交通灯系统 (Traffic Light System)

It's taken me a while to get the nerve to present this method for my fear of ridicue. But nothing ventured, nothing gained. So I formally present the "Traffic Light" daily trending system (or method). I've been trading this method now since the beginning of December with much success. Admittingly I have over-traded, traded with no SL or TP, and not use any sensible money mangement, yet I have made a little over $7400 in profit, starting with $300 (I have attached a spreadsheet with all my trades).

Since I have a non-trading job ( I hope to change that one day), and don't have access to my trades during the day, I've been trying to find/develop a method that would allow me to just trade at night. After a year and half of blowing three live accounts, a ForexFactoryFriend (FFF) suggested a scalping system, which I immediately put it on the daily charts. I fooled around, added/subtracted indicators, consulted with my FFF (on a daily basis), finally coming up with what I think is a pretty good method of trading - well it works for me! So let me thank everyone on FF for all their system, methods, ideas, indicators, etc. It's because of all I've read here, and some great help from a friend (you know who you are) that I offer this method for your consideration.

T.F - Daily (that's all I use)
Platform - MT4 (build 220)
Broker - IBFX (not that this method is broker specific, they are just who I use)
Pairs - ALL (whatever you are comfortable with)

Indicators:
HMA Modified
RSI Custom
Goldminer 2
(i will attach indicators and template in subsequent posting)

These are all indicators that visually show the trend, and thats is what this method is all about. I can't really talk about what makes these indicators do what they do, all I can say is together they visually tell you which way the trend is going and when to get in (pretty early in most cases) and when to get out.

For Sell Trades:
The HMA Modified must be Red, Goldminer2 must be Red, and RSI Modified must be Red or Yellow.

For Buy Trades:
The HMA Modified must be Green, Goldminer2 must be Green, and RSI Modified must be Green or Yellow.

Exits:
You exit when either the HMA Modified line changes colors or Goldminer2 changes to the opposite color of the HMA Modified Line.

That's it, pretty simple!

I have attached a chart that demonstrates how to get in and out of trades. Now I'm sure there will be those that say that my indicators re-paint so this method is useless. I have not found this to be an issue. I usually take trades Sunday night (giving the new daily bar time to settle in). Around Wednesday morning I try to take some profits and be out Wednesday night/Thursday morning. It seems that the market tends to take back towards the end of the week - I'm still researching this.

Ok now it's your turn, what do you think.