Auslanco-英镑/日元强弱指标策略 (Auslanco-GBP/JPY Strength Indicator stra)

Hi guys...I'm trying to put up the much needed strategy rules for my system.

Lesson-1
First I will introduce you to the two main indicators I use for my trading. It's safe to place trades just by using these two indicators after you confirm a trade according to the strategy rules.

a. The strength Indicator
b. TFT line

For VT Trader users:

Strength Indicator = Quantitative Qualitative Estimation Indicator ( Smoothing period 5) Please go to indicator properties and add a red line on the value 50.
Go to color /style on the same indicator properties and turn the LevelRSIfast to white(invisible)....

TFT = Gann HiLo Activator (period/value 10)


Free charting package VT trader- freewww.vtsystems.com

Time frames 4hr,1hr

Check list before enter a trade:

Buy signal
A).4hr chart:First confirm the 4hr Strength indicator has turned bullish( This can be either below or above the 50 line) Please note that the 4hr strength indicator doesn't have to cross over to the 50 line.

B).4hr chart:Make sure the candle has formed above the TFT line.

now once you confirm the above two features you know the short-medium term trend is bullish.

Entry:

C). 1hr charts: you only enter the point of the strength indicator cross over the 50 line upwards.

If you find that 1hr SI is way above the 50 line by the time you get a cross over confirmation from 4hr, that means a major retracement is due. please wait untill the 1hr SI turn bearish and go back to bullish again to enter.

d). 1hr Charts: Make sure a candle has formed above the TFT line.

Always enter @ the start of 1hr confirmation bar(second bar after the TFT crossover bar )