Here is a simple strategy for FXCM Trading Station II. (This strategy can be used on MetaTrader, by using Gann Hi/Lo Activator. SSL indicator and Gann Hi/Lo Activator are both the same thing...)
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Currency Pair: Any
Hour/Time of day: Any
TimeFrame: Any
Indicators:
SSL/Gann Hi-Lo: 2
CCI: 14
MACD: 5,9,2
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Note: SSL is the same thing as the Gann Hi/Lo Activator Indicator.
How to use:
The candle bars has to close over the SSL, and the CCI has to cross -100 for buy or 100 for sell, and MACD has to cross in the direction you want the currency to move.
For the exit signal, the first indicator to change to a sell signal from a buy signal is the exit signal.
Simple as that!
NOTE: Don't enter a trade if all the indicators don't line together, (In other words, don't get into a trade without all the indicators giving the exact same signal at he exact same time as shown in the second image below).
You can play around with this strategy. You have to wait until the candle bar closes over the SSL.
This strategy alone, or combined with another strategy will produce profitable results....
WARNING/DISCLAIMER: This strategy was not back-tested. I hold no responsibility for any loss.
Download "Simple Trading Strategy" for FXCM Trading Station II.
Download "SSL Indicator" other know in MT4 as Gann Hi/Lo Activator.
Download Gann Hi/Lo Activator (SSL) for MetaTrader 4 platform.
Enjoy! ;)
-Mennzz
---Every day I try to create a better strategy. It takes time, and its hard. Maybe I'll post another strategy up soon, if I figure out one. But, for now, play around with this strategy---
Hi Mennz,
ReplyDeleteThanks for the simple system, I just wish that i could get up all the indicators for my MT4.
Any news on the codeing for that?
If possible please post update.
cheers,
pipdat
Hi Mennzz,
ReplyDeleteYou didn't give the MA setting either?
pipdat
Hi Pipdat,
ReplyDeleteThe SSL indicator is for the Marketscope platform of FXCM Trading Station II. Gann Hi/Lo Activator is the same thing as the SSL indicator, just in a different name. Gann Hi/Lo is SSL in MT4 platform, and the setting of SSL (Not MA) are 2.
Then, you have CCI and MACD, which MT4 has, and the settings for these indicators are, CCI-14, MACD-5,9,2.
You can download Gann Hi/Lo Activator (SSL), for MT4 above...
Cheers,
-Mennzz
Hi I like this site. However, appreciate if you could also load the template or the link to the template.
ReplyDeleteRegards
Good info, many thank you to the author. It is incomprehensible to me now, but in general, the particular usefulness and importance is overpowering. Thanks again and good luck!
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