super system strategy forex

February 21, 2018 | Author: reza rahmad | Category: Copyright, Copyright Infringement, Patent, Business
Share Embed Donate


Short Description

this is strategy forex how to open and close position...

Description

Presents

The Super System Www.ForexWinners.Net

By Russ Horn

www.RapidResultsMethod.com

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial market. The contents of this report are for general information and educational purposes only (contents shall also mean the website www.rapidresultsmethod.com or any website the content is hosted on, and any email correspondence or newsletters or postings or affiliate site as related to such website). Every effort has been made to accurately represent this product and its potential. There is no guarantee that you will earn any money using the techniques, ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using our product, ideas and techniques. We do not purport this to be a “get rich scheme.” Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes only and should not be construed as investment advice or strategy. No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this report or anywhere on www.rapidresultsmethod.com. Past performance is not indicative of future results. By purchasing and/or using any content or product including material herein contained, subscribing to our mailing list or using the website or contents of the website or materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be read herewith. So too, all the materials contained within this course, including this manual, whether they appear on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all our rights in this regard. Old Tree Publishing CC, in association with www.rapidresultsmethod.com, the website, content, and its representatives Including Russ Horn do not and cannot give investment advice or invite customers or readers to engage in investments through this report or any associated software or any subscription to any part of it. The information provided in this content is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Hypothetical performance results have many inherent limitations, some of which are mentioned below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and actual results subsequently achieved by any particular trading program and method or software. Old Tree publishing by users download and/or use of this report is indemnified fully by any such user in any and all and each respect possible. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the trading losses are material points that can also adversely affect trading results. There are numerous other factors related to the market in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual trading results. We reserve the right to change these terms and conditions without notice. You can check for updates to this disclaimer at any time by visiting www.rapidresultsmethod.com. Governing law: This policy and the use of this report/eBook, provided in any form, and any content on the website site are governed by the laws of the Republic of South Africa. Further details on this are found under the Terms and conditions on our site. Please ensure you read and agree with all Terms and Conditions as set out on our site before using any of the materials. Your use and reliance on the materials is based on your acceptance of such Terms and Conditions and policies as appear on the site.

2

www.RapidResultsMethod.com

The Super System In this report, I want to share with you a trading system that is so powerful it was called the Super System. It is one of the most conservative trading systems out there where you will receive fewer signals but they will be more secure ones. Another good thing about the Super System is that it is very flexible because it can be used on every timeframe available, so it fits all kind of traders – scalpers, swing traders and even long term traders.

System Components & Indicators Timeframe: Any timeframe can be used.

Currency Pairs: Majors like the EUR/USD and GBP/USD.

Indicators: 1. 2. 3. 4. 5. 6. 7.

3 EMA (Exponential Moving Average) set to the close price. 5 EMA (Exponential Moving Average) set to the open price. 34 EMA (Exponential Moving Average) set to the close price. 89 EMA (Exponential Moving Average) set to the close price. 3 RSI (Relative Strength Index) with levels at 20 and 80. Stochastic (5,3,3) with default settings and levels at 20 and 80. 14 ADX (Average Directional Movement Index) with +D and –D line only.

3

www.RapidResultsMethod.com

Chart Setup 1. 3 EMA (Exponential Moving Average) set to the close price.

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Moving Averages on the list and double click on it and the settings dialogue box will pop up. 4. Set the Period to 3. 5. Leave Shift at 0. 6. Click on the MA method drop down menu and select Exponential. 7. Set the Apply to at Close. 8. Click Style and choose Lime as the color for your 3 EMA. 9. Leave the line type as it is by default. 10. This is for setting the 3 EMA line width. 11. Click on the OK button to apply the 3 EMA on your chart.

4

www.RapidResultsMethod.com 2. 5 EMA (Exponential Moving Average) set to the open price.

The steps for setting the 5 EMA are the same as those for the 3 EMA: 1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Moving Averages on the list and double click on it and the settings dialogue box will pop up. 4. Set the Period to 5. 5. Leave Shift at 0. 6. Click on the MA method drop down menu and select Exponential. 7. Click on Apply to for editing the price of the indicator and set it to Open. 8. Click Style and choose the Red color for your 5 EMA. 9. Leave the line type as it is by default. 10. This is for setting the 3 EMA line width. 11. Click on the OK button to apply the 3 EMA on your chart.

5

www.RapidResultsMethod.com 3. 34 EMA (Exponential Moving Average) set to close price.

The steps for setting the 34 EMA are the same as for the 3 EMA except these 2: 4. 8.

Set the Period to 34. Click Style to choose Aqua as the color for your 34 EMA.

6

www.RapidResultsMethod.com 4. 89 EMA (Exponential Moving Average) set to close price.

To set the 89 EMA, follow the steps for setting the 3 EMA except these 2: 4. Set the Period to 89. 8. Click Style to choose Magenta for your 89 EMA.

7

www.RapidResultsMethod.com 5. 3 RSI (Relative Strength Index) with levels at 20 and 80.

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Relative Strength Index (RSI) on the list and double click on it. The settings dialogue box will pop up. 4. Set the Period at 3. 5. Leave the Apply to section at the default value, Close. 6. Click Style and choose the DodgerBlue color for the indicator. 7. Leave the line type as it is by default. 8. This is for setting the line width. 9. Click on Levels for the levels settings dialogue box to pop up. 10. Click on Add and input 20 for the first level, then click on Add again and input 80 for the second level. (10) 11. Here, you can customize the level color, line type and width. Leave all of them as they are by default. 12. Click on the OK button to apply the RSI on your chart. (12)

8

www.RapidResultsMethod.com 6. Stochastic (5,3,3) with default settings and levels at 20 and 80.

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Stochastic Oscillator on the list and double click on it to open the settings dialogue box. 4. Leave %K period at 5 (default). 5. Leave Slowing at 3 (default). 6. Leave %D period at 3 (default). 7. Leave Price field at Low/High as it is by default. 8. Leave MA method at Simple (default). 9. Click on the OK button for the Stochastic Oscillator to appear on your chart.

9

www.RapidResultsMethod.com 7. 14 ADX (Average Directional Movement Index) with +D and –D line only.

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Average Directional Movement Index (ADX) on the list and double click on it to open the settings dialogue box. 4. Leave the Period at 14 as it is by default. 5. Leave the Apply to section at the default value, Close. 6. Click Style to select “None” for the color of the indicator as we will not be using the main ADX line. 7. Leave the line type as it is by default. 8. This is for setting the line width, leave it at the default value. 9. Click on the Colors tab. 10. Set the +D line color at Lime. 11. Set the –D line color at Red. 12. The line type for the +D and –D lines can be set here. 13. This is for setting the line width of the +D and –D lines. 14. Click on the OK button to apply the ADX on your chart.

10

www.RapidResultsMethod.com

Long Entry Rules 1. 2. 3. 4. 5. 6.

The 34 EMA must be above the 89 EMA. The 3 RSI must cross above the 80 level. The Stochastic must be above its Signal line. The +D ADX line must be above the –D line. The 3 EMA must cross above the 5 EMA. When all the rules mentioned above are met, in whatever order, we can open a buy trade. 7. Set the Stop Loss below the 34 EMA or the last swing low point. 8. Set the Take Profit at double the amount of the Stop Loss, or close the trade when there is an opposite signal given by the 3 and 5 EMAs, 3 RSI or ADX indicators. The opposite signal here means the 3 EMA falls below the 5 EMA, the 3 RSI falls below the 20 level and the +D line falls below the –D line.

Let’s have a look at a long trade example on the next page.

11

www.RapidResultsMethod.com

Long Trade Example On the image below, you can see a long trade on EUR/JPY on 5 minute chart.

The vertical line “A” marks the signal set up candle for this buy trade. First, the 34 EMA is above the 89 EMA showing that the long term trend is up at the moment and we look only for long entry opportunities. The ADX confirms this because the +D line is above the –D line for a while. Then the 3 EMA crossed the 5 EMA upwards on the previous candle and in the same time, the Stochastic has moved above its Signal line. The last signal was given by RSI crossing above the 80 level. At the close of the signal candle, a buy position was opened at 103.572 (B). After the opening of the long position, a Stop Loss of 8 pips was set below the 34 EMA at 103.492 (C). Then, a Take Profit of 16 pips was set at 103.732, which is twice the Stop Loss amount (D). As you can see, the 16 pips profit was gained less than an hour after we entered the trade, when there wasn’t much movement on the market. This trade was taken prior to the open of the Asian session. Now let’s take a look at Short trade conditions that must be met for opening a short trade.

12

www.RapidResultsMethod.com

Short Entry Rules 1. 2. 3. 4. 5. 6.

The 34 EMA must be below the 89 EMA. The 3 RSI must cross under the 20 level. The Stochastic must be below its Signal line. The –D ADX line must be above the +D line. The 3 EMA must cross under the 5 EMA. When all the rules mentioned above are met, regardless of the sequence, we can open a sell order. 7. Set the Stop Loss above the 34 EMA or the last swing high point. 8. Set the Take Profit at double the amount of the Stop Loss or close the trade when there is an opposite signal given by the 3 and 5 EMAs, 3 RSI or ADX indicators. The opposite signal here means that the 3 EMA crosses above the 5 EMA, 3 RSI crosses above the 20 level and the –D line falls below the +D line.

Let’s take a look at a short trade example on the next page.

13

www.RapidResultsMethod.com

Short Trade Example

Here, we have a short trade on the AUD/USD 1 hour chart. The vertical line “A” shows the set up candle. First, the 34 EMA is below the 89 EMA showing that the long term trend is down at that moment and we look only for short entries. The 3 EMA has moved below the 5 EMA 2 candles ago. The Stochastic fell below its Signal line at the previous candle and almost simultaneously, the –D ADX line crossed above the +D line. The actual entry signal was given by the RSI crossing under the 20 level. Immediately after all the conditions were met and the signal candle closed, a short position was opened at 1.04959 (Bs). Then a Stop Loss of 36 pips above the entry was placed at 1.05319, which is just above the last swing high point (C). Lastly, a Take Profit of 72 pips was set below the entry, which is double the Stop Loss amount, at 1.04239 (D). The Take Profit Target was hit 11 hours later and again, this was a short trade taken during the Asian session when there isn’t much movement on the market.

14

www.RapidResultsMethod.com In this report, you have learned about the Super System and how profitable it can be because of its security and conservativeness. False signals are reduced to the absolute minimum, while profits are maximized. Thank you for your time and I hope that you will enjoy trading this system!

Best Regards,

P.S. If you need help, you can send me an email at [email protected]

15

View more...

Comments

Copyright ©2017 KUPDF Inc.
SUPPORT KUPDF