195# Auslanco

Auslanco Forex Trading System

Submit by Joy22 (Written Auslanco)

Time Frame 15 min (Intra-day Trading System)

Currency pair: GBP/JPY

a).Simple Moving Average 5 close
b).Gann Hi Low Activator 10
c).Level stop Reverse version 2 

Values : ATR Periods 9 
ATR Multiplier 3

d).QQE alert 
Values: Smoothing Factor 60

Long Entry: Wait for the two buy alerts.(Green arrow and Blue dot). Buy when the price hits 5 SMA after the two signals.
Short Entry: Viceversa.

Stop Loss:Right below the confirmation bar on the Gann Hi low Activator line.

Take profit: Calculate the distance between OPEN price of the confirmation bar and the price of the Gann Hi low Activator(TFT line) at that point and multiply it by 2. 

(twice as your stoploss )
My TP targets are as follows and an example of lot allocation(total lots 5): 
1st TP: 2 X Stoploss (4-Lots)
2nd TP: Reverse signal confirmation(1-Lot)

In the pictures Auslanco forex system in action.

Forex Trading System
Compressed Archive in ZIP Format 12.0 KB

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 0