622# Swing Pips System

Stochostic Candles Trading

Submit by Jeff 02/02/2015

Swing Pips” System is mainly a trend-momentum following system designed for trading forex

market. The methods used with this system are powerful and effective.

The system is using different indicators to identify the major trend and show you the best entry/exit points. The system is also equipped with powerful support and resistance indicators that we’ll be using to place stop loss and targets.

Time Frame H1 or higher.

Currency pairs: Any.

Metatrader Indicators

1 – Stoch Candles ( Based on Stochastic indicator )

Blue Candles = Up trend, Buy Signal. Red Candles = Down trend, Sell Signal.

2 – Trend Filter2 ( Based on Moving Averages )

Blue Bars= Up trend, Buy Signal. Red Bars = Down trend, Sell Signal.This indicator will also be used for trend reversal alerts generated by Divergence


This indicator works as a trend indicator that shows the direction of the trend,

and also works as a trend power detector that allows you to know if the trend is

powerful enough or not.

Blue Dots = Powerful Up Trend = Buy Signal

Red Dots = Powerful Down Trend = Sell Signal

4 – Support And Resistance Indicators

The First indicator shows the most powerful support and resistance LEVELS. Blue

dots = support/resistance, Red dots = powerful supports and resistance levels.

We’re going to use this indicator for stops and targets.

The second indicator shows major support and resistance AREAS.

This indicator will be used mainly for Targets.

Trend Channel indicator is simply a visual trend identifier ). It

provides visual confirmation for the rest of indicators used to identify the major


It doesn’t provide buy/sell signals but it provides overbought and oversold areas –

between red lines.

Red lines = Overbought = Possible Reversal

yellow line = Oversold = Possible Reversal

Last indicator that we’re going to use is the one that will show us the best

entry/exit points…

Wave Arrows

This indicator is based on Fractals. And it provides visual entry and exit

suggestions in the form of Red and Blue arrows.

Red Arrow = Sell Signal = Close Buy

Blue Arrow = Buy Signal = Close Sell

System’s Rules

Buy Signal

1- Blue Candles

2- Trend Filter = Blue Bars

3- Trend Channel (Polynomial Regrssion) = Up Trend

4- ADX MA = Blue Dots

Sell Signal

1- Red Candles

2- Trend Filter = Red Bars

3- Trend Channel = Down Trend

4- ADX MA = Red Dots

Stops & Targets

For stops and targets we’re going to use the support/resistance levels/areas

indicators or bands of the polynomial regression.

In the pictures Swing Pips System in action.

In the pictures Swing Pips System in action.
Swing Pips System in action.
Swing Pips System
Swing Pips System in action


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