I have a system, It is old but in new style and it is none other than ichimoku. In that system all we need is upkumo and downkumo and don’t use tenken sen, kijun se and chikou span. Apply it on a one hour chart. Then use 14, 21, 100 200 SMA . You all set. It will look like this
Now about taking positions. It is as simple as 1-2-3. Just wait for a cross over and take position when a fresh candle forms outside the cloud. When you take position, make sure that the candle formed outside and doesn’t touch the cloud. Take buy position when candle forms above the chart and fix a s/l below the cloud. Fix target OF 100 PIPS. You’ll surely get 5 crossovers a month and 4 out 5 will be in profit. Try to avoid month end crossovers. You can also use m30 if you are a day trader. You will get daily cross overs. But reduce your target accordingly. That’s all !
Here is another example
Here in the chart above you can see I took profit at 100 pips, because there is a chance of bounce back after 100 pips. So don’t be greedy or you can fix a s/l 30 pips away the market price. So that you can collect all that pips to your basket ! It’s just an example. You check your chart for more examples. Happy trading !!!