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
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:
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.
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 .