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Another System for Breakout (ABS )
As I went go looking the price movement from a eagle view I observed price has more volatility when the price go away from the moving average . So how can we just hunt down those movement . Inchimoko is the best to get a high probability movement but ...... Many get the bored to trade this because we will have to wait. Patience is key factor for Inchimoko and always trend is your friend.
I am trader who was amoung the 80% of the retail forex trader( loser) . I have gone through hours and hours looking into the chart and understanding the behaviour and endup with this system.
Please do your homework on how the SSMA , Ichimoko kijun Line and the kumo cloud works .
if you just view any chart with ichimoko you can see ( OMG such movement of price trends been defined)
we will be trading the 1Hr chart so easy you have time for other work as well .
Time Frame : 1Hour .
trade rules :
buy : - Price has to be above the cloud and above Kijun line . ( high probability of a uptrend )
- Price has close above the SSMA channel
-Gann hilo has to be blue
-hieken ashi has to be a buy candle.
late entry : GG-RSI-CCI a green bar after red or orange bar
SELL : vice versa [buy]
every currency pair has a movement pattern so please adjust Gann hilo values and GGRSICCI to best suit the currency pair
the template setting is for eurusd.
If your good in trading the Trade Made Simple system then try implementing that strategy above the cloud and below the cloud.
Please drop your ideas to improve this system
GannHiLo-Histo.ex4 8.27 kb, 9 downloads since 2015-02-17
GG-RSI-CCI.ex4 10.49 kb, 10 downloads since 2015-02-17
Heiken Ashi-Tape (1).ex4 8.82 kb, 9 downloads since 2015-02-17
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hm i dont believe in moving averages but Ichimoko and a breakout that can work, so yes agreed
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