Thread: xXx system

I would love to share with you guys a method I have been working on. This system is partly base about the Vegas 1 hour tunnel, but I have modified somewhat and w/ an accession of other widely used indior. Therefore I do not want to take complete credit for this particular system. It still has a weak point, so I'm posting this up hoping we can work together to make it better. Finally we can all profit from it.


Chart setup:


Time period: 1hr


Stochastic Os. (8, 3, 3) and Stochastic Os. (21, 5, 8) Add level 90,80,20,10 to both.
Apply to Simple and Close/Close
%K = 8:21
%D = 3:5
Slow =3:8


156 EMA Add amount: -34, -55, -89, -144, -233, -377, 34, 55, 89, 144, 233, 377.


Enter brief:
- When Stochastic Os. (8, 3) is in between 90 and 80 and are heading down.
- After first candle sticks in reverse direction.
- When the candle before the”initial candle sticks in reverse direction” and the”first candle sticks in op. Leadership” closes under the one of the EMA's degree.


Enter long:
- When Stochastic Os. (8, 3) is in between 90 and 80 and are heading up.
- After first candle sticks in reverse direction.
- When the candle before the”initial candle sticks in reverse direction” and the”first candle sticks in op. Leadership” closes above the one of the EMA's degree.
Exit: take 15-25 pips when the stochastic (8.3.3) hit the other hand.


These condition has to be fulfilled.


The stochastic (21.5.8) is there to help picture the trend. It's used to enter the market.
I would enter market as it's in preceding 90 for brief or under 20 for longterm.



Weakness: it does not have a SL. I have tried using placing stop lost at roughly 20 pips, but it was constantly hit. W/out the SL the TP hits 9/10.




I was able to double my 10000 Demo account in less than a month using this method. Averaging about 150 pips per day. I know it sounds really ridiculous. But give it a try.



150 has been accomplished by buying multiple pair when the condition are fulfilled.

Ex: 15-25 EU
15-25 EG

15-25 EJ

15-25 EC

15-25 UJ etc.. The pips it adds up.




Thanks all, I really wish you guys can give this method a try, and give me some comments to make it more powerful.

Does the following candle also have to close before entry?

Is this right or wrong: Disregarding the stochs for a minute -- in an uptrend, you need one bear candle to close below among the ema levels. Then enter short on open of following candle?

Originally Posted by ;

benQ,
sorry for the confusion. What it signifies is when the very first candle which signify a change of this market. Wait for it to close and enter on the candle.

regards.

Hello all,

Just wondering if some one of you have tried my own system? Please provide some comments to me.

thanks

Originally Posted by ;

hello ,

Just wondering if some one of you have tried my own system? Please give me some feedback.

Thanks

can you put a template file here

Wat template file? How can u get it?

He means will you create a template document for downloading. Put up all your indiors that you use on the chart etc, then proceed gt; Templates gt; Save Template. Then you can upload that here and people download and receive your indiors from mt4
Looks good this , however, looks very complied that mite be why he asks for template.

Can you show us your account statement?

Template file -
Metatrader menu - gt; Charts Template Conserve
Attach the file in a place...

Thanks. .

alrity, here are the documents men. Hope it helps and comfirm what I said.

regards.
https://www.nigeriaforextrading.com/...6491150245.tpl

When you say the slower stochastics must be over 90 for sale and under 20 for buy, did you mean over 80 for sell?
Do you enter when this stochastics is shing down and does go past 90 or moving upward and does go past 20 level?

Your entries are confusing -- that the part about first candle close in opposite direction, then When the candle before the”first candle shuts in opposite direction” and the”first candle shuts in op. Leadership” closes above the one of the EMA's degree.

Could you explain that in a different way or show some chart pics along with your own entries. Thanks.