56# Skinny Dipper modified Trading System

Submit by Janus trader 08/04/2011

 

Pairs: all.

Time Frame: 15 or higher.

 

Indicators:

50 EMA;

15 EMA;

 

Long and Short Setups

a) A long setup is in effect for 1 bar only when the close is above both EMA's but below the previous bar's low.

b) A short setup is in effect for 1 bar only when the close is below both EMA's but above the previous bar's high.

Long and Short Entries

a) Long entry is 2 pips above the high of the naked down-close bar ;

b) Short entry is 2 pips below the low of the naked up-close bar .

 

Note: reentry wait the price touches 50 EMA with (15 EMA > or <EMA 50).

 

Long and Short Exits

a) Exit longs at 1 point below the initial protective stop, the breakeven stop, or the trailing stop. Exit on a limit order at the profit target.

b) Exit shorts at 1 point above the initial protective stop, the breakeven stop, or the trailing stop. Exit on a limit order at the profit target.


 

In the pictures below Skinny Dipper modified Trading System in action.

 

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