Trend Trading System with Alligator

Hello all…

Good to see you this monday.
I have to thanks to all of these great members at this babypips forum… i have learned so much here since i registered.

Today i decide to share some of my trading system to all of you guys hope this help for you guys.

i really appreciate all the comment and opinion to improve this system.

OK…I will just go the point.

The indicator i use is only the Alligator, why alligator (" it’s lagging but for sure it help you to filter the trend ".

I trade EURJPY : coz i see the trending market is often at this pair and of course i have backttest it for sure

ENTRY is at the H4 TF

  1. -if the price is above the alligator, we just looking for buy
    -if the price is below the alligator , we look for sell
  2. the buy signal is triggered when the candle can’t form the new high at above alligator at least 2 candle or it already break the m30 TF alligator : the entry is at the high that formed , and for the sell is the opposite. " buy stop at 3 pips above the high and sell stop 3 pips below the low

NB : MAKE SURE THE CANDLE IS ALREADY MAKE NEW HIGH OR LOW AT THE FIRST BREAK AT ALLIGATOR AND DOESN’T CLOSE IN THE ALLIGATOR AT H4 TF


this H4 EURJPY CHART tells us a lot : if there is problem in this entry,i will kindly help… sorry for my bad english


this is m30 TF EURJPY CHART. any problem don’t wait to ask… :smiley:

EXIT signal at m30 and H1 :

  1. when trade is entered, zoom to m30. SL was put below or above 4 pips the previous candle that touch our pending order or find the support resistance if the price move in our favor to trailing our profit
  2. exit when we find 3 consecutive bull candle form at H1 TF or if H1 candle for bear candle, we just look for 1 bull candle finish then close the trade.


this how the SL is put


this how another way to exit

This is the result of 1 year back test eurjpy from 3rd october 2011

-6 -12 45 -930 -20.66666667
1 -5 77 1749 22.71428571
77 71
-57 -63 profit factor 1.880645161
-26 -32 average profit 22.71428571 this test has been calculated with spread 3 pips
17 11 average loss -20.66666667
12 6 win chance 63%
-17 -23
20 14
14 8
-9 -15
17 11
19 13
36 30
58 52
-13 -19
74 68
12 6
-24 -30
3 -3
14 8
1 -5
43 37
-16 -22
48 42
-15 -21
4 -2
45 39
37 31
8 2
19 13
9 3
17 11
13 7
16 10
2 -4
2 -4
76 70
-14 -20
9 3
30 24
25 19
-1 -7
2 -4
20 14
-21 -27
25 19
93 87
62 56
-67 -73
8 2
-2 -8
-20 -26
4 -2
-28 -34
49 43
27 21
34 28
45 39
9 3
30 24
19 13
1 -5
-26 -32
38 32
-26 -32
39 33
48 42
39 33
8 2
15 9
30 24
-30 -36
12 6
-16 -22
6 0
-5 -11
-25 -31
-18 -24
-15 -21
-19 -25
7 1
-8 -14
41 35
-14 -20
21 15
-14 -20
14 8
17 11
-10 -16
12 6
51 45
14 8
-21 -27
38 32
-24 -30
-10 -16
27 21
27 21
-19 -25
8 2
49 43
25 19
13 7
32 26
-6 -12
8 2
14 8
-20 -26
15 9
-18 -24
14 8
29 23
29 23
59 53
40 34
6 0
22 16
69 63
44 38
11 5
34 28

Happy trading all.
Catch you later

There is a buy signal when this h4 candle form. Happy pipping

Hi all,

last night, my buy order was triggered and out for -18 pips with spread. let’s take a look


regards,
willy

because at h4 the candle haven’t closed in alligator, buy stop above candle high 107.60

regards,
willy

buy stop deleted, coz the price has close in the alligator… :smiley:

hi all,

EURJPY yesterday profit 9 pips

here is the screen shot


regards
willy