Thread: Could you please give the signal alert when all the conditions meet

"
Smart Ingsun" technique - 100 till 200 pips per day

Helo everybody...

after vanishing quite awhile, I want to post a system to this lovely forum. Actually, it's not a trading system yet, but more to entry and exit market.

Oh ya, to anticipate that this technique won't be trademarked by others, I'll give the name "SMART Ingsun"

This time, I still believe in simple indicators as a weapon in the forex market, which are:
1. SMA 16 and 96, high and low setting, M15
2. OSMA, 5 15 3 setting, TF H1 & H4 as confirmation

yup... 2 are enough.

Because it's quite inconvinient to move between chart just to confirm the signal, we can use MTF_MACD as a replacement for OSMA.

We can see the screenshot like this:
image

Rule:
* buy
1. Open price above SMA16 High and at least there is 1 from last 5 candles that is below SMA16 Low.
2. MTF_MACD H1 should be green / above zero
3. MTF_MACD H4 should be > than last bar.

* sell
1. Open price below SMA16 low and at least there is 1 from last 5 candles that is above SMA16 high
2. MRF_MACD H1 shold be red / below zero
3. MTF_MACD H4 should be < than the last bar.

Look at the above pictures.
- yellow line, the arrow and tick are the signals
- red line & cross. signals are not confirming.

Iportant points

Why I use SMA 16?
I got 16 from the conversion of H4 into M15. 1 H4 candle = 16 M15 candles.
- also 96 M15 candles = 1 D1 candle.

If we pay more attention, every signal near the SMA96, price is relatively move quite far, where if we understand the characteristic of this market, we could set longer take profit.

Exit strategy:
I leave the exit strategy to you all.
For me myself, I don't use TP at certain price. But I follow the price until I see tiredness. The easiest, I will exit if price is tired / close below SMA16 high at M15

Ok, that's all folks.
Please give comments and critics so we can make this system more perfect.

NB:
If there are master coder here who would like to create the EA, could PM me so I can explain the math logic in details. I myself already have an EA with this math logic, but not really confident to share it to forum.

Thank you.