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).
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
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.
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.
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.
SHI Channel Tools