Sam 1 Trading System

Hello traders

First of all i wanna to say that i did not create this system all what i did that i mixed some indicators that i found in some systems and found that it works better in that form more than it works with its original systems.

You will find all needed indicators and a template attached below.

Time frame used : H4

Entry Rules:

Long entry when:

1- 4 time cci gives all periods green squares.
2- Red MA is abouve blue MA in the chart.
3- We must have buy signals of minimum 2 of the other 3 indicators:
a- green line in ADX is above red one and above level 20.
b- blue MA in MACD is above the red one.
c- DPO line is above zero level.

Short entry when:

1- 4 time cci gives all periods red squares.
2- blue MA is abouve red MA in the chart.
3- We must have sell signals of minimum 2 of the other 3 indicators:
a- red line in ADX is above green one and above level 20.
b- red MA in MACD is above the blue one.
c- DPO line is under zero level.

I tested this system on these 3 pairs and the results was great:

1-USDJPY
2-EURJPY
3-GBPJPY

I did not try it with other pairs so you can try it and share your results if it was good.

TP & SL:

TP 1 40-50 pips (according to your spread)
TP 2 900-100 pips

SL: i usually use the previous top or bottom to my entry.

Hope the system is now clear to every body and if you have any question i will be happy to answer you.

i will post some examples to trades in the next post.

sam1.zip (6.37 KB)


AS we can see in the pic there is 2 examples for long entry in September.

In ex. no. 1 the four squares in 4 time cci indicators gave us a long entry signal and at the same time we had the red MA was over the blue one and we had buy signals on DPO and MACD indicators then price went high for more than 150 pips hitting tp1 and tp2.

In ex. no. 2 when 4 time cci gave us a long entry signal i had to wait until 2 other indicators confirmed the signal then i went long and only tp1 was hit.

Hope that the system is now clear to every body and i will post any new signals when it is available .

Thankyou for the share,please post the 4 cci indicator as it is not in the zip file
Regards

the 4 cci indicator ain’t there in the zip file, please post it, thanks!

Looks quite interesting.

Obviously this does not require you to sit in front of the computer the whole day though, especially when you have full time work during the day also, which is good…

So basically you only use it on these three pairs though?

And time frame is 4hr… Have you considered going up to daily time frame??

Also could you maybe post the 4cci here or could we add it ourselves maybe?

yes pipin i tried it on daily time frame but there were 2 problems :
1- the opportunities were very rare .
2- the SL was very big .

so i think we can work on this and find solutions.

The second thing about these three pairs i found that the best results were with it.

This was the first chance in Oct. and it was today on gbpjpy pair and it went +75 pips hitting my TP1 then it reversed .


Download the zip file again and you will find the 4cci indicator.

Total for last week:

1Trade hit tp1 for +50 pips profit

Sorry for being late to post this.

But last week we had only 1 chance and it was on EURJPY pair and as is shown on the attached pic the price went and hit my TP1 for +50 pips profit then went back and hit my BE stop

so for the 2nd week for the strategy:

1 trade hit tp1 for +50 pips


This week we have more than 1 chance till now .

The first one was yesterday for gbpjpy and it hits my TP1 and still active with SL @ BE.

Entry was @ 157.700


The 2nd one was yesterday too and it was for eurjpy pair and it is still active and didn’t hit my tp yet but i think it is on the way.

Entry was @ 133.520


So, is the CCI being used to detect trend instead of overbought/sold with this system?

I’m looking at how each indicator is actually being used to try and fully understand the reasoning as to why the system may work.

yes irvinfitness the CCI is used to detect trend in this strategy

Total trader for the last week:

2 Trades:

1- EURJPY : Hit my tp2 for +100 pip profit
2- GBPJPY : Hit my tp2 for +100 pip profit

TOtal : +200 pips profit

Thanks for the verification!

Sounds like a pretty nice week for just 2 trades! Congrats!

I’ve looked at a quick backtest for this and it definitely looks very interesting. Setting the TP levels is definitely key and I’m wondering if a trailing stop after your first TP is hit would help you maximize the second half of the position. Something like 75-80 pips or so seems about right for both EJ and GJ from what I reviewed in my backtest. For the two trades from last last week, this would have resulted in fewer pips, but it would help you catch the 500+ pips moves. Have you thought about this at all or do you have any experience with it?

[QUOTE=“irvinfitness;556158”] Thanks for the verification! Sounds like a pretty nice week for just 2 trades! Congrats! I’ve looked at a quick backtest for this and it definitely looks very interesting. Setting the TP levels is definitely key and I’m wondering if a trailing stop after your first TP is hit would help you maximize the second half of the position. Something like 75-80 pips or so seems about right for both EJ and GJ from what I reviewed in my backtest. For the two trades from last last week, this would have resulted in fewer pips, but it would help you catch the 500+ pips moves. Have you thought about this at all or do you have any experience with it?[/QUOTE]

Thanks for sharing your thoughts irvin

Trailing stop is a nice idea and i use it already but after my TP 2 is hit but the problem is the pairs we are dealing with in this system are too volatile so in most cases trailing stop is being hit early.

Ok that makes sense. I do have a question regarding the weekend gaps. Do you typically trade them if the rules are met? For example: EJ just had a decent gap over the weekend and met the rules for a long entry. Did you take this trade?

sorry irvinfitness for the late reply.

About your question : yes i took this trade and i take any trade that met the rules even it is the week start or at news times or any thing else.

This week we had 2 trades, both were for EJ pair the first was the one irvinfitness was asking about (28-10-2013) and the second was (29-10-2013) and both hit my TP1 for +50pips for each one so :

Total for the week is +100 pips profit.