306# IchiBrain Trading System

Submit by MavenTrader 18/02/2012 (Source TSD-forum) 

 

This forex strategy is a fusion of three forex trading systems : BrainTrend 7.1, Ichi360 System from ichi360.com and Double EMA Crossover. The attached image is the example chart you should be able to get by combining indicators.

Trading setup :

LONG : 

  • Look for Blue/Cyan lines below the price and be careful if both Blue/Cyan and Red/Magenta are contradicting each other, and ge utterly careful when the bars are green. I don't trade in these conditions.

  • The double EMA crossover should confirm the bullish move, wait for a BIG GREEN ARROW UP, you can ignore the small ones.


  • At this point you can enter the trade, but if your not greedy and looking for consistency wait for Ichi360 indicator to confirm the bullish bias , the ichi360 indicator gives you exact entry point and you can use the BrainTrend indicator as trailing stop levels or exit, OR you can just wait for ichi360 to make a move in the other direction to exit.

SHORT : 

  • Look for Red/Magenta lines above the price and be careful if both Blue/Cyan and Red/Magenta are contradicting each other, and ge utterly careful when the bars are green. I don't trade in these conditions.

  • The double EMA crossover should confirm the bearish move, wait for the BIG RED ARROW DOWN, you can ignore the small yellow ones.


  • At this point you can enter the trade, but if your not greedy and looking for consistency wait for ichi360 indicator to confirm the bearish bias, the ichi360 indicator gives you exact entry point and you can use the BrainTrend indicator as trailing stop levels or exit, OR you can just wait for ichi360 to make a move in the other direction to exit.


In the picture IchiBrain forex system in action.

SharkD1-Manual-Trading-System

SharkD1-Manual-Trading-System
SharkD1-Manual-Trading-System
SharkD1-Manual-Trading-System.zip
Compressed Archive in ZIP Format 476.5 KB

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

Write a comment

Comments: 0
Forex Trading System
trademanual.pdf
Adobe Acrobat Document 491.8 KB
IchiBrain Indicators
Metatrader
IchiBrain Indicators.rar
compressed file archive 184.2 KB