Thread: Forex Day Trading System

Here is another Forex trading system that looks pretty profitable:

Forex Day Trading System - Domino

He has had pretty good success with this system (1000+ pips per month).

See attached .pdf for system.

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DOMINIO'S SYSTEM RULES

MAE 14 > MAE 42 ===> Long Signal
MAE 14 < mae 42 ===> Short Signal

Big Trend is Up, and RSI > 50 ===> Wait a Long signal
Big Trend is Down, and RSI < 50 ===> Wait a Short signal

You have a long signal if:

- MAE 14 > MAE 42
- RSI > 50
- 85 < William's %R < 100

You have a Short signal if:

- MAE 14 < MAE 42
- RSI < 50
- 0 < William's %R < 15

Finbonacci Exits --
Dominio uses:
+38,2% ; +50% ; +61,8% ; -38,2% ; -61,8%. In fact, only -38,2 and -61,8 are very important to find an exit point.

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How to enter with my system forex - Domino?

If the Forx is Up, I enter on an Up candlestick.

If the Forex is Down, I enter on a Down candlestick.

Sometimes it is different. That is why I advice you to follow my forex trades if you want to know all the details about my entry positions.

How to exit with my forex day trading system ?

In general, I use the divergence between the forex market prices and the william's %R forex indicator. For more details about it, go to my forex trades page.

Hi Funyoo!

Do you think this would be a good EA to create from this system??

Thanks,

Nicky

Originally Posted by bnbb2004

Hi Funyoo!

Do you think this would be a good EA to create from this system??

Thanks,

Nicky

Here is the Forex Day Trading System EA,

There is all the rules described in your post, except the fibo (I could use the spudfibo, but I don't know on what basis are drawn the fibs, if it is each period of M5, M15, M30, H1, ... ok otherwise it is too subjective), and the divergence would require a lot of conditions. I have also not done the other stuff in the pdf (pullback, turn point, pre-signal, stop loss ...), it would take me too many time.

Originally Posted by bnbb2004

Funyoo,

Does this EA have a hidden TP and SL built into it??

Here is the version with the hidden sl-tp option available.

Originally Posted by Mamounforex

hello funyoo

when i attach the ea to the chart why i don't get the iamge i only get smiling face . i want to see the ema 14 and other and rsi and william on the chart

regards

and if you can give me your email plz

Hi Mamounforex and welcome,

You can do it yourself. You just have to attach to your chart the two EMA, the William %R and the RSI.