This strategy is very simple and successful but will not get you in at the beginning of the move or exit at the end but will give a high success rate.

When the MACD Line and Signal Line cross, wait for the Stochastic to cross in the same direction!! (Don`t trade if Stochastic in overbought/oversold zones)If you are an agressive trader you can enter when the MACD and Stochastic cross at the same time, otherwise once the MACD has crossed, wait for the Stochastic to cross before entering. (The MACD must cross first!!)

Exit the trade when either the price action is clearly showing a change in direction (Long - Lower Highs) - (Short - Higher Lows) or the MACD lines cross back.

Purple = MACD/Signal Line Cross. Red = Stochastic cross / Entry. White = Exit

MACD & Fast Stochastic is a post from: Forex Trading System

-SUPERTREND (8, 1.5)
-SAR (0.2.0.2)

WHEN TO ENTER A TRADE:

Enter: a BUY trade when SUPERTREND is in a bullish trend(line is green), and SAR gives a BUY signal. (Don’t enter a SELL trade if SUPERTREND is bullish and SAR gives a SELL signal.

Enter: a SELL trade when SUPERTREND is in a bearish trend(line is red), and SAR gives a SELL signal. (Don’t enter a BUY trade if SUPERTREND is bearish and SAR gives a BUY signal.

Get out of a BUY trade when SAR give a SELL signal, and the opposite for a SELL trade.

by Mennzz

Download: Supertrend

Superstar Strategy is a post from: Forex Trading System

Rules of the game - Set color of MACD line to black, and the signal line color to white (or other color, same as your background). Signal for short position we get when MACD line is under 0 level, EMA 3 cross with EMA 18, and RSI is under 50 level. Gains we realized when one of indicators give a opposite signal

SL - near local maximum/minimum

By Lucas

Black MACD is a post from: Forex Trading System

Time frame: any

Currency: any

Here is the way it may help with detecting Raging and Trending markets:

Rules:

1. As long as the dots are of the same color - the current trend continues.

2. Whenever a WellxAMA dot changinges color - the trend changes to the opposite.

3. If WellxAMA draws a new dot with every new chart candlestick - the market is trending.

4. Whenever a dot is missing - it is an indication of a sideways moving market ahead.

(On the screen shot we can see that as an empty/bare thin brown line stretching alongside several candlesticks in a row) - this means a trend is pausing and we may encounter range-bound conditions ahead.

5. What direction to follow when the WellxAMA dots are missing? Stick to the previous trend direction = the previous WellxAMA dot color before the range occurs.

6. If you’re in a trade when WellxAMA starts to range, consider tightening your stops. If you haven’t started trading - you may want to keep out until the trend is resumed.

Download

WellxAMA Trading is a post from: Forex Trading System

Indicators: RSI(8), EMA(8)on RSI window, ATR(20)on RSI window, 28EMA on main window, Monthly Pivot

Use the 28EMA to determine the trend direction on the daily chart

Long entry rule

RSI must cross from below to above EMA(8)
Enter when a new candle opens and the RSI is still above the 8 EMA

Short entry rule

The reverse of above.

Stop loss: 75% of the value of the ATR(20)
take profit: use resistant and support of Fibonacci or the monthly pivots (let the profits run).

Daily Simple Strategy is a post from: Forex Trading System

Time frame: 1hr

Pairs: eur/usd and eur/jpy only

First and foremost, the ema shows the trend

Entry: when the ema are in an orderly fashion, I mean 80 below 130 and 130 below 200 and so on, and the opposite for an uptrend, once a bullish candle wicks piece the 130 and above or touches the 80 for eur/usd or pieces 80 and above for eur/jpy enter a sell, the opposite is true for a buy.

But if you to be aggressive, even when the 80 crosses the 130 and 200 but still below the other moving averages,the sequence is still in place.

Attached is a chart, the red lines shows entries.

By Egudu

1H EMA Reversal is a post from: Forex Trading System

Objective: Quick Profit taking with tight stop loss by trading anti trend.

Target:
1. Mid way of Bollinger band
2. Upper Bollinger band

Do exactly opposite for going short in up trend.

Setup.
4H chart
ADX (14,1) had made recent mountain of hight of at least 45 and just started down hill.
RSI(3) had touched and recovered from line at 10.
Stoch(6,3,3) had crossed below 20.
Price had just departed from lower Bollinger band.
Upper bollinger band is at least 300 pip away

Stop loss 100 pip.

By Deo

Trend Backstabbing System is a post from: Forex Trading System

What we need for RAINBOW MADNESS v2:

MACD
Heiken Ashi Smoothed
Many MA’s
Trigger MA’s
Stoch
And a trend.

SETTINGS:

MACD – 9:19:1
Heiken Ashi Smoothed – 2:17:3:2
MA’s – If you use MetaTrader than all you need is 06,07 and 08 set Rainbow’s. If you dont you have to put these on your chart:
MMA06 MMA07 MMA08

68 EMA 50 EMA 35 EMA
65 EMA 47 EMA 33 EMA
62 EMA 44 EMA 31 EMA
59 EMA 41 EMA 29 EMA
56 EMA 39 EMA 27 EMA
53 EMA 37 EMA 25 EMA

Every set of MA’s should be in different color. Just so it would be easier for you.

Trigger EMA’s – 10 EMA (open) ; 6 EMA (close)

You can use other set of trigger EMA’s if you want to. Like 5 EMA (open); 5 EMA (close) etc. But you should know that every MA’s set has problems. Find one that works for you or use 10/6 or 10/8

Stoch – If you want you can use usual stoch but it takes some room so I like to use stoch alert.
Stoch 8.3.3
Overbought – 75
Oversold – 25

If you want to use usual stoch than put it on your chart with stoch alert just so you could understand why usual stoch gives many more signals.

Why we need all these indicators?

Cuz everyone of them improves other.
Like trigger MA’s. They give many false signals but Stoch helps to escape them. And sometimes stoch gives false signals and MA’s help.
Heiken Ashi candles work together with Rainbow.

MACD:
I have added 2 levels to MACD: 4.5; -4.5. The are between them is called Silent Zone. When MACD is somewhere in this channel we don’t take any trades. When MACD candle ends above/below this channel we can start to think – yes or no.
Why do I need this stupid channel you ask? See example.

Everything is showing that price is going down: RED Heiken Ashi, Rainbow, stoch, Trigger MA’s and MACD but MACD is still in the Silent Zone (We would enter trade on next candle after blue line if this would be right trade)
So no trades while macd IS IN SILENT ZONE.

Next 4 canles: (stoch)

With this I mean that we enter trade only on next 4 candles after stoch makes a cross. If everything gives a signal later we don’t take the trade.
One thing about stoch alert. Stoch makes cross AFTER arrow candle ends.
That’s when we start to watch if we can take the trade.

So anyway 4 candles. In this case we can enter trade only on sixth candle.
Much too late.

So anyway rules for entry:

LONG –
MACD is above 0 and out of Silent Zone and previous candle is green.
Stoch has made a cross. (Arrow on my chart. REMEMBER – stoch has made a cross after arrow candle. So first candle

when we can enter trade is candle after arrow candle)
Rainbow is in right order. If you don’t know what is right order see Rainbow Madness V1.
Price bounces off somewhere in rainbow.
Previous heiken ashi candle is blue.
Trigger MA’s has made cross.
REMEMBER - 4 candles!

SHORT –
MACD is below 0 and out of Silent Zone and previous candle is red.
Stoch has made a cross. (Arrow on my chart. REMEMBER – stoch has made a cross after arrow candle.

So first candle when we can enter trade is candle after arrow candle)
Rainbow is in right order. If you don’t know what is right order see Rainbow Madness V1.
Price bounces off somewhere in rainbow.
Previous heiken ashi candle is red.
Trigger MA’s has made cross.
REMEMBER - 4 candles!

I believe that examples will help you understand much better.

And now – Take Profit and Stop Loss.
That’s up to you. I’m just going to make a list and you can chose or if you want do it how you like it.
SL-
previous high/low
round number areas
strong s/r level
Some indicator like bbands stop v1

TP-
Fibo levels
R:R 1:1
S/R levels
Some indicator
Price action
Etc.

By Azim

Rainbow Madness V2 is a post from: Forex Trading System

Time frame
30min-1hr and it may be used for scalping

Indicators
9 SMA on close
100 SMA on close
RVI = 100 (relative vigor index) same as Sidus’ indicator. (THIS INDICATOR IS NOT NECESSARY I(the author) USE IT FOR MOMENTUM MAINLY)

Method
LONG - When the 9 crosses above the 100 SMA Buy and it helps if the RVI is above 0
SHORT - When the 9 crosses below the 100 SMA Sell and it helps if the RVI is below 0

(EXIT)
Close your position and reverse it when the 9 crosses back or Close the position when the price crosses back over the 9 SMA by 20 pips.

Additions
You may generally have periods when the price may whipsaw 1 or 2 times in a row, but 80-90% of the time when the 9 crosses the 100 you will catch an awesome move.. I trade only the GBP/JPY on the 1 hour (1 to 2 trades a week)

9 and 100 SMA Cross is a post from: Forex Trading System

Number of charts used: 2, one chart for the entry and one chart that is 4 times longer to determine the trend. So for entries off the M15 chart I would check the hourly chart and for entries off the hourly chart I would check the 4 hour chart.

Pairs: ANY
Time Frames: Any time frame from 15 minutes up to the daily for the entry. The trend time frame is always 4 times longer than the chart used for your entry. I have had tested this successfully with m5 entries but at this time frame things happen too quickly for my personality.

Indicators:
Layered RSI 3-14 with levels at 80, 70, 50, 30, 20 or 8 period CCI with levels at 200, 100, 0, -100, -200
EMA 13, 65, 200
PARABOLIC SAR
MACD 12,26,9
For the entry charts I use the RSI 3-14 layered on top of each other. In other words I use a 3, then a 4, 5 and so on up to 14 all in the same spot on the chart. If you are unable to duplicate this then an 8 period CCI works just as well. I use multiple RSIs because when all periods of the RSI bunch up and form a tight rope it usually means price will make a nice bounce. I also like to see where the 14 period RSI is at the point of entry. This will be clearly obvious when you see my charts.
For the longer time frame trend chart I keep everything the same but leave out the RSI or CCI. Using the MACD along with the SAR may seem a little redundant but i have been very successful with this set up so I will continue to do so.

RULES FOR ENTRY

LONGER TREND CHART: First I check the long term chart to determine the trend. If the MACD is above the zero line and histogram is getting taller and the Parabolic SAR is forming below the price I will only look to go long, and do just the opposite to go short.

ENTRY CHART:
For long entries the 65 EMA should be angling upward and above the 200 EMA and price must be trading above 65 EMA. MACD must be pointing up, SAR must be forming below price. The best time to enter is right after the 13 EMA crosses the 65 EMA. When these conditions are met I wait for the price to come down to touch the 13 EMA. If the candle closes above the 13 EMA, I check to see the multiple RSI are forming a nice tight rope and approching the 30 level. If using the CCI it should be just touching or getting close to the -100 level. Remember trading is an art, not a science. When these conditions are met I enter on the very next candle . If the price blows right through the 13 EMA, I wait to see if it touches or closes just above the 65 EMA. If price touches or stops just above the 65 EMA, I enter on the very next candle. I always wait for the candle close less than 10 pips from either the 13 or the 65 EMA before I enter. I do just the opposite for short entries.
I usually do not take trades when price is trading between the 65 and 200 EMA. Price action usually becomes extremely choppy so it is best to avoid it. I will also not enter the if price dips low enough to touch the SAR. Now we all know that trends do not go on forever and after the price has price has touched or come near the 13 EMA 3 times, taking any more signals could be very dicey.

RULES FOR EXIT: Since I usually risk about 10 percent of my capital, I exit after 20 pips if risking 10. If you are looking for more, then you may stay in the trade until the MACD histogram begins to fall or get shorter if going long, or when price touches the SAR.

STOP LOSS: For the USDCHF, USDJPY, AUDUSD, NZDUSD I never use more than a 10 pip stop loss for time frames up to 1 hour. I have settled on this number after reviewing over a hundred trades and finding the price only moved an average of 5.1 pips against the direction of my entry. For the other Yen crosses I would use no more than 15 pips. Now having said that, May 6 and 7 were extraordinary days and using stops this tight would have got you stopped out. So adjust when necessary.

No strategy will ever be perfect but being able to keep my stops at less than 15 pips for most pairs on the shorter times allows me to increase my leverage and grow my account much faster than before. My longest win streak has been 17 trades in a row and I have been using this steadily for the past 5 months.

The following charts from 05/07/10 is a trade I usually don’t take but the signal looked strong so I pulled the trigger anyway.

By William

Multiple RSIs and sharp pointy objects is a post from: Forex Trading System