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  #1 (permalink)  
Old 03-06-2008, 08:43 AM
tresorfx tresorfx is offline
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Join Date: Mar 2008
Posts: 4
Default Dlc Strategy

Hello every body,
i'm a member of Forex Factory for some months. and i was inspired by some trader methods to build this one. the principle are very simple however, your criticism are welcome!

Indicators: triggerlines (TL), Awesome Oscillator (AO), Accelerate Oscillator (AC)
Candle stick: D1, H4 and H1
ENTER LONG: when TL is blue and AO and AC are green.
ENTER SHORT:when TL is red and AO and AC are red.
number of orders: 5 orders

i call HR (High Reverse) the last high of the price before the trend turn around, and LR (Low Reverse) the last Low of the price before the trend turnaround.

STOP-LOSS (SL) = LR for long entry
STOP-LOSS (SL) = HR for short entry

the Target depends on the timeframe and on the pairs
GBP/USD (DAILY CHART)
BUY ORDER
- 1st order: SL=LR, Target=50
- 2nd order: SL=LR, Target=100
- 3rd order: SL=LR, Target=150
- 4th order: SL=LR, Target=200
- 5th order: SL=LR, Target=200

SELL ORDER
- 1st order: SL=HR, Target=50
- 2nd order: SL=HR, Target=100
- 3rd order: SL=HR, Target=150
- 4th order: SL=HR, Target=200
- 5th order: SL=HR, Target=200

GBP/USD (H4 CHART)
BUY ORDER
- 1st order: SL=LR, Target=50
- 2nd order: SL=LR, Target=100
- 3rd order: SL=LR, Target=100
- 4th order: SL=LR, Target=150
- 5th order: SL=LR, Target=150

BUY ORDER it's the same Target the SL=HR

GBP/USD (H1 CHART)
BUY ORDER
- 1st order: SL=LR, Target=30
- 2nd order: SL=LR, Target=60
- 3rd order: SL=LR, Target=60
- 4th order: SL=LR, Target=90
- 5th order: SL=LR, Target=90

BUY ORDER same Target and SL= HR


i take the exemple of GBP/USD i'll post soon the result of the other pairs.


THIS IS HOW TO MANAGE THE STOP LOSS.

GBP/USD (H4 chart)
if the buy order is ok this is how to manage the SL. it's tha same case for the other pairs, GBP/USD is just an example.
if the 1st order is ok! (T1=50pips reached), move up the stop loss of 50pips. the new SL is :
SL= LR+50.
if the seconde order is ok, move up the Stoploss of 100pips. so SL=LR+50+100.
do you catch me?
well.
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Old 03-06-2008, 08:50 AM
tresorfx tresorfx is offline
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Join Date: Mar 2008
Posts: 4
Default Some Charts

these are some charts:
gbpusd1.jpg
gbpusd2.jpg
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Old 03-06-2008, 08:56 AM
tresorfx tresorfx is offline
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Join Date: Mar 2008
Posts: 4
Default More Chart

these are some chart to see how it work.

gbpjpy3.jpg
gbpjpy4.jpg
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Old 03-06-2008, 09:00 AM
tresorfx tresorfx is offline
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Join Date: Mar 2008
Posts: 4
Default

Enter when the condition are ok!
buy: TL blue, AC and AO green
sell: TL red AC and AO red
if your positions are not ok, you can exit if AC change color:
- if you're long, exit when AC turn red
- if you're short, exit when AO turn green
as on this chart:
SHORT EXIT.jpg
LONG EXIT.jpg
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