System's Daily Signals - Log

ephi144

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Been working on a signal/system. want to keep log of it here:
System is home grown and do not claim any claims of making trillions or millions.
it has been tested on es ym eurusd audusd gbpusd
its based on momentum and price pressure.
it uses following:
EMAs for filtering
momentum (my calculation) for direction
entry points - targets for profit (dynamic) .
exits are based on volatility as well as hard stops (e.g. points or pip based).
yellow = enter short
green = enter long
P:XXXX = pofit target
cyan dot = target reached.
magenta = you might want to get out if you have not.

oh and the candle bars are also developed by me. they are not heiki ashi or ttm . they are also based on
momentum and are smoothed out to reduce noise.
video here:
http://www.daytradethefx.com/?page_id=223

i am in process of building a site which is going to be free of charge unless i am providing private consulting.
i am doing this for me and friends and community.

AUDUSD

http://www.daytradethefx.com/?p=5

EURUSD
http://www.daytradethefx.com/?p=1
 
Last edited:
60 Minute targets reached...

89 ticks are as follows: will resume trading after dinner:
 

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uploading same date-time frames to see how it hits targets
 

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must follow rules. Only take signals given by the system. always follow your signals.
don t make your own trends. as evidenced by the system that it may appear that trend is running away from you (where you have the red candle meaning negative momentum) your left brain says to get in get in your heart is pounding that hey what are you doing this is running away from you. but the system says no no this is wrong wait wait until i turn blue :)

patience
cut losers
be ready for losing trades
 

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