Another system we can take a look

Trading Systems
1

I already posted this system. Its not perfect but we all can help optimizing it.
https://forums.babypips.com/t/optimizing-a-strategy-m15/

Now i have this for you all:

Chart Setup:
M15 Chart
Parabolic SAR (prefered PSAR Arrows)
%R (16) (scale lines at -40 and -60)

Optional Heikin Ashi Candles
Optional maybe as filter a MACD or a MA

Long:
%R goes above -40
PSAR Dot is below chart (respectively arrow is pointing up)

Short:
%R goes below -60
PSAR Dot is above chart (respectively arrow is pointing down)

Exit:
Dot moves to opposite
%R moves to opposite

Stop:
below last high/low

I use it for all Majors, but i will try to post updates.

Here you see how the chart should look like.
I tried to drawed a few possible trades in. Red arrow was a small loss. Two trades blue arrow was Break Even. And one green arrow a big profit.
Depends on Session and time i think.

grafik

2

Have had a loss trade. See picture:

grafik

3

It’s a nice trading system that you have built. Even I have built my own trading system per my requirements, let’s see how it goes.

4

Hi, would be nice if you give us some information in here how the setup of yours is.