11# daily 20 pips Trading System
Submit by Janus Trader
• Calculation of daily Pivot Point. (PP)
• Calculation of corresponding Trade Entry Levels. (BuyA, BuyB, SellA, SellB)
• Mod’s Basic System (used for the website signals)
• Presentation of Trade Entry method options.
• Discussion of the Trade Time Window.
• Presentation of Trade Entry rules by method.
• Discussion of variations to the “basic” rules.
• Setup of MetaTrader4. (Indicators, ExpertAdvisers, etc.)
• Appendices (future)
Calculation of Daily Pivot:
This calculation is made at the new day of your broker/chart. Mod’s broker is GMT+3
(during Daylight Savings time, +2 when in Standard time.) You may have different
times, or slightly different numbers with your broker at the same time, so you have
to allow a little variance. In any case, the PP calc is to be done after the close of a day.
Trader feedback has indicated that these differences are minor, and while may
introduce slightly different trade results on a day-to-day basis, there is virtually no
long-term difference in Win/Loss percentages.
The calculation is conventional and very simple:
Determine the High, Low, and Close of the previous day.
PP = (H + L + C) / 3
Calculation of the Trade Entry Levels:
There are four Trade Entry Levels calculated, based on the Pivot Point:
BuyA = PP + 21
BuyB = PP + 41
SellA = PP – 21
SellB = PP – 41
Mod uses a simple “Follow-the-Price” system, applied at the new day. Mod will
determine two things, and two things only:
• Trade Direction (Buy or Sell)
• Entry Level (Either BuyA or SellA, depending on TradeDirection above)
His determining factor is the market price compared to the calculated Pivot Price at
If Market > PP, then the signaled trade is a BUY.
If Market < PP, then the signaled trade is a SELL.
Entry Level will always** be at PointA.
** the Level B entries discussed below are considered an advanced strategy. Mod
deals ONLY with price at new day. It is virtually mathematically impossible for the
Market price at new day to be 41 pips (or more) above the calculated PivotPoint, so
his signals will never be a PointB entry.
This is the simple, basic, and “safe” system. It is recommended that one master this
system before moving on to the more advanced trades covered below.
Trade Entry Methods:
There are two methods of entering a trade by the D20p system. (Well, maybe three,
if you use the SimpleEA…see the Variations section.)
1. “Follow-the-Price” (FTP) method. This is what is considered the basic, and
To see Manual.
Daily Forex Strategies