31# Simplicity Unclee Lee Trading System

Submit by Dimitri

Overview

Simplicity is a scanning tool that includes two variations of a similar strategy. ▪ The color coding below reference key indicator signals, that not only need to appear, but need to appear in a specific sequence and within a certain period limitation.

▪ YWY (Yellow – White – Yellow signals), is a well known strategy that follows a 3 tier confirmation. You will first get a trend direction, there after a moving average cross and a custom build trend confirmation to trigger a signal.

YYB (Yellow – Yellow – Black signals), is a variation of the YWY, but instead of using the custom build trend confirmation, we have used a tailored Half-Trend indication to complete the signals. ▪ The strategy can be used on any instrument and any TF, we do however recommend to use it on FX and on the higher TF’s (H1 and above) in order to secure the most accurate signals. ▪ Simplicity works on MT4 only.

Strategy for YWY and YYB

❑ Open a signal from the scanner.

❑ Verify the 3 confirmations are present

❑ YWY: 1) Yellow pullback signal, 2) White arrow signal, 3) Yellow MA signal.

❑ YYB: 1) Yellow pullback signal, 2) Yellow MA signal, 3) Black arrow signal.

❑ Wait till the price opens and closes either above or below the Black MA line. (Depending on trade direction)

❑ Added optional checks

❑ Verify with the ZHM momentum prediction that the price progression is in line with the signals. ❑ Verify with the TDI that the price is moving in the direction of the signals.❑ Multi TF check, possible drop to a lower TF to find a suitable entry point.

For more see the manual in attach.