613# Trading Magnum 300 pips a week

Heiken Ashi 3 with trading filters

Submit by MJ 24/12/2014


Trading Magnum 300 pips a week is a trend following system based on the combination of trend filter indicators.

Time Frame H1 and H4.

Markets: Forex (EUR/USD, GBP/USD, AUD/USD, USD/CAD, NZD/USD, USD/CHF, GBP/JPY, EUR/JPY, USD/JPY; Index (Dax, S&P500, Nasdaq, FTSE).

Metatrader Indicators:

Heiken Ashi v.3;

Trend filter (indicator tfor range market),

Trend Direction ( long term trend direction filter),

Joker Filter (short term trend direction filter).


Rules Trading Magnum 300 pips a week


Buy

joker Filter green bar,

Trend filter green bar,

Trend direction green bar,

Heijen Ashi green bar,

When these conditions are agree place a buy order at the opening of the next bar.


Sell

joker Filter red bar,

Trend filter red bar,

Trend direction red bar,

Heiken ashi red bar,

When these conditions are agree place a sell order at the opening of the next bar.


Exit position

initial stop loss h1 time frame 15 pips below/above the entry bar, h4 time frame 25 pips above/belowe the entry bar.

Make profit when Joker filter changes direction or ratio 1.2 stop loss.

In the pictures Trading Magnum 300 pips a week in action.

 Trading Magnum  300 pips a week
Trading Magnum 300 pips a week
Trading Magnum  300 pips a week in action 4H time frame
Trading Magnum 300 pips a week in action 4H time frame
Trading Magnum System.rar
compressed file archive 56.6 KB

Write a comment

Comments: 7
  • #1

    st man (Saturday, 10 January 2015 01:39)

    very nice system, please is there any discussion thread for it, and does any of the indy repaint, thank you
    rozayx5@gmail.com

  • #2

    Get It! (Saturday, 15 August 2015 05:36)

    I haven't used this system yet but I have to say from the back testing I am doing, it looks REALLY solid...I'll have to test live for results but this really looks good man...thanks for sharing because if this works like it is showing it can really help a lot of people!! Cheers!

  • #3

    Rorschach (Saturday, 15 August 2015 16:04)

    Hey MJ,

    Thank you for this system again! I have a question about getting out of trade and maybe you can clarify what you mean.

    You said make profit when Joker changes direction or 1.2 stop loss. What do you mean by make profit 1.2 stop loss? Thanks MJ.

  • #4

    ron (Tuesday, 01 September 2015 23:55)

    that's mean take profit at 1,2 level and put your stop loss below the recent high (or low)

  • #5

    nor (Sunday, 22 May 2016 15:51)

    it heavily repaints

  • #6

    Domenico (Friday, 27 May 2016 14:13)

    yes,but the filter are stable.

  • #7

    eddie (Wednesday, 10 August 2016 22:55)

    hi,will this only work on H1 OR H4? thanks

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