendline kill trading system.rar
compressed file archive 1.1 KB

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Trendline kill Trading System
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Trendline kill Trading System
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kill A-T-L metatrader indicator
kill A-T-L.rar
compressed file archive 2.9 KB

 

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