494# Kaufman with ABC pattern Trading System

ABC pattern forex trading system

Submit by Jonas Berger 25/09/2013

 

Kaufman with ABC pattern Trading System is an trend following strategy. Only trades in the direction of the trend (remember trend is your friend).

 

The direction of the trend is determined by the Kaufman V.3 indicator: line white > magenta line trend is up; line white < magenta line trend is down.

 

Rules for Kaufman with ABC pattern Trading System

 

Time Frame H30 min or higher.

Currency pair:any

 

Metatrader Indicators:

Kaufman3 indicator;

ABC Pattern indicator;

FX Trender.

 

 

Buy

Kaufman indicator Trend up ;

ABC pattern arrow blue buy must be confirmed by:

FX Trender indicator>0;

If these conditions agreed to open a long position at the opening of the next bar.

Sell

Kaufman indicator Trend up ;

ABC pattern arrow red sell must be confirmed by:

FX Trender indicator < 0;

If these conditions agreed to open a short position at the opening of the next bar.

 

Exit position

Two methods:

1. scalping with re-enter: fast profit target that depends by currency pair and time frame or on the pivot point levels (for intraday trading);

2. or exit position when kaufman indicator v.3 reverse trend

 

example H!1 Time frame: Initial stop loss on the previous swing after 15-18 pips in gain move stop loss at the entry point.

Kaufman with ABC pattern Trading System: Template and indicators

Kaufman with ABC pattern Trading System
Kaufman with ABC pattern Trading System.
ABC pattern forex trading system.
Template and Indicators.
Kaufman with ABC pattern Trading System.
compressed file archive 9.7 KB
Kaufman with ABC Pattern Trading System
Kaufman with ABC Pattern Trading System
Kaufman with ABC Pattern trading system
Kaufman with ABC Pattern trading system

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